Arboretum is a suburban area in Wilmington, North Carolina area that was established in the 1960s. This is a neighborhood on the ocean. The current average rental price in the area is $2,314, which is slightly higher than the national average. Compared to the rest of North Carolina, this neighborhood has a higher average rental cost than 97.0 percent of the state’s neighborhoods.

Arboretum Dr real estate is mostly comprised of single-family homes ranging in size from medium (three or four bedrooms) to big (four, five, or more bedrooms), as well as apartment complexes and high-rise apartments. Most of the homes are owner occupied. 

Despite being founded so many years ago, many of the homes are newer, having been built between 1970 and 1999. Some of residences have also been constructed between the years 2000 and the present.

Arboretum Dr has a vacancy rate of 12.1 percent, which is much higher than the national average when compared to other U.S. areas (higher than 65.1 percent of American neighborhoods). Seasonally occupied housing accounts for 8.4 percent of the total housing stock in this area, which is common in markets with a high concentration of colleges or vacation properties. If you live here year-round, you will notice that many of the homes and apartments are empty for quite a few months of the year.

Do you prefer a coastal environment? If this is the case, this neighborhood might be a good fit for you. Arboretum Dr is a neighborhood that is located on the ocean, a bay, or an inlet. A common feature of such coastal communities is the presence of amenities and recreational activities on the waterfront that are appealing to both residents and visitors.

Arboretum Dr is along the coast,  historic, easily walkable, and quite densely populated. This gives the neighborhood a very nautical feel, with a strong sense of the seaside and shipping, which some people may find very pleasing in terms of views and noises.

When compared to other neighborhoods in the United States, Arboretum Dr. has one of the lowest rates of children living in poverty of any neighborhood in the country. In a country where nearly one in every four children lives in poverty, the Arboretum Dr community certainly stands apart from the crowd in this aspect.

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