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Real Estate Prices & Overview

Old Sherwood Forest / Robinhood Trails median real estate price is $499,750, which is more expensive than 79.1% of the neighborhoods in North Carolina and 66.2% of the neighborhoods in the U.S.

The average rental price in Old Sherwood Forest / Robinhood Trails is currently $1,452, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.6% of North Carolina neighborhoods.

Old Sherwood Forest / Robinhood Trails is a suburban neighborhood (based on population density) located in Winston-Salem, North Carolina.

Old Sherwood Forest / Robinhood Trails real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Old Sherwood Forest / Robinhood Trails neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.7% in Old Sherwood Forest / Robinhood Trails. NeighborhoodScout analysis shows that this rate is lower than 55.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Winston-Salem, the Old Sherwood Forest / Robinhood Trails neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

A majority of the adults in the Old Sherwood Forest / Robinhood Trails neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for North Carolina by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.0% of the neighborhoods in North Carolina. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 74.2% of the adults living in the Old Sherwood Forest / Robinhood Trails neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.7% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Real Estate

One way that the Old Sherwood Forest / Robinhood Trails neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, real estate in the Old Sherwood Forest / Robinhood Trails neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

Furthermore, the Old Sherwood Forest / Robinhood Trails neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.5% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.4% of all neighborhoods in America.

Occupations

Executives, managers and professionals make up 69.1% of the workforce in the Old Sherwood Forest / Robinhood Trails neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Old Sherwood Forest / Robinhood Trails neighborhood has more English and Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.7% of this neighborhood's residents have English ancestry and 3.8% have Scots-Irish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Old Sherwood Forest / Robinhood Trails neighborhood in Winston-Salem are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.1% of the neighborhoods in America. In addition, 0.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 79.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Old Sherwood Forest / Robinhood Trails neighborhood, 69.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 11.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.9%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Old Sherwood Forest / Robinhood Trails neighborhood is English, spoken by 91.9% of households. Some people also speak Italian (3.5%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Old Sherwood Forest / Robinhood Trails neighborhood in Winston-Salem, NC, residents most commonly identify their ethnicity or ancestry as English (27.7%). There are also a number of people of German ancestry (23.7%), and residents who report Irish roots (12.3%), and some of the residents are also of Asian ancestry (5.7%), along with some Italian ancestry residents (5.5%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Old Sherwood Forest / Robinhood Trails neighborhood spend between 15 and 30 minutes commuting one-way to work (41.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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