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Real Estate Prices & Overview

Willow Lakes / Bowers Hill median real estate price is $500,899, which is more expensive than 58.4% of the neighborhoods in Virginia and 64.1% of the neighborhoods in the U.S.

The average rental price in Willow Lakes / Bowers Hill is currently $1,826, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.7% of Virginia neighborhoods.

Willow Lakes / Bowers Hill is a rural neighborhood (based on population density) located in Chesapeake, Virginia.

Willow Lakes / Bowers Hill 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 Willow Lakes / Bowers Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Willow Lakes / Bowers Hill, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Willow Lakes / Bowers Hill is very tight compared to the demand for property here.

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 Chesapeake, the Willow Lakes / Bowers Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Willow Lakes / Bowers Hill neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 19.9% of its workforce, this neighborhood has a greater concentration of government workers than 98.9% of U.S. neighborhoods.

Diversity

Did you know that the Willow Lakes / Bowers Hill neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Cuban 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 Willow Lakes / Bowers Hill neighborhood in Chesapeake are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.6% of the neighborhoods in America. In addition, 9.1% 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 52.9% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Willow Lakes / Bowers Hill neighborhood, 41.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.7% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (19.9%), and 14.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Willow Lakes / Bowers Hill neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (5.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Willow Lakes / Bowers Hill neighborhood in Chesapeake, VA, residents most commonly identify their ethnicity or ancestry as German (12.0%). There are also a number of people of English ancestry (10.4%), and residents who report Polish roots (5.1%), and some of the residents are also of Irish ancestry (3.9%), along with some Italian ancestry residents (3.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Willow Lakes / Bowers Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (53.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.9%) drive alone in a private automobile to get to work. 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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