Lakeview of Culpeper / Redwood Lakes median real estate price is $499,020, which is more expensive than 58.6% of the neighborhoods in Virginia and 64.9% of the neighborhoods in the U.S.
The average rental price in Lakeview of Culpeper / Redwood Lakes is currently $2,105, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.0% of Virginia neighborhoods.
Lakeview of Culpeper / Redwood Lakes is a rural neighborhood (based on population density) located in Culpeper, Virginia.
Lakeview of Culpeper / Redwood Lakes real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lakeview of Culpeper / Redwood Lakes neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Lakeview of Culpeper / Redwood Lakes, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 80.1% of all neighborhoods in the U.S. This means that the housing supply in Lakeview of Culpeper / Redwood Lakes is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Lakeview of Culpeper / Redwood Lakes neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.3% of the households here have four, five, or more cars. That is more cars per household than in 95.0% of the neighborhoods in the nation.
Did you know that the Lakeview of Culpeper / Redwood Lakes neighborhood has more Cuban and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Cuban ancestry and 1.0% have Slovak ancestry.
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 Lakeview of Culpeper / Redwood Lakes neighborhood in Culpeper are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.6% of the neighborhoods in America. In addition, 1.1% 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 78.2% 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 Lakeview of Culpeper / Redwood Lakes neighborhood, 43.1% 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 22.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.0%), and 15.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the Lakeview of Culpeper / Redwood Lakes neighborhood is English, spoken by 77.6% of households. Some people also speak Spanish (18.7%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Lakeview of Culpeper / Redwood Lakes neighborhood in Culpeper, VA, residents most commonly identify their ethnicity or ancestry as English (8.5%). There are also a number of people of German ancestry (8.1%), and residents who report Irish roots (7.3%), and some of the residents are also of Italian ancestry (5.6%), along with some Puerto Rican ancestry residents (5.5%), among others.
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 Lakeview of Culpeper / Redwood Lakes neighborhood spend under 15 minutes commuting one-way to work (32.1% of working residents), one of the shortest commutes across America.
Here most residents (80.4%) 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 (8.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.