Stonecroft / The Greens at Fair Lakes median real estate price is $602,544, which is more expensive than 67.1% of the neighborhoods in Virginia and 71.2% of the neighborhoods in the U.S.
The average rental price in Stonecroft / The Greens at Fair Lakes is currently $2,896, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.7% of the neighborhoods in Virginia.
Stonecroft / The Greens at Fair Lakes is an urban neighborhood (based on population density) located in Fairfax, Virginia.
Stonecroft / The Greens at Fair Lakes real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Stonecroft / The Greens at Fair Lakes 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 Stonecroft / The Greens at Fair Lakes, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Stonecroft / The Greens at Fair 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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Stonecroft / The Greens at Fair Lakes neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Stonecroft / The Greens at Fair Lakes stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 93.6% of the residential real estate here was built in this one time period.
Furthermore, if you love row houses and attached homes, you will probably really like the Stonecroft / The Greens at Fair Lakes neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 34.2% of the residential real estate here is classified as row houses and attached homes.
Did you know that the Stonecroft / The Greens at Fair Lakes neighborhood has more Iranian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Iranian ancestry and 42.8% have Asian ancestry.
Stonecroft / The Greens at Fair Lakes is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Stonecroft / The Greens at Fair Lakes neighborhood has a greater percentage of residents born in another country (51.1%) than are found in 97.9% of all U.S. neighborhoods.
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 Stonecroft / The Greens at Fair Lakes neighborhood in Fairfax are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.0% of the neighborhoods in America. With 16.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Stonecroft / The Greens at Fair Lakes neighborhood, 61.7% 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 24.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.1%), and 3.6% in government jobs, whether they are in local, state, or federal positions.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Stonecroft / The Greens at Fair Lakes neighborhood is English, spoken by 47.8% of households. Other important languages spoken here include Langs. of India, Spanish, African languages and Persian.
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 Stonecroft / The Greens at Fair Lakes neighborhood in Fairfax, VA, residents most commonly identify their ethnicity or ancestry as Asian (42.8%). There are also a number of people of German ancestry (7.1%), and residents who report English roots (6.3%), and some of the residents are also of Irish ancestry (5.9%), along with some Italian ancestry residents (4.9%), among others. In addition, 51.1% of the residents of this neighborhood were born in another country.
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 Stonecroft / The Greens at Fair Lakes neighborhood spend between 30 and 45 minutes commuting one-way to work (30.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (62.7%) 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 (5.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.