Olde Gold Cup / Bear Wallow Knolls median real estate price is $678,501, which is more expensive than 77.5% of the neighborhoods in Virginia and 79.4% of the neighborhoods in the U.S.
The average rental price in Olde Gold Cup / Bear Wallow Knolls is currently $2,489, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of Virginia neighborhoods.
Olde Gold Cup / Bear Wallow Knolls is a rural neighborhood (based on population density) located in Warrenton, Virginia.
Olde Gold Cup / Bear Wallow Knolls real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Olde Gold Cup / Bear Wallow Knolls 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 Olde Gold Cup / Bear Wallow Knolls, 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 Olde Gold Cup / Bear Wallow Knolls 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.
With a real estate vacancy rate of only 0.0%, the Olde Gold Cup / Bear Wallow Knolls neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In a nation where 1 out of every 4 children lives in poverty, the Olde Gold Cup / Bear Wallow Knolls neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you are planning to retire in Virginia, this neighborhood should be on your must-see list. For many reasons, Olde Gold Cup / Bear Wallow Knolls may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Virginia, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.9% of neighborhoods in VA. If a Virginia retirement is in your future, this neighborhood should be one of the places you visit.
Did you know that the Olde Gold Cup / Bear Wallow Knolls neighborhood has more Croatian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Croatian ancestry and 5.4% have Cuban ancestry.
Olde Gold Cup / Bear Wallow Knolls is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Olde Gold Cup / Bear Wallow Knolls neighborhood in Warrenton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.0% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Olde Gold Cup / Bear Wallow Knolls neighborhood, 48.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.3%), and 8.0% 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 Olde Gold Cup / Bear Wallow Knolls neighborhood is English, spoken by 87.5% of households. Other important languages spoken here include Vietnamese, Polish and Spanish.
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 Olde Gold Cup / Bear Wallow Knolls neighborhood in Warrenton, VA, residents most commonly identify their ethnicity or ancestry as English (21.4%). There are also a number of people of Irish ancestry (17.5%), and residents who report German roots (15.8%), and some of the residents are also of Asian ancestry (10.1%), along with some French ancestry residents (5.6%), among others. In addition, 11.8% of the residents of this neighborhood were born in another country.
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 Olde Gold Cup / Bear Wallow Knolls neighborhood spend between 45 minutes and one hour commuting one-way to work (41.1% of working residents), longer and tougher than most commutes in America.
Here most residents (73.7%) 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 (9.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.