Real Estate Prices and Overview
Shannon Hill / Elk Hill median real estate prices are $198,545, which is more expensive than 44.8% of the neighborhoods
in Virginia and 60.9% of the
neighborhoods in the U.S.
Average rental prices in Shannon Hill / Elk Hill are currently
$852, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 55.9% of Virginia neighborhoods.
Shannon Hill / Elk Hill is a rural neighborhood (based on population
density) located in Goochland, Virginia.
Shannon Hill / Elk 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 mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Shannon Hill / Elk 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.
Shannon Hill / Elk Hill has a 11.5% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
60.7% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Goochland,
the Shannon Hill / Elk Hill neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Shannon Hill / Elk Hill neighborhood has more
Brazilian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 0.7% of
this neighborhood's residents have Brazilian ancestry.
Shannon Hill / Elk Hill is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily
speak African languages at home. While this may seem like a small percentage, it is higher
than 95.2% of the neighborhoods in America.
Notable & Unique: Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 41.24 residents per square mile, Shannon Hill / Elk Hill is less crowded than 90.9% of all U.S. neighborhoods.
The Neighbors: Income
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 Shannon Hill / Elk Hill neighborhood in Goochland are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 64.0% of the neighborhoods in America.
In addition, 4.6% 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 77.0%
of America's neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Shannon Hill / Elk Hill neighborhood, 36.3%
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 22.9% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(22.8%), and 18.0% in clerical, assistant, and tech support occupations.
The Neighbors: 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 Shannon Hill / Elk Hill neighborhood in Goochland, VA, residents
most commonly identify their ethnicity or ancestry as English
(11.7%). There are also a number of people of German ancestry (11.3%) , and residents who report Irish roots (4.4%) , and some of the residents are also of Italian ancestry (4.1%) , along with some Sub-Saharan African ancestry residents (2.4%), among others.
The Neighbors: Languages
The most common language spoken in the Shannon Hill / Elk Hill
neighborhood is English, spoken by 91.1% of households. Some people also speak Spanish (5.2%).
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 Shannon Hill / Elk Hill neighborhood spend
between 45 minutes and one hour commuting one-way to work (41.7% of working
residents), longer and tougher than most commutes in America.
Here most residents (92.2%) 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 (6.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.