Real Estate Prices and Overview
Shannon Hill / Elk Hill median real estate prices are $198,545, which is more expensive than 44.6% of the neighborhoods
in Virginia and 60.8% of the
neighborhoods in the U.S.
Average rental prices in Shannon Hill / Elk Hill are currently
$1,078, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 49.9% 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
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 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
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 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
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 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
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 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.