Real Estate Prices and Overview
Lucks Ln / Courthouse Rd median real estate prices are $250,833, which is more expensive than 58.7% of the neighborhoods
in Virginia and 71.2% of the
neighborhoods in the U.S.
Average rental prices in Lucks Ln / Courthouse Rd are currently
$1,767, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2%
of the neighborhoods in Virginia.
Lucks Ln / Courthouse Rd is a suburban neighborhood (based on population
density) located in Richmond, Virginia.
Lucks Ln / Courthouse Rd real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Lucks Ln / Courthouse Rd 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 Lucks Ln / Courthouse Rd, the current vacancy rate is 3.2%,
which is a lower rate of vacancies than 86.5% of all neighborhoods
in the U.S. This means that the housing supply in Lucks Ln / Courthouse Rd
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
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.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Lucks Ln / Courthouse Rd neighborhood has some of the lowest rates of children
living in poverty of any neighborhood in the United States. In a nation
where approximately 1 in 4 children are living in poverty, the
Lucks Ln / Courthouse Rd community truly stands out from the rest in this regard.
In addition, the Lucks Ln / Courthouse Rd neighborhood is a great option for families,
as revealed by NeighborhoodScout's research on this neighborhood. The
combination of top public schools, low crime rates, and owner-occupied
single family homes, make this neighborhood among the top
7.2% of family-friendly neighborhoods in the
state of Virginia. Many other families also live here, making
it easy to socialize and develop a sense of community. In addition,
families here highly value education, as is reflected by the strength of
the local schools.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for urban sophisticates.
Notable & Unique: Diversity
Did you know that the Lucks Ln / Courthouse Rd neighborhood has more
Scottish and Scots-Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.2% of
this neighborhood's residents have Scottish ancestry and 3.9% have Scots-Irish ancestry.
Lucks Ln / Courthouse Rd is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily
speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher
than 97.2% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Lucks Ln / Courthouse Rd neighborhood stands out by having 93.5% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 95.8% of all American
Notable & Unique: Real Estate
In addition, one way that the Lucks Ln / Courthouse Rd neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, real estate in the Lucks Ln / Courthouse Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.8% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Lucks Ln / Courthouse Rd 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, 86.2% of the residential real estate here was built in this one time period.
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 Lucks Ln / Courthouse Rd neighborhood in Richmond are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 92.8% 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 99.9%
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 Lucks Ln / Courthouse Rd neighborhood, 50.9%
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 29.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.8%), and 7.3% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
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 Lucks Ln / Courthouse Rd neighborhood in Richmond, VA, residents
most commonly identify their ethnicity or ancestry as English
(13.0%). There are also a number of people of Irish ancestry (12.8%) , and residents who report German roots (9.9%) , and some of the residents are also of Scottish ancestry (6.2%) , along with some Scots-Irish ancestry residents (3.9%), among others.
The Neighbors: Languages
The most common language spoken in the Lucks Ln / Courthouse Rd
neighborhood is English, spoken by 94.5% of households.
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 Lucks Ln / Courthouse Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (40.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.5%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.