Silver Hills / Old Farm Lane median real estate price is $196,382, which is more expensive than 52.5% of the neighborhoods in Alabama and 26.1% of the neighborhoods in the U.S.
The average rental price in Silver Hills / Old Farm Lane is currently $2,016, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.5% of the neighborhoods in Alabama.
Silver Hills / Old Farm Lane is a suburban neighborhood (based on population density) located in Prattville, Alabama.
Silver Hills / Old Farm Lane real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Silver Hills / Old Farm Lane neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Silver Hills / Old Farm Lane, 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 Silver Hills / Old Farm Lane 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 Silver Hills / Old Farm Lane 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.
The Silver Hills / Old Farm Lane neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.5% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Our research shows that more people carpool to work here in the Silver Hills / Old Farm Lane (23.3%) than in 96.1% of the neighborhoods in America.
Did you know that the Silver Hills / Old Farm Lane neighborhood has more Welsh and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Welsh ancestry and 1.6% have Lithuanian ancestry.
Silver Hills / Old Farm Lane is also pretty special linguistically. Significantly, 6.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.2% 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 Silver Hills / Old Farm Lane neighborhood in Prattville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.2% of the neighborhoods in America. In addition, 2.6% 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 73.2% 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 Silver Hills / Old Farm Lane neighborhood, 53.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.0%), and 11.5% 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 Silver Hills / Old Farm Lane neighborhood is English, spoken by 73.5% of households. Other important languages spoken here include Spanish, Korean and Tagalog (the first language of the Philippine region).
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 Silver Hills / Old Farm Lane neighborhood in Prattville, AL, residents most commonly identify their ethnicity or ancestry as English (19.3%). There are also a number of people of German ancestry (17.3%), and residents who report Mexican roots (13.2%), and some of the residents are also of Asian ancestry (11.2%), along with some Irish ancestry residents (10.6%), among others.
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 Silver Hills / Old Farm Lane neighborhood spend between 15 and 30 minutes commuting one-way to work (77.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.8%) 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 (23.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.