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Real Estate Prices & Overview

Cornerstone Ridge / Brighton Heights median real estate price is $425,302, which is more expensive than 91.7% of the neighborhoods in Arkansas and 61.9% of the neighborhoods in the U.S.

The average rental price in Cornerstone Ridge / Brighton Heights is currently $2,121, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.8% of the neighborhoods in Arkansas.

Cornerstone Ridge / Brighton Heights is a suburban neighborhood (based on population density) located in Bentonville, Arkansas.

Cornerstone Ridge / Brighton Heights 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 Cornerstone Ridge / Brighton Heights neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Cornerstone Ridge / Brighton Heights are 4.7%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in Cornerstone Ridge / Brighton Heights is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

People

A majority of the adults in the Cornerstone Ridge / Brighton Heights neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Arkansas by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.1% of the neighborhoods in Arkansas. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Cornerstone Ridge / Brighton Heights neighborhood's real estate landscape than 97.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 80.1% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Diversity

Did you know that the Cornerstone Ridge / Brighton Heights neighborhood has more Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Finnish ancestry.

The Neighbors

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 Cornerstone Ridge / Brighton Heights neighborhood in Bentonville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.9% of the neighborhoods in America. In addition, 3.2% 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 71.2% of America's neighborhoods.

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 Cornerstone Ridge / Brighton Heights neighborhood, 52.2% 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 24.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.8%), and 8.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cornerstone Ridge / Brighton Heights neighborhood is English, spoken by 82.6% of households. Some people also speak Spanish (8.0%).

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 Cornerstone Ridge / Brighton Heights neighborhood in Bentonville, AR, residents most commonly identify their ethnicity or ancestry as Asian (10.6%). There are also a number of people of German ancestry (9.2%), and residents who report English roots (6.6%), and some of the residents are also of Irish ancestry (5.9%), along with some Mexican ancestry residents (4.0%), among others. In addition, 11.9% of the residents of this neighborhood were born in another country.

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 Cornerstone Ridge / Brighton Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (48.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.0%) 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 (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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Public School Test Scores
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Educational Expenditures

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