Heritage Greens / Fairways at South Suburban median real estate price is $1,081,153, which is more expensive than 92.0% of the neighborhoods in Colorado and 92.4% of the neighborhoods in the U.S.
The average rental price in Heritage Greens / Fairways at South Suburban is currently $5,406, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.7% of the neighborhoods in Colorado.
Heritage Greens / Fairways at South Suburban is a suburban neighborhood (based on population density) located in Centennial, Colorado.
Heritage Greens / Fairways at South Suburban real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Heritage Greens / Fairways at South Suburban 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 Heritage Greens / Fairways at South Suburban, 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 Heritage Greens / Fairways at South Suburban 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.
Real Estate
Owner-occupied real estate dominates the Heritage Greens / Fairways at South Suburban neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.6% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Heritage Greens / Fairways at South Suburban neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Heritage Greens / Fairways at South Suburban 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, 92.9% of the residential real estate here was built in this one time period.
Furthermore, one way that the Heritage Greens / Fairways at South Suburban neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.9% 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.
Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Heritage Greens / Fairways at South Suburban neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.7% of all American neighborhoods.
People
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Heritage Greens / Fairways at South Suburban neighborhood may actually hold the key. 73.1% of its residents are married, which is a higher percentage than is found in 98.3% of the neighborhoods in America.
In addition, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Heritage Greens / Fairways at South Suburban neighborhood is wealthier than 97.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
Also, the rate of college educated adults in the Heritage Greens / Fairways at South Suburban neighborhood is a unique characteristic of the neighborhood. 77.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.0% of all U.S. neighborhoods.
Finally, according to NeighborhoodScout's exclusive analysis, Heritage Greens / Fairways at South Suburban is among the best neighborhoods for families in Colorado. In fact, this neighborhood is more family-friendly than 96.6% of neighborhoods in the entire state of Colorado. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Heritage Greens / Fairways at South Suburban neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Modes of Transportation
In the Heritage Greens / Fairways at South Suburban neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Diversity
Did you know that the Heritage Greens / Fairways at South Suburban neighborhood has more Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Austrian ancestry.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Heritage Greens / Fairways at South Suburban neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.9% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Heritage Greens / Fairways at South Suburban neighborhood in Centennial 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 97.2% of the neighborhoods in America. In addition, 6.0% 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 61.4% 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 Heritage Greens / Fairways at South Suburban neighborhood, 58.9% 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 23.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.8%), and 8.6% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Heritage Greens / Fairways at South Suburban neighborhood is English, spoken by 89.8% of households. Some people also speak Spanish (2.7%).
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 Heritage Greens / Fairways at South Suburban neighborhood in Centennial, CO, residents most commonly identify their ethnicity or ancestry as German (17.9%). There are also a number of people of English ancestry (16.4%), and residents who report Irish roots (15.4%), and some of the residents are also of Asian ancestry (6.9%), along with some Italian ancestry residents (4.2%), among others.
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 Heritage Greens / Fairways at South Suburban neighborhood spend between 15 and 30 minutes commuting one-way to work (42.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.4%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
