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Real Estate Prices & Overview

Woods Cove / Heritage Village median real estate price is $526,275, which is more expensive than 81.8% of the neighborhoods in Delaware and 73.8% of the neighborhoods in the U.S.

The average rental price in Woods Cove / Heritage Village is currently $2,203, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.4% of Delaware neighborhoods.

Woods Cove / Heritage Village is a suburban neighborhood (based on population density) located in Lewes, Delaware.

Woods Cove / Heritage Village 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 owner occupied. Many of the residences in the Woods Cove / Heritage Village neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Woods Cove / Heritage Village. The current real estate vacancy rate here is 26.5%. This is higher than the rate of vacancies in 92.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (24.8%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Lewes, the Woods Cove / Heritage Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Woods Cove / Heritage Village 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 Woods Cove / Heritage Village community truly stands out from the rest in this regard.

In addition, woods Cove / Heritage Village has the amazing distinction of housing more same sex couples living together than 98.4% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Also, if you're nearing retirement age, or in retirement, the Woods Cove / Heritage Village is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.4% of retiree-friendly neighborhoods in Delaware, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Delaware.

Diversity

Did you know that the Woods Cove / Heritage Village neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Scots-Irish ancestry and 3.1% have British 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 Woods Cove / Heritage Village neighborhood in Lewes are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 56.9% 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 100.0% 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 Woods Cove / Heritage Village neighborhood, 40.9% 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 36.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 9.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Woods Cove / Heritage Village neighborhood is English, spoken by 96.9% of households.

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 Woods Cove / Heritage Village neighborhood in Lewes, DE, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of English ancestry (17.1%), and residents who report Irish roots (15.7%), and some of the residents are also of Italian ancestry (9.6%), along with some Polish ancestry residents (5.6%), among others.

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 Woods Cove / Heritage Village neighborhood spend between 15 and 30 minutes commuting one-way to work (57.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.1%) 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.


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