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Real Estate Prices & Overview

Carriage Place / Lake Chesterfield median real estate price is $512,581, which is more expensive than 93.7% of the neighborhoods in Missouri and 70.3% of the neighborhoods in the U.S.

The average rental price in Carriage Place / Lake Chesterfield is currently $2,116, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.3% of the neighborhoods in Missouri.

Carriage Place / Lake Chesterfield is a suburban neighborhood (based on population density) located in Wildwood, Missouri.

Carriage Place / Lake Chesterfield 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 Carriage Place / Lake Chesterfield 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.

Real estate vacancies in Carriage Place / Lake Chesterfield are 4.6%, which is lower than one will find in 69.0% of American neighborhoods. Demand for real estate in Carriage Place / Lake Chesterfield 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.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Carriage Place / Lake Chesterfield 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, 84.4% of the residential real estate here was built in this one time period.

In addition, one way that the Carriage Place / Lake Chesterfield neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.6% 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.

People

The Carriage Place / Lake Chesterfield neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 93.5% of Missouri neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students, families with school-aged children and urban sophisticates.

Diversity

Did you know that the Carriage Place / Lake Chesterfield neighborhood has more Hungarian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Hungarian ancestry and 0.9% have Iranian ancestry.

Carriage Place / Lake Chesterfield is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

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 Carriage Place / Lake Chesterfield neighborhood in Wildwood 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 90.3% of the neighborhoods in America. In addition, 3.3% 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 70.5% of America's neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Carriage Place / Lake Chesterfield neighborhood, 51.8% 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 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 7.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Carriage Place / Lake Chesterfield neighborhood is English, spoken by 89.3% of households. Some people also speak Spanish (3.7%).

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 Carriage Place / Lake Chesterfield neighborhood in Wildwood, MO, residents most commonly identify their ethnicity or ancestry as German (33.5%). There are also a number of people of Irish ancestry (17.0%), and residents who report English roots (13.0%), and some of the residents are also of Italian ancestry (10.3%), along with some Asian ancestry residents (5.7%), among others.

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 Carriage Place / Lake Chesterfield neighborhood spend between 30 and 45 minutes commuting one-way to work (33.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.2%) 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.


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