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Real Estate Prices & Overview

Virginia Footills South median real estate price is $648,563, which is more expensive than 88.5% of the neighborhoods in Nevada and 82.4% of the neighborhoods in the U.S.

The average rental price in Virginia Footills South is currently $4,044, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.9% of the neighborhoods in Nevada.

Virginia Footills South is an urban neighborhood (based on population density) located in Reno, Nevada.

Virginia Footills South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Virginia Footills South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Virginia Footills South are 4.5%, which is lower than one will find in 71.1% of American neighborhoods. Demand for real estate in Virginia Footills South 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

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Virginia Footills South neighborhood. A whopping 90.8% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.0% of the neighborhoods in the U.S. Everything here just feels new. 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.

In addition, one way that the Virginia Footills South neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.3% 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

A majority of the adults in the Virginia Footills South 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 Nevada by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.6% of the neighborhoods in Nevada. 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, urban sophisticates and college students.

Diversity

Did you know that the Virginia Footills South neighborhood has more Ukrainian and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Ukrainian ancestry and 2.2% have Swiss 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 Virginia Footills South neighborhood in Reno 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 94.2% of the neighborhoods in America. In addition, 8.3% 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 55.7% 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 Virginia Footills South neighborhood, 58.7% 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 14.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.7%), and 13.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Virginia Footills South neighborhood is English, spoken by 81.2% of households. Some people also speak Spanish (10.4%).

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 Virginia Footills South neighborhood in Reno, NV, residents most commonly identify their ethnicity or ancestry as English (22.4%). There are also a number of people of German ancestry (21.7%), and residents who report Irish roots (15.6%), and some of the residents are also of Mexican ancestry (8.9%), along with some Asian ancestry residents (7.0%), among others. In addition, 11.5% 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 Virginia Footills South neighborhood spend between 15 and 30 minutes commuting one-way to work (64.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.0%) 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 (7.9%) . 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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Economics & Demographics include:
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Crime includes:
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Schools include:
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