Chestnut Fork / Gillespie median real estate price is $319,748, which is more expensive than 39.1% of the neighborhoods in Virginia and 48.1% of the neighborhoods in the U.S.
The average rental price in Chestnut Fork / Gillespie is currently $1,256, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.8% of Virginia neighborhoods.
Chestnut Fork / Gillespie is a rural neighborhood (based on population density) located in Bedford, Virginia.
Chestnut Fork / Gillespie real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Chestnut Fork / Gillespie 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.
Vacant apartments or homes are a major fact of life in Chestnut Fork / Gillespie. The current real estate vacancy rate here is 16.7%. This is higher than the rate of vacancies in 80.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
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 Chestnut Fork / Gillespie neighborhood may actually hold the key. 70.5% of its residents are married, which is a higher percentage than is found in 98.0% of the neighborhoods in America.
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 Chestnut Fork / Gillespie neighborhood in Bedford are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.9% of the neighborhoods in America. In addition, 0.7% 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 79.7% 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 Chestnut Fork / Gillespie neighborhood, 39.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.6%), and 14.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Chestnut Fork / Gillespie neighborhood is English, spoken by 93.7% of households. Some people also speak Spanish (3.2%).
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 Chestnut Fork / Gillespie neighborhood in Bedford, VA, residents most commonly identify their ethnicity or ancestry as English (15.1%). There are also a number of people of Irish ancestry (12.5%), and residents who report German roots (6.9%), and some of the residents are also of Polish ancestry (3.7%), along with some Italian ancestry residents (2.4%), 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 Chestnut Fork / Gillespie neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (86.0%) 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 (8.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.