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Real Estate Prices & Overview

Legacy Woods / Timbers median real estate price is $295,915, which is less expensive than 69.3% of Virginia neighborhoods and 58.5% of all U.S. neighborhoods.

The average rental price in Legacy Woods / Timbers is currently $2,307, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.3% of Virginia neighborhoods.

Legacy Woods / Timbers is a suburban neighborhood (based on population density) located in Fredericksburg, Virginia.

Legacy Woods / Timbers 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 Legacy Woods / Timbers 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 Legacy Woods / Timbers, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 92.0% of all neighborhoods in the U.S. This means that the housing supply in Legacy Woods / Timbers is very tight compared to the demand for property here.

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 Fredericksburg, the Legacy Woods / Timbers neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Legacy Woods / Timbers neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.5% of the households here have four, five, or more cars. That is more cars per household than in 96.4% of the neighborhoods in the nation.

People

With more than 1.8% of residents living with a same sex partner, Legacy Woods / Timbers is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.3% of U.S. neighborhoods.

Real Estate

The real estate in this neighborhood consists of more mobile homes than 95.5% of all neighborhoods in America, with 31.3% of the occupied housing here being classified as mobile homes. So if you are looking for a mobile home, or you like the look and feel of mobile home parks, this neighborhood might have the setting you desire.

Diversity

Did you know that the Legacy Woods / Timbers neighborhood has more Greek and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Greek ancestry and 0.7% have Czechoslovakian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Legacy Woods / Timbers neighborhood in Fredericksburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.9% of the neighborhoods in America. In addition, 5.2% 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 64.0% 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 Legacy Woods / Timbers neighborhood, 30.2% of the working population is employed in manufacturing and laborer 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 26.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.6%), and 19.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Legacy Woods / Timbers neighborhood is English, spoken by 62.9% of households. Some people also speak Spanish (34.4%).

Ethnicity / Ancestry

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 Legacy Woods / Timbers neighborhood in Fredericksburg, VA, residents most commonly identify their ethnicity or ancestry as German (8.3%). There are also a number of people of English ancestry (7.6%), and residents who report Mexican roots (7.6%), and some of the residents are also of Irish ancestry (7.1%), along with some Greek ancestry residents (2.9%), among others. In addition, 21.1% of the residents of this neighborhood were born in another country.

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 Legacy Woods / Timbers neighborhood spend between 15 and 30 minutes commuting one-way to work (48.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.7%) 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 (18.8%) . 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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