menu






Real Estate Prices & Overview

Sherwood on the River / Westlake median real estate price is $588,269, which is more expensive than 72.8% of the neighborhoods in Virginia and 76.5% of the neighborhoods in the U.S.

The average rental price in Sherwood on the River / Westlake is currently $2,471, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.0% of the neighborhoods in Virginia.

Sherwood on the River / Westlake is a rural neighborhood (based on population density) located in Fredericksburg, Virginia.

Sherwood on the River / Westlake 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 Sherwood on the River / Westlake 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 Sherwood on the River / Westlake, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.6% of all neighborhoods in the U.S. This means that the housing supply in Sherwood on the River / Westlake is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the Sherwood on the River / Westlake 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 Sherwood on the River / Westlake community truly stands out from the rest in this regard.

In addition, the Sherwood on the River / Westlake neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 6.9% of family-friendly neighborhoods in the state of Virginia. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Occupations

The Sherwood on the River / Westlake neighborhood has a greater proportion of government workers living in it than 98.6% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Sherwood on the River / Westlake neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.2% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Sherwood on the River / Westlake neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 35.1% of the households here have four, five, or more cars. That is more cars per household than in 96.1% of the neighborhoods in the nation.

Real Estate

Owner-occupied real estate dominates the Sherwood on the River / Westlake neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.6% of neighborhoods in America.

Diversity

Did you know that the Sherwood on the River / Westlake neighborhood has more British and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have British ancestry and 2.7% have Eastern European ancestry.

Sherwood on the River / Westlake is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.

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 Sherwood on the River / Westlake neighborhood in Fredericksburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.0% 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.

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 Sherwood on the River / Westlake neighborhood, 52.2% 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 22.6% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.5%), and 14.0% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sherwood on the River / Westlake neighborhood is English, spoken by 87.4% of households. Other important languages spoken here include Spanish, Arabic, French and Polish.

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 Sherwood on the River / Westlake neighborhood in Fredericksburg, VA, residents most commonly identify their ethnicity or ancestry as German (21.6%). There are also a number of people of Italian ancestry (18.6%), and residents who report Irish roots (13.6%), and some of the residents are also of English ancestry (11.6%), along with some Puerto Rican ancestry residents (8.1%), 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 Sherwood on the River / Westlake neighborhood spend between 15 and 30 minutes commuting one-way to work (35.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (10.8%) who commute over an hour in each direction.

Here most residents (81.5%) 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 (12.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby