Coleman Falls median real estate price is $420,602, which is more expensive than 59.0% of the neighborhoods in Virginia and 64.5% of the neighborhoods in the U.S.
The average rental price in Coleman Falls is currently $2,481, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.8% of the neighborhoods in Virginia.
Coleman Falls is a rural neighborhood (based on population density) located in Lynchburg, Virginia.
Coleman Falls 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 Coleman Falls 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 Coleman Falls, the current vacancy rate is 3.1%, which is a lower rate of vacancies than 80.5% of all neighborhoods in the U.S. This means that the housing supply in Coleman Falls is very tight compared to the demand for property here.
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 Lynchburg, the Coleman Falls neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Coleman Falls neighborhood may actually hold the key. 71.1% of its residents are married, which is a higher percentage than is found in 98.3% of the neighborhoods in America.
In addition, according to NeighborhoodScout's exclusive analysis, Coleman Falls is among the best neighborhoods for families in Virginia. In fact, this neighborhood is more family-friendly than 95.2% of neighborhoods in the entire state of Virginia. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Coleman Falls neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees and urban sophisticates.
Did you know that the Coleman Falls neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.6% of this neighborhood's residents have English ancestry.
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 Coleman Falls neighborhood in Lynchburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.4% of the neighborhoods in America. With 19.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.8% of U.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 Coleman Falls neighborhood, 61.9% 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 18.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.9%), and 9.7% in clerical, assistant, and tech support occupations.
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 Coleman Falls neighborhood is English, spoken by 95.9% of households. Other important languages spoken here include Italian and Spanish.
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 Coleman Falls neighborhood in Lynchburg, VA, residents most commonly identify their ethnicity or ancestry as English (20.6%). There are also a number of people of German ancestry (20.1%), and residents who report Irish roots (15.3%), and some of the residents are also of Italian ancestry (4.6%), along with some French ancestry residents (3.0%), among others.
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 Coleman Falls neighborhood spend between 15 and 30 minutes commuting one-way to work (57.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (85.4%) 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 (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.