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Real Estate Prices & Overview

Henry Clay Heights / Laurel Grove Estates median real estate price is $516,059, which is more expensive than 65.7% of the neighborhoods in Virginia and 70.2% of the neighborhoods in the U.S.

The average rental price in Henry Clay Heights / Laurel Grove Estates is currently $5,222, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in Virginia.

Henry Clay Heights / Laurel Grove Estates is a suburban neighborhood (based on population density) located in Mechanicsville, Virginia.

Henry Clay Heights / Laurel Grove Estates 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 Henry Clay Heights / Laurel Grove Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Henry Clay Heights / Laurel Grove Estates, the current vacancy rate is 0.2%, which is a lower rate of vacancies than 93.4% of all neighborhoods in the U.S. This means that the housing supply in Henry Clay Heights / Laurel Grove Estates is very tight compared to the demand for property here.

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.

People

Of note is NeighborhoodScout's research finding that the Henry Clay Heights / Laurel Grove Estates 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 Henry Clay Heights / Laurel Grove Estates community truly stands out from the rest in this regard.

In addition, 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 Henry Clay Heights / Laurel Grove Estates neighborhood may actually hold the key. 69.4% of its residents are married, which is a higher percentage than is found in 95.7% of the neighborhoods in America.

Also, the rate of college educated adults in the Henry Clay Heights / Laurel Grove Estates neighborhood is a unique characteristic of the neighborhood. 74.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.7% of all U.S. neighborhoods.

Finally, a majority of the adults in the Henry Clay Heights / Laurel Grove Estates 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 Virginia by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.6% of the neighborhoods in Virginia. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students, urban sophisticates and families with school-aged children.

Real Estate

One way that the Henry Clay Heights / Laurel Grove Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% 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.

Diversity

Did you know that the Henry Clay Heights / Laurel Grove Estates neighborhood has more Dutch and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Dutch ancestry and 21.1% have English ancestry.

Henry Clay Heights / Laurel Grove Estates is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.0% 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 Henry Clay Heights / Laurel Grove Estates neighborhood in Mechanicsville 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 92.9% 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.

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 Henry Clay Heights / Laurel Grove Estates neighborhood, 63.2% 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 17.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.3%), and 7.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Henry Clay Heights / Laurel Grove Estates neighborhood is English, spoken by 97.2% of households.

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 Henry Clay Heights / Laurel Grove Estates neighborhood in Mechanicsville, VA, residents most commonly identify their ethnicity or ancestry as English (21.1%). There are also a number of people of German ancestry (12.8%), and residents who report Irish roots (10.7%), and some of the residents are also of Italian ancestry (4.9%), along with some Dutch ancestry residents (4.0%), among others.

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 Henry Clay Heights / Laurel Grove Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (52.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.3%) 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 (9.5%) . 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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