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Real Estate Prices & Overview

The Grove / Sycamore Village median real estate price is $478,639, which is more expensive than 60.5% of the neighborhoods in Virginia and 66.0% of the neighborhoods in the U.S.

The average rental price in The Grove / Sycamore Village is currently $3,011, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.3% of the neighborhoods in Virginia.

The Grove / Sycamore Village is a suburban neighborhood (based on population density) located in Midlothian, Virginia.

The Grove / Sycamore Village 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 The Grove / Sycamore Village 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.

Real estate vacancies in The Grove / Sycamore Village are 4.5%, which is lower than one will find in 69.9% of American neighborhoods. Demand for real estate in The Grove / Sycamore Village is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Real Estate

One way that the The Grove / Sycamore Village neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.9% 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.

People

The The Grove / Sycamore Village neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 91.5% of Virginia neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.

Diversity

Did you know that the The Grove / Sycamore Village neighborhood has more French Canadian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have French Canadian ancestry and 20.6% have English ancestry.

The Grove / Sycamore Village is also pretty special linguistically. Significantly, 0.9% 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 96.9% of the neighborhoods in America.

The Neighbors

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 The Grove / Sycamore Village neighborhood in Midlothian 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 87.8% of the neighborhoods in America. In addition, 5.6% 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 62.8% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the The Grove / Sycamore Village neighborhood, 57.1% 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 26.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.3%), and 6.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the The Grove / Sycamore Village neighborhood is English, spoken by 94.6% 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 The Grove / Sycamore Village neighborhood in Midlothian, VA, residents most commonly identify their ethnicity or ancestry as English (20.6%). There are also a number of people of German ancestry (17.1%), and residents who report Asian roots (10.6%), and some of the residents are also of Irish ancestry (10.0%), along with some French Canadian ancestry residents (2.8%), 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 The Grove / Sycamore Village neighborhood spend between 15 and 30 minutes commuting one-way to work (60.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.1%) drive alone in a private automobile to get to work. 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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