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Real Estate Prices & Overview

Castle Rock Farms / Sugar Loaf Farms median real estate price is $422,107, which is more expensive than 52.1% of the neighborhoods in Virginia and 58.4% of the neighborhoods in the U.S.

The average rental price in Castle Rock Farms / Sugar Loaf Farms is currently $2,789, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.0% of the neighborhoods in Virginia.

Castle Rock Farms / Sugar Loaf Farms is a suburban neighborhood (based on population density) located in Roanoke, Virginia.

Castle Rock Farms / Sugar Loaf Farms 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 Castle Rock Farms / Sugar Loaf Farms neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Castle Rock Farms / Sugar Loaf Farms are 5.3%, which is lower than one will find in 64.4% of American neighborhoods. Demand for real estate in Castle Rock Farms / Sugar Loaf Farms 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

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 Roanoke, the Castle Rock Farms / Sugar Loaf Farms neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Castle Rock Farms / Sugar Loaf Farms neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 90.0% 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 urban sophisticates.

Diversity

Did you know that the Castle Rock Farms / Sugar Loaf Farms neighborhood has more Scots-Irish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Scots-Irish ancestry and 0.4% have Yugoslav 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 Castle Rock Farms / Sugar Loaf Farms neighborhood in Roanoke are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.1% of the neighborhoods in America. In addition, 10.1% 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 50.5% 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 Castle Rock Farms / Sugar Loaf Farms neighborhood, 65.5% 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 14.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.8%), and 7.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Castle Rock Farms / Sugar Loaf Farms neighborhood is English, spoken by 88.2% of households. Some people also speak Langs. of India (2.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Castle Rock Farms / Sugar Loaf Farms neighborhood in Roanoke, VA, residents most commonly identify their ethnicity or ancestry as English (19.2%). There are also a number of people of German ancestry (16.7%), and residents who report Irish roots (11.5%), and some of the residents are also of Asian ancestry (9.0%), along with some Italian ancestry residents (7.9%), 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 Castle Rock Farms / Sugar Loaf Farms neighborhood spend between 15 and 30 minutes commuting one-way to work (52.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.7%) 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 (5.2%) . 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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