Fairway Forest Estates / Woodbridge median real estate price is $421,179, which is more expensive than 61.8% of the neighborhoods in Virginia and 66.3% of the neighborhoods in the U.S.
The average rental price in Fairway Forest Estates / Woodbridge is currently $1,745, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.5% of Virginia neighborhoods.
Fairway Forest Estates / Woodbridge is a suburban neighborhood (based on population density) located in Salem, Virginia.
Fairway Forest Estates / Woodbridge real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Fairway Forest Estates / Woodbridge 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 Fairway Forest Estates / Woodbridge are 3.4%, which is lower than one will find in 78.6% of American neighborhoods. Demand for real estate in Fairway Forest Estates / Woodbridge 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.
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 Salem, the Fairway Forest Estates / Woodbridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Fairway Forest Estates / Woodbridge neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, according to NeighborhoodScout's exclusive analysis, Fairway Forest Estates / Woodbridge is among the best neighborhoods for families in Virginia. In fact, this neighborhood is more family-friendly than 96.9% 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 Fairway Forest Estates / Woodbridge 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.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Fairway Forest Estates / Woodbridge neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.2% of all American neighborhoods.
In addition, owner-occupied real estate dominates the Fairway Forest Estates / Woodbridge neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.8% of neighborhoods in America.
Did you know that the Fairway Forest Estates / Woodbridge neighborhood has more Welsh and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Welsh ancestry and 1.2% have Lithuanian ancestry.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Fairway Forest Estates / Woodbridge neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Fairway Forest Estates / Woodbridge neighborhood in Salem are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.9% 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 Fairway Forest Estates / Woodbridge neighborhood, 52.9% 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 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.9%), and 10.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Fairway Forest Estates / Woodbridge neighborhood is English, spoken by 96.1% of households.
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 Fairway Forest Estates / Woodbridge neighborhood in Salem, VA, residents most commonly identify their ethnicity or ancestry as English (19.6%). There are also a number of people of German ancestry (14.5%), and residents who report Irish roots (9.7%), and some of the residents are also of Italian ancestry (5.7%), along with some Asian ancestry residents (4.3%), 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 Fairway Forest Estates / Woodbridge neighborhood spend between 15 and 30 minutes commuting one-way to work (51.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.2%) 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.