Burgoyne Forest West / Greenwood Estates median real estate price is $715,825, which is more expensive than 85.5% of the neighborhoods in Virginia and 85.9% of the neighborhoods in the U.S.
The average rental price in Burgoyne Forest West / Greenwood Estates is currently $3,580, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.1% of the neighborhoods in Virginia.
Burgoyne Forest West / Greenwood Estates is a suburban neighborhood (based on population density) located in Springfield, Virginia.
Burgoyne Forest West / Greenwood 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 Burgoyne Forest West / Greenwood Estates 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 Burgoyne Forest West / Greenwood Estates, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 84.6% of all neighborhoods in the U.S. This means that the housing supply in Burgoyne Forest West / Greenwood Estates is very tight compared to the demand for property here.
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.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 1.8% of America's neighborhoods are wealthier than the Burgoyne Forest West / Greenwood Estates neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Burgoyne Forest West / Greenwood Estates also has one of the lowest ratings of child poverty in the nation.
In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Burgoyne Forest West / Greenwood Estates neighborhood: a neighborhood in which more "urban sophisticates" live than 98.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
Also, the rate of college educated adults in the Burgoyne Forest West / Greenwood Estates neighborhood is a unique characteristic of the neighborhood. 74.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 33.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.9% of all U.S. neighborhoods.
Most neighborhoods are composed of a mixture of ages of homes, but the Burgoyne Forest West / Greenwood Estates stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.7% of the residential real estate here was built in this one time period.
In addition, real estate in the Burgoyne Forest West / Greenwood Estates neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.4% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Furthermore, one way that the Burgoyne Forest West / Greenwood Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.9% 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.
Also of note, if you love row houses and attached homes, you will probably really like the Burgoyne Forest West / Greenwood Estates neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 24.6% of the residential real estate here is classified as row houses and attached homes.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Burgoyne Forest West / Greenwood Estates neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.
Furthermore, with 2.7% of employed workers living in the Burgoyne Forest West / Greenwood Estates neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
In addition, the Burgoyne Forest West / Greenwood Estates neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.0% of the neighborhoods in America. In fact, 72.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Did you know that the Burgoyne Forest West / Greenwood Estates neighborhood has more Danish and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Danish ancestry and 1.1% have Lithuanian ancestry.
Burgoyne Forest West / Greenwood Estates is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 98.0% of the neighborhoods in America.
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 Burgoyne Forest West / Greenwood Estates neighborhood in Springfield 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 98.2% 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.
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 Burgoyne Forest West / Greenwood Estates neighborhood, 72.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 18.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.1%), and 11.4% 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 Burgoyne Forest West / Greenwood Estates neighborhood is English, spoken by 75.9% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Korean and Vietnamese.
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 Burgoyne Forest West / Greenwood Estates neighborhood in Springfield, VA, residents most commonly identify their ethnicity or ancestry as Asian (18.6%). There are also a number of people of German ancestry (12.8%), and residents who report Irish roots (12.0%), and some of the residents are also of English ancestry (10.0%), along with some Puerto Rican ancestry residents (4.6%), among others. In addition, 18.3% of the residents of this neighborhood were born in another country.
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 Burgoyne Forest West / Greenwood Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (37.6% of working residents), longer and tougher than most commutes in America.
Here most residents (67.5%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.