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Real Estate Prices & Overview

Sherwood Park median real estate price is $255,174, which is more expensive than 63.7% of the neighborhoods in Alabama and 31.6% of the neighborhoods in the U.S.

The average rental price in Sherwood Park is currently $1,676, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.3% of the neighborhoods in Alabama.

Sherwood Park is a suburban neighborhood (based on population density) located in Huntsville, Alabama.

Sherwood Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Sherwood Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.0% in Sherwood Park. NeighborhoodScout analysis shows that this rate is lower than 59.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

NeighborhoodScout's analysis shows that the Sherwood Park neighborhood has a greater concentration of residents currently enrolled in college than 96.7% of the neighborhoods in the U.S. With 14.1% of the population here attending college, this is very much a college-focused neighborhood.

In addition, sherwood Park is ranked among the top 7.7% of neighborhoods for first-time home buyers to consider in the state of Alabama according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Sherwood Park neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.

Occupations

With 1.8% of employed workers living in the Sherwood Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Sherwood Park neighborhood has more Iranian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Iranian ancestry and 4.0% have Portuguese ancestry.

Sherwood Park is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.

Migration / Stability

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. In the Sherwood Park neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Sherwood Park neighborhood in Huntsville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.7% of U.S. neighborhoods. With 15.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.7% of U.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 Sherwood Park neighborhood, 53.4% 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 20.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.1%), and 11.1% in clerical, assistant, and tech support occupations.

Languages

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 Sherwood Park neighborhood is English, spoken by 83.2% of households. Other important languages spoken here include Spanish, Italian and Polish.

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 Sherwood Park neighborhood in Huntsville, AL, residents most commonly identify their ethnicity or ancestry as German (11.1%). There are also a number of people of Irish ancestry (11.1%), and residents who report English roots (9.5%), and some of the residents are also of Asian ancestry (6.3%), along with some Puerto Rican ancestry residents (5.4%), 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 Sherwood Park neighborhood spend between 15 and 30 minutes commuting one-way to work (54.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.2%) 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 (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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