Colonial Gardens median real estate price is $364,160, which is more expensive than 82.5% of the neighborhoods in Alabama and 49.6% of the neighborhoods in the U.S.
The average rental price in Colonial Gardens is currently $1,593, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.3% of Alabama neighborhoods.
Colonial Gardens is a rural neighborhood (based on population density) located in Meridianville, Alabama.
Colonial Gardens 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 Colonial Gardens neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Colonial Gardens, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.4% of all neighborhoods in the U.S. This means that the housing supply in Colonial Gardens is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
The Colonial Gardens neighborhood has a greater proportion of government workers living in it than 97.1% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
For many reasons, Colonial Gardens is rated by NeighborhoodScout as one of the top 4.7% of ideal neighborhoods for first-time home buyers in the state of Alabama. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other AL neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives, families with school-aged children and college students.
Did you know that the Colonial Gardens neighborhood has more Ukrainian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Ukrainian ancestry and 1.9% have Native American ancestry.
Colonial Gardens is also pretty special linguistically. Significantly, 0.9% 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 97.1% of the neighborhoods in America.
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 Colonial Gardens neighborhood in Meridianville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.7% of the neighborhoods in America. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.5% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Colonial Gardens neighborhood, 52.8% 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 22.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 15.0% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Colonial Gardens neighborhood is English, spoken by 98.3% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Colonial Gardens neighborhood in Meridianville, AL, residents most commonly identify their ethnicity or ancestry as Irish (18.0%). There are also a number of people of English ancestry (13.6%), and residents who report German roots (11.9%), and some of the residents are also of Dutch ancestry (3.3%), along with some Asian ancestry residents (2.2%), among others.
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 Colonial Gardens neighborhood spend between 15 and 30 minutes commuting one-way to work (60.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.5%) 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 (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.