The Colonies at Wilde Lake median real estate price is $615,064, which is more expensive than 66.7% of the neighborhoods in Virginia and 70.8% of the neighborhoods in the U.S.
The average rental price in The Colonies at Wilde Lake is currently $2,626, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.6% of the neighborhoods in Virginia.
The Colonies at Wilde Lake is a suburban neighborhood (based on population density) located in Henrico, Virginia.
The Colonies at Wilde Lake real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the The Colonies at Wilde Lake 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 The Colonies at Wilde Lake are 3.0%, which is lower than one will find in 79.9% of American neighborhoods. Demand for real estate in The Colonies at Wilde Lake 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 Henrico, the The Colonies at Wilde Lake neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the The Colonies at Wilde Lake neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the The Colonies at Wilde Lake community truly stands out from the rest in this regard.
Most neighborhoods are composed of a mixture of ages of homes, but the The Colonies at Wilde Lake 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, 89.2% of the residential real estate here was built in this one time period.
In addition, if you love row houses and attached homes, you will probably really like the The Colonies at Wilde Lake 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, 29.7% of the residential real estate here is classified as row houses and attached homes.
Did you know that the The Colonies at Wilde Lake neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Eastern European ancestry.
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 The Colonies at Wilde Lake neighborhood in Henrico are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.6% 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.
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 The Colonies at Wilde Lake neighborhood, 62.4% 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 17.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.5%), and 6.8% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the The Colonies at Wilde Lake neighborhood is English, spoken by 90.2% of households. Some people also speak Langs. of India (2.6%).
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 The Colonies at Wilde Lake neighborhood in Henrico, VA, residents most commonly identify their ethnicity or ancestry as Irish (16.5%). There are also a number of people of English ancestry (13.7%), and residents who report German roots (12.5%), and some of the residents are also of Asian ancestry (11.1%), along with some Polish ancestry residents (6.5%), among others. In addition, 10.5% of the residents of this neighborhood were born in another country.
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 The Colonies at Wilde Lake neighborhood spend between 15 and 30 minutes commuting one-way to work (46.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.6%) 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 (11.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.