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Real Estate Prices & Overview

Village at Oakland Springs / Burgreen Gin median real estate price is $551,597, which is more expensive than 94.4% of the neighborhoods in Alabama and 69.9% of the neighborhoods in the U.S.

The average rental price in Village at Oakland Springs / Burgreen Gin is currently $1,818, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.1% of the neighborhoods in Alabama.

Village at Oakland Springs / Burgreen Gin is a suburban neighborhood (based on population density) located in Madison, Alabama.

Village at Oakland Springs / Burgreen Gin 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 Village at Oakland Springs / Burgreen Gin neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Village at Oakland Springs / Burgreen Gin are 3.3%, which is lower than one will find in 78.3% of American neighborhoods. Demand for real estate in Village at Oakland Springs / Burgreen Gin 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.

Notable & Unique Neighborhood Characteristics

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.

People

A majority of the adults in the Village at Oakland Springs / Burgreen Gin neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Alabama by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.2% of the neighborhoods in Alabama. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.2% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Village at Oakland Springs / Burgreen Gin neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Village at Oakland Springs / Burgreen Gin neighborhood. A whopping 69.1% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.7% of the neighborhoods in the U.S. Everything here just feels new.

Diversity

Did you know that the Village at Oakland Springs / Burgreen Gin neighborhood has more Scots-Irish and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Scots-Irish ancestry and 2.3% have Greek ancestry.

Village at Oakland Springs / Burgreen Gin is also pretty special linguistically. Significantly, 1.7% 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 95.1% of the neighborhoods in America.

The Neighbors

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 Village at Oakland Springs / Burgreen Gin neighborhood in Madison 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 89.8% of the neighborhoods in America. In addition, 4.8% 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 65.4% 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 Village at Oakland Springs / Burgreen Gin neighborhood, 59.5% 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 15.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.6%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Village at Oakland Springs / Burgreen Gin neighborhood is English, spoken by 86.9% of households. Some people also speak Spanish (3.4%).

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 Village at Oakland Springs / Burgreen Gin neighborhood in Madison, AL, residents most commonly identify their ethnicity or ancestry as German (13.4%). There are also a number of people of English ancestry (10.7%), and residents who report Asian roots (9.0%), and some of the residents are also of Scots-Irish ancestry (4.8%), along with some Mexican ancestry residents (4.5%), among others. In addition, 11.1% of the residents of this neighborhood were born in another country.

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 Village at Oakland Springs / Burgreen Gin neighborhood spend between 15 and 30 minutes commuting one-way to work (56.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.5%) 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.


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