Sherwood Drive / The University of Alabama median real estate price is $219,284, which is more expensive than 53.3% of the neighborhoods in Alabama and 24.6% of the neighborhoods in the U.S.
The average rental price in Sherwood Drive / The University of Alabama is currently $1,217, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.3% of Alabama neighborhoods.
Sherwood Drive / The University of Alabama is a suburban neighborhood (based on population density) located in Tuscaloosa, Alabama.
Sherwood Drive / The University of Alabama 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Sherwood Drive / The University of Alabama neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Sherwood Drive / The University of Alabama. The current real estate vacancy rate here is 20.1%. This is higher than the rate of vacancies in 86.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (16.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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
One of the unique characteristics of the Sherwood Drive / The University of Alabama neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.6% of the neighborhoods in America. Also of note is NeighborhoodScout's research finding that the Sherwood Drive / The University of Alabama 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 Sherwood Drive / The University of Alabama community truly stands out from the rest in this regard.
In addition, neighborhoodScout's analysis shows that the Sherwood Drive / The University of Alabama neighborhood has a greater concentration of residents currently enrolled in college than 99.8% of the neighborhoods in the U.S. With 92.2% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the really interesting characteristics about the Sherwood Drive / The University of Alabama neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of Alabama.
Real Estate
99.9% of the real estate in the Sherwood Drive / The University of Alabama neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, one of the really unique and interesting things about the look and setting of the Sherwood Drive / The University of Alabama neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.2% of all neighborhoods in America.
Furthermore, the Sherwood Drive / The University of Alabama neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Sherwood Drive / The University of Alabama neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Sherwood Drive / The University of Alabama neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 71.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Modes of Transportation
More people in Sherwood Drive / The University of Alabama choose to walk to work each day (16.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Sherwood Drive / The University of Alabama neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.6% of all American neighborhoods.
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 Drive / The University of Alabama neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Drive / The University of Alabama neighborhood in Tuscaloosa are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.6% of U.S. neighborhoods. 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 Sherwood Drive / The University of Alabama neighborhood, 40.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.9%), and 10.7% in manufacturing and laborer 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 Drive / The University of Alabama neighborhood is English, spoken by 94.5% of households. Other important languages spoken here include Polish and Spanish.
Ethnicity / Ancestry
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 Sherwood Drive / The University of Alabama neighborhood in Tuscaloosa, AL, residents most commonly identify their ethnicity or ancestry as German (9.2%). There are also a number of people of Irish ancestry (7.9%), and residents who report English roots (4.0%), and some of the residents are also of South American ancestry (2.7%), along with some Mexican ancestry residents (2.0%), among others.
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 Sherwood Drive / The University of Alabama neighborhood spend under 15 minutes commuting one-way to work (71.1% of working residents), one of the shortest commutes across America.
Here most residents (68.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (16.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
