Stafford Lakes Village median real estate price is $597,035, which is more expensive than 69.1% of the neighborhoods in Virginia and 72.7% of the neighborhoods in the U.S.
The average rental price in Stafford Lakes Village is currently $2,865, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.9% of the neighborhoods in Virginia.
Stafford Lakes Village is a rural neighborhood (based on population density) located in Fredericksburg, Virginia.
Stafford Lakes Village real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Stafford Lakes Village neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Stafford Lakes Village, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Stafford Lakes Village is very tight compared to the demand for property here.
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.
With a real estate vacancy rate of only 0.0%, the Stafford Lakes Village neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, homes built from 2000 through today make up a higher proportion of the Stafford Lakes Village neighborhood's real estate landscape than 97.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 77.9% of the residential real estate here is classified as newer.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Stafford Lakes Village neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 26.7% of its workforce, this neighborhood has a greater concentration of government workers than 99.7% of U.S. neighborhoods.
If you're nearing retirement age, or in retirement, the Stafford Lakes Village is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 10.0% of retiree-friendly neighborhoods in Virginia, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Virginia.
Significantly, 1.9% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Stafford Lakes Village neighborhood in Fredericksburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.7% of the neighborhoods in America. In addition, 3.9% 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 68.3% 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 Stafford Lakes Village neighborhood, 51.5% 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 29.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (26.7%), and 12.1% in clerical, assistant, and tech support occupations.
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 Stafford Lakes Village neighborhood is English, spoken by 85.8% of households. Other important languages spoken here include Spanish, Polish and German/Yiddish.
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 Stafford Lakes Village neighborhood in Fredericksburg, VA, residents most commonly identify their ethnicity or ancestry as German (14.8%). There are also a number of people of English ancestry (12.3%), and residents who report Irish roots (11.5%), and some of the residents are also of Italian ancestry (8.5%), along with some Mexican ancestry residents (6.6%), 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 Stafford Lakes Village neighborhood spend between 30 and 45 minutes commuting one-way to work (28.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (78.7%) 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 (10.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.