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Real Estate Prices & Overview

Fairview Heights median real estate price is $149,216, which is less expensive than 93.7% of Virginia neighborhoods and 87.6% of all U.S. neighborhoods.

The average rental price in Fairview Heights is currently $1,673, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.1% of Virginia neighborhoods.

Fairview Heights is a rural neighborhood (based on population density) located in Lynchburg, Virginia.

Fairview Heights 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 occupied by a mixture of owners and renters. Many of the residences in the Fairview Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Fairview Heights has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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

The Fairview Heights neighborhood has a greater percentage of children living in poverty (70.0%) than found in 98.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, there is an especially high percentage of incarcerated people (0.7%) living in the Fairview Heights neighborhood.

Occupations

With 2.5% of employed workers living in the Fairview Heights neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Fairview Heights neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 95.8% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.

In addition, neighborhoodScout's exclusive research identifies the Fairview Heights neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.0% of its working residents employed in such fields, which is a higher proportion than 95.3% of American neighborhoods.

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 Fairview Heights neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Fairview Heights neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.9% 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 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

The Neighbors

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 Fairview Heights neighborhood in Lynchburg are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.4% of U.S. neighborhoods. With 70.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Fairview Heights neighborhood, 42.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.8% 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 10.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Fairview Heights neighborhood is English, spoken by 96.1% of households.

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 Fairview Heights neighborhood in Lynchburg, VA, residents most commonly identify their ethnicity or ancestry as English (4.1%). There are also a number of people of Puerto Rican ancestry (2.1%), and residents who report German roots (2.0%), and some of the residents are also of Scots-Irish ancestry (1.7%), along with some Irish ancestry residents (1.5%), among others.

Getting to Work

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 Fairview Heights neighborhood spend under 15 minutes commuting one-way to work (57.9% of working residents), one of the shortest commutes across America.

Here most residents (68.3%) 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 (20.0%) and 7.2% of residents also ride the bus for their daily commute. 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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