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Real Estate Prices & Overview

Cleopus / Factory Hill median real estate price is $432,326, which is more expensive than 50.0% of the neighborhoods in Virginia and 57.6% of the neighborhoods in the U.S.

The average rental price in Cleopus / Factory Hill is currently $1,625, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.4% of Virginia neighborhoods.

Cleopus / Factory Hill is a remote neighborhood (based on population density) located in Suffolk, Virginia.

Cleopus / Factory Hill 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 Cleopus / Factory Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Cleopus / Factory Hill, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.4% of all neighborhoods in the U.S. This means that the housing supply in Cleopus / Factory Hill is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Suffolk, the Cleopus / Factory Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Cleopus / Factory Hill neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.2% of all American neighborhoods.

In addition, unpopulated, and rural, the Cleopus / Factory Hill neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to NeighborhoodScout's leading research, this neighborhood is less densely populated than 92.5% of the neighborhoods in America.

Occupations

With 1.4% of employed workers living in the Cleopus / Factory Hill neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Cleopus / Factory Hill neighborhood has more African and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.9% of this neighborhood's residents have African ancestry and 1.3% have Finnish ancestry.

Cleopus / Factory Hill is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.

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 Cleopus / Factory Hill neighborhood in Suffolk are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.3% of the neighborhoods in America. With 22.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.7% of U.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 Cleopus / Factory Hill neighborhood, 33.6% 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 executive, management, and professional occupations, with 29.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.0%), and 15.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cleopus / Factory Hill neighborhood is English, spoken by 97.0% of households. Some people also speak Italian (3.8%).

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 Cleopus / Factory Hill neighborhood in Suffolk, VA, residents most commonly identify their ethnicity or ancestry as English (13.8%). There are also a number of people of Irish ancestry (11.7%), and residents who report Sub-Saharan African roots (8.9%), and some of the residents are also of African ancestry (8.9%), along with some Italian ancestry residents (3.7%), 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 Cleopus / Factory Hill neighborhood spend between 45 minutes and one hour commuting one-way to work (52.5% of working residents), longer and tougher than most commutes in America.

Here most residents (83.4%) 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 (7.4%) . 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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