Caroline Oaks / Townes of Orange Hunt median real estate price is $889,249, which is more expensive than 88.8% of the neighborhoods in Virginia and 87.9% of the neighborhoods in the U.S.
The average rental price in Caroline Oaks / Townes of Orange Hunt is currently $4,851, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.7% of the neighborhoods in Virginia.
Caroline Oaks / Townes of Orange Hunt is a suburban neighborhood (based on population density) located in Burke, Virginia.
Caroline Oaks / Townes of Orange Hunt real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Caroline Oaks / Townes of Orange Hunt neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Caroline Oaks / Townes of Orange Hunt, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.3% of all neighborhoods in the U.S. This means that the housing supply in Caroline Oaks / Townes of Orange Hunt is very tight compared to the demand for property here.
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 Burke, the Caroline Oaks / Townes of Orange Hunt neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Caroline Oaks / Townes of Orange Hunt neighborhood is wealthier than 98.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Caroline Oaks / Townes of Orange Hunt also has one of the lowest ratings of child poverty in the nation.
In addition, one of the really interesting characteristics about the Caroline Oaks / Townes of Orange Hunt 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 4.0% of college-friendly places to live in the state of Virginia. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates, families with school-aged children and highly educated executives.
Real Estate
Most neighborhoods are composed of a mixture of ages of homes, but the Caroline Oaks / Townes of Orange Hunt stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 97.9% of the residential real estate here was built in this one time period.
In addition, one way that the Caroline Oaks / Townes of Orange Hunt neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Caroline Oaks / Townes of Orange Hunt neighborhood could be your paradise. With 25.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Occupations
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 Caroline Oaks / Townes of Orange Hunt neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.4% of its workforce, this neighborhood has a greater concentration of government workers than 97.9% of U.S. neighborhoods.
Furthermore, with 1.9% of employed workers living in the Caroline Oaks / Townes of Orange Hunt neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.2% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Diversity
Did you know that the Caroline Oaks / Townes of Orange Hunt neighborhood has more Lithuanian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Lithuanian ancestry and 1.3% have Lebanese ancestry.
Caroline Oaks / Townes of Orange Hunt is also pretty special linguistically. Significantly, 6.1% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.0% 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 Caroline Oaks / Townes of Orange Hunt neighborhood in Burke 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 98.2% of the neighborhoods in America. 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.
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 Caroline Oaks / Townes of Orange Hunt neighborhood, 61.0% 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 18.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (16.4%), and 11.5% in clerical, assistant, and tech support 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 Caroline Oaks / Townes of Orange Hunt neighborhood is English, spoken by 77.2% of households. Other important languages spoken here include Chinese, Spanish and Polish.
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 Caroline Oaks / Townes of Orange Hunt neighborhood in Burke, VA, residents most commonly identify their ethnicity or ancestry as Asian (16.1%). There are also a number of people of German ancestry (14.5%), and residents who report English roots (11.7%), and some of the residents are also of Irish ancestry (11.6%), along with some Italian ancestry residents (8.8%), among others. In addition, 15.8% of the residents of this neighborhood were born in another country.
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 Caroline Oaks / Townes of Orange Hunt neighborhood spend between 30 and 45 minutes commuting one-way to work (35.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (69.0%) 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 (6.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
