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Real Estate Prices & Overview

Sherwood Drive / The University of Alabama median real estate price is $228,924, which is more expensive than 53.8% of the neighborhoods in Alabama and 24.7% of the neighborhoods in the U.S.

The average rental price in Sherwood Drive / The University of Alabama is currently $1,259, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.2% 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.

Sherwood Drive / The University of Alabama has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (15.1%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Tuscaloosa, the Sherwood Drive / The University of Alabama neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Sherwood Drive / The University of Alabama neighborhood stands out for having an average per capita income lower than 99.7% of the neighborhoods in the United States. 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, 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 0.1% of college-friendly places to live in the state of Alabama.

Also, 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 92.4% of the population here attending college, this is very much a college-focused neighborhood.

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. 78.8% 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 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Renter-occupied real estate is dominant in the Sherwood Drive / The University of Alabama neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.8%, which is higher than 99.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, the real estate in the Sherwood Drive / The University of Alabama neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 93.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.8% of American neighborhoods.

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 81.8% 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.

Modes of Transportation

More people in Sherwood Drive / The University of Alabama choose to walk to work each day (24.5%) 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

There are more people living in the Sherwood Drive / The University of Alabama neighborhood employed as sales and service workers (60.7%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Sherwood Drive / The University of Alabama neighborhood. 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 99.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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 99.7% 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, 39.3% 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.5%), and 10.9% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Sherwood Drive / The University of Alabama neighborhood is English, spoken by 96.0% of households. Some people also speak Polish (2.9%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Sherwood Drive / The University of Alabama neighborhood in Tuscaloosa, AL, residents most commonly identify their ethnicity or ancestry as Irish (9.2%). There are also a number of people of German ancestry (8.1%), and residents who report Italian roots (6.3%), and some of the residents are also of English ancestry (3.4%), along with some Mexican ancestry residents (1.4%), 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 Sherwood Drive / The University of Alabama neighborhood spend under 15 minutes commuting one-way to work (78.8% of working residents), one of the shortest commutes across America.

Here most residents (47.0%) 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 (24.5%) . 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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