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Real Estate Prices & Overview

Villages of Riverwood / Lakeside Woods Estates median real estate price is $445,387, which is more expensive than 75.8% of the neighborhoods in Tennessee and 60.1% of the neighborhoods in the U.S.

The average rental price in Villages of Riverwood / Lakeside Woods Estates is currently $2,572, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.8% of the neighborhoods in Tennessee.

Villages of Riverwood / Lakeside Woods Estates is a suburban neighborhood (based on population density) located in Nashville, Tennessee.

Villages of Riverwood / Lakeside Woods Estates 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Villages of Riverwood / Lakeside Woods Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Villages of Riverwood / Lakeside Woods Estates has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.5% 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

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 Nashville, the Villages of Riverwood / Lakeside Woods Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Villages of Riverwood / Lakeside Woods Estates has the amazing distinction of housing more same sex couples living together than 97.7% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Diversity

Did you know that the Villages of Riverwood / Lakeside Woods Estates neighborhood has more Brazilian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Brazilian ancestry and 0.5% have Yugoslav ancestry.

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 Villages of Riverwood / Lakeside Woods Estates neighborhood in Nashville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.4% of the neighborhoods in America. In addition, 8.8% 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 53.6% of America'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 Villages of Riverwood / Lakeside Woods Estates neighborhood, 57.0% 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 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.5%), and 8.4% in manufacturing and laborer 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 Villages of Riverwood / Lakeside Woods Estates neighborhood is English, spoken by 83.9% of households. Other important languages spoken here include Spanish and Langs. of India.

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 Villages of Riverwood / Lakeside Woods Estates neighborhood in Nashville, TN, residents most commonly identify their ethnicity or ancestry as Irish (9.5%). There are also a number of people of German ancestry (9.3%), and residents who report English roots (8.9%), and some of the residents are also of Mexican ancestry (4.1%), along with some Asian ancestry residents (3.9%), among others. In addition, 12.0% of the residents of this neighborhood were born in another country.

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 Villages of Riverwood / Lakeside Woods Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (35.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.3%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Race & Ethnic Diversity
Employment Industries & Occupations
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Crime includes:
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Schools include:
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