Coventry Creek / Lee's Crossing median real estate price is $546,944, which is more expensive than 62.7% of the neighborhoods in Virginia and 67.5% of the neighborhoods in the U.S.
The average rental price in Coventry Creek / Lee's Crossing is currently $2,502, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.2% of Virginia neighborhoods.
Coventry Creek / Lee's Crossing is a suburban neighborhood (based on population density) located in Fredericksburg, Virginia.
Coventry Creek / Lee's Crossing real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Coventry Creek / Lee's Crossing 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 Coventry Creek / Lee's Crossing, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.2% of all neighborhoods in the U.S. This means that the housing supply in Coventry Creek / Lee's Crossing 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 Fredericksburg, the Coventry Creek / Lee's Crossing neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Coventry Creek / Lee's Crossing neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.1% of its workforce, this neighborhood has a greater concentration of government workers than 99.0% of U.S. neighborhoods.
Furthermore, with 1.9% of employed workers living in the Coventry Creek / Lee's Crossing neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Coventry Creek / Lee's Crossing neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.6% of all neighborhoods in America.
If you love row houses and attached homes, you will probably really like the Coventry Creek / Lee's Crossing neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.4% of the residential real estate here is classified as row houses and attached homes.
Coventry Creek / Lee's Crossing is ranked among the top 6.2% of neighborhoods for first-time home buyers to consider in the state of Virginia according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Coventry Creek / Lee's Crossing neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for highly educated executives.
Did you know that the Coventry Creek / Lee's Crossing neighborhood has more Portuguese and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Portuguese ancestry and 3.9% have Jamaican ancestry.
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 Coventry Creek / Lee's Crossing neighborhood in Fredericksburg 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 90.7% of the neighborhoods in America. In addition, 1.5% 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 76.9% 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 Coventry Creek / Lee's Crossing neighborhood, 53.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 20.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.2%), and 16.2% in manufacturing and laborer occupations.
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 Coventry Creek / Lee's Crossing neighborhood is English, spoken by 85.0% of households. Other important languages spoken here include Spanish and Polish.
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 Coventry Creek / Lee's Crossing neighborhood in Fredericksburg, VA, residents most commonly identify their ethnicity or ancestry as Irish (15.6%). There are also a number of people of English ancestry (14.6%), and residents who report German roots (11.2%), and some of the residents are also of Asian ancestry (8.1%), along with some Italian ancestry residents (7.9%), among others.
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 Coventry Creek / Lee's Crossing neighborhood spend between 15 and 30 minutes commuting one-way to work (40.2% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.5%) who commute over an hour in each direction.
Here most residents (58.1%) 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 (11.0%) and 6.4% of residents also take the train 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.