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Real Estate Prices & Overview

Magnolia Ridge / Stonewall Glen median real estate price is $591,501, which is more expensive than 69.1% of the neighborhoods in Virginia and 72.6% of the neighborhoods in the U.S.

The average rental price in Magnolia Ridge / Stonewall Glen is currently $3,022, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.8% of the neighborhoods in Virginia.

Magnolia Ridge / Stonewall Glen is a suburban neighborhood (based on population density) located in Glen Allen, Virginia.

Magnolia Ridge / Stonewall Glen real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Magnolia Ridge / Stonewall Glen neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Magnolia Ridge / Stonewall Glen are 4.8%, which is lower than one will find in 66.9% of American neighborhoods. Demand for real estate in Magnolia Ridge / Stonewall Glen is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Magnolia Ridge / Stonewall Glen neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, with more than 1.8% of residents living with a same sex partner, Magnolia Ridge / Stonewall Glen is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.3% of U.S. neighborhoods.

Also, if you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Magnolia Ridge / Stonewall Glen neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 14.7% executive lifestyle neighborhoods in the state of Virginia.

Occupations

With 2.2% of employed workers living in the Magnolia Ridge / Stonewall Glen neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Magnolia Ridge / Stonewall Glen neighborhood has more Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Russian ancestry.

Magnolia Ridge / Stonewall Glen is also pretty special linguistically. Significantly, 0.2% 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 96.1% 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 Magnolia Ridge / Stonewall Glen neighborhood in Glen Allen are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.8% 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.

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 Magnolia Ridge / Stonewall Glen neighborhood, 60.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.8%), and 10.6% 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 Magnolia Ridge / Stonewall Glen neighborhood is English, spoken by 86.5% of households. Other important languages spoken here include Langs. of India and Chinese.

Ethnicity / Ancestry

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 Magnolia Ridge / Stonewall Glen neighborhood in Glen Allen, VA, residents most commonly identify their ethnicity or ancestry as English (14.2%). There are also a number of people of Asian ancestry (13.6%), and residents who report Irish roots (10.0%), and some of the residents are also of German ancestry (9.6%), along with some Russian ancestry residents (4.9%), among others. In addition, 18.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Magnolia Ridge / Stonewall Glen neighborhood spend between 15 and 30 minutes commuting one-way to work (52.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.5%) drive alone in a private automobile to get to work. 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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