Lake Ridge West median real estate price is $419,817, which is more expensive than 49.8% of the neighborhoods in Virginia and 56.6% of the neighborhoods in the U.S.
The average rental price in Lake Ridge West is currently $2,523, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.1% of the neighborhoods in Virginia.
Lake Ridge West is an urban neighborhood (based on population density) located in Woodbridge, Virginia.
Lake Ridge West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 Lake Ridge West 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 Lake Ridge West, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.0% of all neighborhoods in the U.S. This means that the housing supply in Lake Ridge West 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 Woodbridge, the Lake Ridge West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Most neighborhoods are composed of a mixture of ages of homes, but the Lake Ridge West 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, 91.4% of the residential real estate here was built in this one time period.
In addition, if you love row houses and attached homes, you will probably really like the Lake Ridge West 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, 40.5% of the residential real estate here is classified as row houses and attached homes.
With 2.6% of employed workers living in the Lake Ridge West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 97.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Lake Ridge West neighborhood has more Lebanese and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.4% of this neighborhood's residents have Lebanese ancestry and 8.4% have Arab ancestry.
Lake Ridge West is also pretty special linguistically. Significantly, 8.8% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
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 Lake Ridge West neighborhood in Woodbridge 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, 1.7% 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 76.2% 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 Lake Ridge West neighborhood, 46.4% 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 22.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.8%), and 15.2% 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 Lake Ridge West neighborhood is English, spoken by 70.7% of households. Other important languages spoken here include Arabic, Spanish and African languages.
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 Lake Ridge West neighborhood in Woodbridge, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.5%). There are also a number of people of Irish ancestry (13.2%), and residents who report Arab roots (8.4%), and some of the residents are also of Lebanese ancestry (7.4%), along with some German ancestry residents (6.7%), among others. In addition, 26.1% 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 Lake Ridge West neighborhood spend between 45 minutes and one hour commuting one-way to work (43.5% of working residents), longer and tougher than most commutes in America.
Here most residents (66.4%) 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 (20.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.