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Real Estate Prices & Overview

River Oaks / Cherry Hill median real estate price is $695,681, which is more expensive than 73.7% of the neighborhoods in Virginia and 76.1% of the neighborhoods in the U.S.

The average rental price in River Oaks / Cherry Hill is currently $3,121, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.6% of the neighborhoods in Virginia.

River Oaks / Cherry Hill is a suburban neighborhood (based on population density) located in Woodbridge, Virginia.

River Oaks / Cherry Hill real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the River Oaks / Cherry Hill neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In River Oaks / Cherry Hill, the current vacancy rate is 1.4%, which is a lower rate of vacancies than 89.2% of all neighborhoods in the U.S. This means that the housing supply in River Oaks / Cherry Hill is very tight compared to the demand for property here.

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 Woodbridge, the River Oaks / Cherry Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.8% of America's neighborhoods are wealthier than the River Oaks / Cherry Hill neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, River Oaks / Cherry Hill also has one of the lowest ratings of child poverty in the nation.

Occupations

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 River Oaks / Cherry Hill neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 21.0% of its workforce, this neighborhood has a greater concentration of government workers than 99.2% of U.S. neighborhoods.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the River Oaks / Cherry Hill neighborhood could be your paradise. With 50.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Did you know that the River Oaks / Cherry Hill neighborhood has more Sub-Saharan African and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.4% of this neighborhood's residents have Sub-Saharan African ancestry and 1.3% have Austrian ancestry.

River Oaks / Cherry Hill is also pretty special linguistically. Significantly, 11.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 River Oaks / Cherry Hill neighborhood in Woodbridge 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 96.2% 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.

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 River Oaks / Cherry Hill neighborhood, 64.6% 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 21.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.9%), and 9.2% 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 River Oaks / Cherry Hill neighborhood is English, spoken by 66.0% of households. Other important languages spoken here include African languages, Spanish, Urdu (the national language of Pakistan) and Vietnamese.

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 River Oaks / Cherry Hill neighborhood in Woodbridge, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.4%). There are also a number of people of Puerto Rican ancestry (5.3%), and residents who report Asian roots (4.7%), and some of the residents are also of Mexican ancestry (3.9%), along with some German ancestry residents (3.7%), among others. In addition, 28.7% 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 River Oaks / Cherry Hill neighborhood spend between 45 minutes and one hour commuting one-way to work (54.6% of working residents), longer and tougher than most commutes in America.

Here most residents (59.6%) 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 (17.6%) . 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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