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Real Estate Prices & Overview

Cedar Hills Estates / Richmond Hills median real estate price is $210,580, which is more expensive than 50.0% of the neighborhoods in Alabama and 23.2% of the neighborhoods in the U.S.

The average rental price in Cedar Hills Estates / Richmond Hills is currently $1,263, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.9% of Alabama neighborhoods.

Cedar Hills Estates / Richmond Hills is a rural neighborhood (based on population density) located in Tuscumbia, Alabama.

Cedar Hills Estates / Richmond Hills real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cedar Hills Estates / Richmond Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Cedar Hills Estates / Richmond Hills has a 13.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.8% 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

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

If you're planning where to retire, the Cedar Hills Estates / Richmond Hills neighborhood in Tuscumbia is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in AL, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.7% of the neighborhoods in Alabama. If you are considering retiring to Alabama, this is a good neighborhood to look at.

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 Cedar Hills Estates / Richmond Hills neighborhood in Tuscumbia are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.0% of U.S. neighborhoods. With 52.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Cedar Hills Estates / Richmond Hills neighborhood, 33.9% 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 32.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.9%), and 16.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cedar Hills Estates / Richmond Hills neighborhood is English, spoken by 99.6% of households.

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 Cedar Hills Estates / Richmond Hills neighborhood in Tuscumbia, AL, residents most commonly identify their ethnicity or ancestry as English (13.3%). There are also a number of people of Irish ancestry (5.4%), and residents who report Italian roots (4.4%), and some of the residents are also of German ancestry (3.8%), along with some Scottish ancestry residents (1.6%), among others.

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 Cedar Hills Estates / Richmond Hills neighborhood spend between 15 and 30 minutes commuting one-way to work (43.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (8.4%) . 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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