Banners Corner / Collinwood median real estate price is $178,082, which is less expensive than 90.3% of Virginia neighborhoods and 82.7% of all U.S. neighborhoods.
The average rental price in Banners Corner / Collinwood is currently $1,471, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.8% of Virginia neighborhoods.
Banners Corner / Collinwood is a remote neighborhood (based on population density) located in Castlewood, Virginia.
Banners Corner / Collinwood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Banners Corner / Collinwood neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Banners Corner / Collinwood. The current real estate vacancy rate here is 17.6%. This is higher than the rate of vacancies in 83.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 38 residents per square mile, Banners Corner / Collinwood is less crowded than 91.2% of all U.S. neighborhoods. One of the notable things about Banners Corner / Collinwood is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Did you know that the Banners Corner / Collinwood neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Scots-Irish ancestry.
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 Banners Corner / Collinwood neighborhood in Castlewood are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.6% of U.S. neighborhoods. With 46.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.5% of U.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 Banners Corner / Collinwood neighborhood, 31.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.9%), and 16.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Banners Corner / Collinwood neighborhood is English, spoken by 99.5% of households.
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 Banners Corner / Collinwood neighborhood in Castlewood, VA, residents most commonly identify their ethnicity or ancestry as English (12.3%). There are also a number of people of German ancestry (8.5%), and residents who report Scots-Irish roots (3.2%), and some of the residents are also of Irish ancestry (2.8%), along with some Scottish ancestry residents (2.7%), 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 Banners Corner / Collinwood neighborhood spend between 30 and 45 minutes commuting one-way to work (28.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (80.3%) 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 (13.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.