Westview Terrace median real estate price is $246,116, which is less expensive than 80.7% of Virginia neighborhoods and 70.3% of all U.S. neighborhoods.
The average rental price in Westview Terrace is currently $2,051, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.2% of Virginia neighborhoods.
Westview Terrace is a suburban neighborhood (based on population density) located in Roanoke, Virginia.
Westview Terrace real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Westview Terrace neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Westview Terrace are 5.7%, which is lower than one will find in 61.8% of American neighborhoods. Demand for real estate in Westview Terrace 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.
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.
Of note is NeighborhoodScout's research finding that the Westview Terrace neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Westview Terrace community truly stands out from the rest in this regard.
In addition, according to NeighborhoodScout's research, Westview Terrace is better suited for first-time home buyers than 86.5% of neighborhoods in the state. Most homes here are priced below the state's median house value, yet maintain comparably good appreciation rates over the last decade relative to other neighborhoods in Virginia. Along with an exclusive multi-metric measure of neighborhood quality developed by NeighborhoodScout that scores high here in this neighborhood, this means that buying into the neighborhood is not only an accessible option but considered a decent first time home buyer choice for building equity in your first home, while being in a quality neighborhood
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 Westview Terrace neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 14.4% of its workforce, this neighborhood has a greater concentration of government workers than 96.7% of U.S. neighborhoods.
Furthermore, with 1.6% of employed workers living in the Westview Terrace neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Westview Terrace neighborhood has more Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Danish ancestry.
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 Westview Terrace neighborhood in Roanoke are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.6% of U.S. neighborhoods. 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 Westview Terrace neighborhood, 28.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 22.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Westview Terrace neighborhood is English, spoken by 86.8% of households. Some people also speak Spanish (11.3%).
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 Westview Terrace neighborhood in Roanoke, VA, residents most commonly identify their ethnicity or ancestry as German (9.8%). There are also a number of people of Sub-Saharan African ancestry (8.0%), and residents who report English roots (5.8%), and some of the residents are also of Mexican ancestry (4.5%), along with some African ancestry residents (4.0%), among others.
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 Westview Terrace neighborhood spend under 15 minutes commuting one-way to work (35.0% of working residents), one of the shortest commutes across America.
Here most residents (80.5%) 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 (11.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.