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Real Estate Prices & Overview

Sherwood Hills / River Bottoms median real estate price is $686,003, which is more expensive than 74.7% of the neighborhoods in Utah and 79.0% of the neighborhoods in the U.S.

The average rental price in Sherwood Hills / River Bottoms is currently $1,773, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.8% of Utah neighborhoods.

Sherwood Hills / River Bottoms is a rural neighborhood (based on population density) located in Provo, Utah.

Sherwood Hills / River Bottoms real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Sherwood Hills / River Bottoms neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Sherwood Hills / River Bottoms are 4.9%, which is lower than one will find in 67.5% of American neighborhoods. Demand for real estate in Sherwood Hills / River Bottoms 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.

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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Sherwood Hills / River Bottoms neighborhood have a highly unusual car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 39.2% of the households here have four, five, or more cars. That is more cars per household than in 97.9% of the neighborhoods in the nation.

Real Estate

One way that the Sherwood Hills / River Bottoms neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

NeighborhoodScout's analysis shows that the Sherwood Hills / River Bottoms neighborhood has a greater concentration of residents currently enrolled in college than 95.7% of the neighborhoods in the U.S. With 11.8% of the population here attending college, this is very much a college-focused neighborhood.

In addition, if you're planning where to retire, the Sherwood Hills / River Bottoms neighborhood in Provo 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 UT, 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 89.8% of the neighborhoods in Utah. If you are considering retiring to Utah, this is a good neighborhood to look at.

Diversity

Did you know that the Sherwood Hills / River Bottoms neighborhood has more English and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.6% of this neighborhood's residents have English ancestry and 8.8% have Danish ancestry.

The Neighbors

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 Sherwood Hills / River Bottoms neighborhood in Provo are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.6% of the neighborhoods in America. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.5% 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 Sherwood Hills / River Bottoms neighborhood, 45.2% 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 24.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 14.2% in manufacturing and laborer 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 Sherwood Hills / River Bottoms neighborhood is English, spoken by 84.0% of households. Other important languages spoken here include Spanish and Italian.

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 Sherwood Hills / River Bottoms neighborhood in Provo, UT, residents most commonly identify their ethnicity or ancestry as English (40.6%). There are also a number of people of Danish ancestry (8.8%), and residents who report Swedish roots (7.7%), and some of the residents are also of Irish ancestry (6.5%), along with some German ancestry residents (6.1%), among others.

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 Sherwood Hills / River Bottoms neighborhood spend under 15 minutes commuting one-way to work (48.3% of working residents), one of the shortest commutes across America.

Here most residents (62.7%) 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 (13.5%) and 5.8% of residents also hop out the door and walk to work for their daily commute. 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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