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Real Estate Prices & Overview

Barracks / Canterbury Hills median real estate price is $563,059, which is more expensive than 58.1% of the neighborhoods in Virginia and 63.6% of the neighborhoods in the U.S.

The average rental price in Barracks / Canterbury Hills is currently $2,662, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.2% of the neighborhoods in Virginia.

Barracks / Canterbury Hills is a suburban neighborhood (based on population density) located in Charlottesville, Virginia.

Barracks / Canterbury Hills real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 Barracks / Canterbury 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.

Real estate vacancies in Barracks / Canterbury Hills are 3.8%, which is lower than one will find in 74.9% of American neighborhoods. Demand for real estate in Barracks / Canterbury Hills 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

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 Charlottesville, the Barracks / Canterbury Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Barracks / Canterbury Hills neighborhood has more British and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have British ancestry and 1.3% have Lithuanian ancestry.

Barracks / Canterbury Hills is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.8% 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 Barracks / Canterbury Hills neighborhood in Charlottesville are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.3% of the neighborhoods in America. With 11.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.2% 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 Barracks / Canterbury Hills neighborhood, 44.6% 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 30.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 12.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Barracks / Canterbury Hills neighborhood is English, spoken by 79.5% of households. Some people also speak Spanish (9.9%).

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 Barracks / Canterbury Hills neighborhood in Charlottesville, VA, residents most commonly identify their ethnicity or ancestry as English (14.4%). There are also a number of people of Irish ancestry (14.0%), and residents who report German roots (9.9%), and some of the residents are also of Asian ancestry (7.6%), along with some British ancestry residents (6.3%), among others. In addition, 17.6% 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 Barracks / Canterbury Hills neighborhood spend under 15 minutes commuting one-way to work (52.4% of working residents), one of the shortest commutes across America.

Here most residents (75.5%) 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 (6.7%) . 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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