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Real Estate Prices & Overview

Winchester Plaza median real estate price is $407,229, which is more expensive than 86.1% of the neighborhoods in Alabama and 55.0% of the neighborhoods in the U.S.

The average rental price in Winchester Plaza is currently $1,792, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.9% of the neighborhoods in Alabama.

Winchester Plaza is a rural neighborhood (based on population density) located in Huntsville, Alabama.

Winchester Plaza real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Winchester Plaza neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Winchester Plaza, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.6% of all neighborhoods in the U.S. This means that the housing supply in Winchester Plaza is very tight compared to the demand for property here.

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 Huntsville, the Winchester Plaza neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Winchester Plaza neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, a majority of the adults in the Winchester Plaza neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Alabama by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.2% of the neighborhoods in Alabama. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and college students.

Diversity

Did you know that the Winchester Plaza neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.6% of this neighborhood's residents have Dutch ancestry.

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 Winchester Plaza neighborhood in Huntsville are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.6% of the neighborhoods in America. 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 Winchester Plaza neighborhood, 62.9% 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 16.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.8%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Winchester Plaza neighborhood is English, spoken by 94.8% of households. Some people also speak Spanish (2.9%).

Ethnicity / Ancestry

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 Winchester Plaza neighborhood in Huntsville, AL, residents most commonly identify their ethnicity or ancestry as Irish (16.8%). There are also a number of people of English ancestry (13.2%), and residents who report Dutch roots (7.6%), and some of the residents are also of German ancestry (4.9%), along with some Spanish ancestry residents (2.3%), 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 Winchester Plaza neighborhood spend between 15 and 30 minutes commuting one-way to work (59.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.0%) 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 (9.9%) . 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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