Virginia Square West median real estate price is $795,540, which is more expensive than 83.0% of the neighborhoods in Virginia and 83.7% of the neighborhoods in the U.S.
The average rental price in Virginia Square West is currently $4,049, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 92.3% of the neighborhoods in Virginia.
Virginia Square West is a densely urban neighborhood (based on population density) located in Arlington, Virginia.
Virginia Square West 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Virginia Square West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Virginia Square West has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.9% of America's neighborhoods are wealthier than the Virginia Square West neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Virginia Square West also has one of the lowest ratings of child poverty in the nation.
In addition, the rate of college educated adults in the Virginia Square West neighborhood is a unique characteristic of the neighborhood. 91.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than Ä¢¹½ÊÓÆµ found in 99.8% of all U.S. neighborhoods.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Virginia Square West neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.2% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Virginia Square West neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
A unique way of commuting is simply not to. And in the Virginia Square West neighborhood, analysis shows that 40.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.2% of the neighborhoods in the United States. One thing Ä¢¹½ÊÓÆµ's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Also, in the Virginia Square West neighborhood, 17.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, Ä¢¹½ÊÓÆµ's analysis reveals that this is a higher level of train ridership than in 97.1% of the neighborhoods in America.
Finally, in the Virginia Square West neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓÆµ's exclusive research reveals walking to and from work is the chosen way to commute for 10.3% of residents here. This is a higher proportion of walking commuters than we found in 95.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Executives, managers and professionals make up 78.8% of the workforce in the Virginia Square West neighborhood which, according to Ä¢¹½ÊÓÆµ's exclusive analysis, is a higher proportion of such high-level people than is found in 98.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, the Virginia Square West neighborhood has a greater proportion of government workers living in it than 96.5% of the neighborhoods in America, according to Ä¢¹½ÊÓÆµ's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
If you love row houses and attached homes, you will probably really like the Virginia Square West neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 28.8% of the residential real estate here is classified as row houses and attached homes.
Did you know that the Virginia Square West neighborhood has more Greek and Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Greek ancestry and 1.8% have Swiss ancestry.
Virginia Square West is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.
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 Virginia Square West neighborhood in Arlington are wealthy, making it among the 15% highest income neighborhoods in America. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 96.1% 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 Virginia Square West neighborhood, 78.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 14.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.2%), and 7.6% in clerical, assistant, and tech support occupations.
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 Virginia Square West neighborhood is English, spoken by 83.9% of households. Other important languages spoken here include Chinese, Spanish and Vietnamese.
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 Virginia Square West neighborhood in Arlington, VA, residents most commonly identify their ethnicity or ancestry as Irish (17.6%). There are also a number of people of German ancestry (16.1%), and residents who report English roots (10.9%), and some of the residents are also of Asian ancestry (10.3%), along with some Polish ancestry residents (9.1%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.
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 Virginia Square West neighborhood spend between 30 and 45 minutes commuting one-way to work (38.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (25.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.9%) and 10.3% 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.