Kingstowne median real estate price is $667,469, which is more expensive than 75.3% of the neighborhoods in Virginia and 77.7% of the neighborhoods in the U.S.
The average rental price in Kingstowne is currently $3,295, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.9% of the neighborhoods in Virginia.
Kingstowne is a densely urban neighborhood (based on population density) located in Alexandria, Virginia.
Kingstowne 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 Kingstowne 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.
Home and apartment vacancy rates are 7.0% in Kingstowne. NeighborhoodScout analysis shows that this rate is lower than 52.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Most neighborhoods are composed of a mixture of ages of homes, but the Kingstowne stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.0% of the residential real estate here was built in this one time period.
In addition, if you love row houses and attached homes, you will probably really like the Kingstowne 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, 38.4% of the residential real estate here is classified as row houses and attached homes.
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 Kingstowne neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.2% of its workforce, this neighborhood has a greater concentration of government workers than 98.5% of U.S. neighborhoods.
Furthermore, with 2.0% of employed workers living in the Kingstowne neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.1% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
In the Kingstowne neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 30.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Did you know that the Kingstowne neighborhood has more Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Austrian ancestry.
Kingstowne is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.
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 Kingstowne neighborhood in Alexandria 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 85.7% of the neighborhoods in America. With 12.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.4% 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 Kingstowne neighborhood, 60.7% 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 20.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.2%), and 10.6% in manufacturing and laborer 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 Kingstowne neighborhood is English, spoken by 65.0% of households. Other important languages spoken here include Spanish, Arabic, African languages and French.
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 Kingstowne neighborhood in Alexandria, VA, residents most commonly identify their ethnicity or ancestry as Asian (17.5%). There are also a number of people of English ancestry (15.5%), and residents who report Irish roots (10.2%), and some of the residents are also of German ancestry (7.6%), along with some Sub-Saharan African ancestry residents (7.4%), among others. In addition, 29.0% 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 Kingstowne neighborhood spend between 15 and 30 minutes commuting one-way to work (40.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.0%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.