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Real Estate Prices & Overview

Lower Central NE median real estate price is $507,266, which is less expensive than 80.8% of District Of Columbia neighborhoods and 33.3% of all U.S. neighborhoods.

The average rental price in Lower Central NE is currently $1,720, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.0% of District Of Columbia neighborhoods.

Lower Central NE is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Lower Central NE 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 Lower Central NE neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Lower Central NE has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.6% 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.

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 Washington, the Lower Central NE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

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 Lower Central NE neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 22.3% of its workforce, this neighborhood has a greater concentration of government workers than 99.4% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 27.1% of the Lower Central NE neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 95.3% of U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Lower Central NE 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, 26.9% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Lower Central NE neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have Jamaican ancestry and 6.7% have Haitian 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 Lower Central NE neighborhood in Washington are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.5% of U.S. neighborhoods. With 38.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.2% 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 Lower Central NE neighborhood, 41.0% 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 30.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (22.3%), and 16.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Lower Central NE neighborhood is English, spoken by 97.2% of households.

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 Lower Central NE neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Jamaican (12.5%). There are also a number of people of Sub-Saharan African ancestry (10.1%), and residents who report African roots (10.1%), and some of the residents are also of Haitian ancestry (6.7%).

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 Lower Central NE neighborhood spend between 30 and 45 minutes commuting one-way to work (30.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (38.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (27.1%) and 10.8% of residents also ride the bus 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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