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Real Estate Prices & Overview

Mount Pleasant Northeast median real estate price is $964,273, which is more expensive than 64.6% of the neighborhoods in the District Of Columbia and 91.5% of the neighborhoods in the U.S.

The average rental price in Mount Pleasant Northeast is currently $2,061, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of District Of Columbia neighborhoods.

Mount Pleasant Northeast is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Mount Pleasant Northeast 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 renter occupied. Many of the residences in the Mount Pleasant Northeast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Mount Pleasant Northeast are 4.8%, which is lower than one will find in 67.9% of American neighborhoods. Demand for real estate in Mount Pleasant Northeast 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

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.

People

Of note is NeighborhoodScout's research finding that the Mount Pleasant Northeast neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Mount Pleasant Northeast community truly stands out from the rest in this regard.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Mount Pleasant Northeast neighborhood: a neighborhood in which more "urban sophisticates" live than 98.8% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Mount Pleasant Northeast neighborhood, where 46.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 98.7% of the neighborhoods in America.

Finally, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 52.6%. This is a higher percent living alone than we found in 96.9% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Mount Pleasant Northeast neighborhood is a fantastic option for bicycle commuters, as 10.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.6% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 99.1% of U.S. neighborhoods.

Finally, in the Mount Pleasant Northeast neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.6% 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 96.1% 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.

Occupations

The Mount Pleasant Northeast neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.5% of the neighborhoods in America. In fact, 82.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Furthermore, the Mount Pleasant Northeast neighborhood has a greater proportion of government workers living in it than 98.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

The Mount Pleasant Northeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,316 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Mount Pleasant Northeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, the Mount Pleasant Northeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 84.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, the real estate in the Mount Pleasant Northeast neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 72.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.5% of American neighborhoods.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Mount Pleasant Northeast neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 55.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.3% of the neighborhoods in the United States.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Mount Pleasant Northeast neighborhood buck this trend. 31.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.

Diversity

Did you know that the Mount Pleasant Northeast neighborhood has more Lithuanian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Lithuanian ancestry and 8.7% have Scottish ancestry.

Mount Pleasant Northeast is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 96.6% 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 Mount Pleasant Northeast neighborhood in Washington 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 88.5% 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 Mount Pleasant Northeast neighborhood, 82.6% 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 16.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.5%), and 6.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Mount Pleasant Northeast neighborhood is English, spoken by 73.1% of households. Some people also speak Spanish (19.7%).

Ethnicity / Ancestry

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 Mount Pleasant Northeast neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as English (14.9%). There are also a number of people of Scottish ancestry (8.7%), and residents who report German roots (7.0%), and some of the residents are also of Irish ancestry (6.4%), along with some Dominican ancestry residents (4.8%), among others. In addition, 26.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Mount Pleasant Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (59.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (23.4%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (18.1%) and 10.1% of residents also bicycle for their daily commute. The bus provides a valuable service in the Mount Pleasant Northeast neighborhood of Washington by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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