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Real Estate Prices & Overview

Wood Russell / Ramblewood median real estate price is $911,062, which is more expensive than 89.9% of the neighborhoods in Virginia and 88.7% of the neighborhoods in the U.S.

The average rental price in Wood Russell / Ramblewood is currently $2,670, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.5% of the neighborhoods in Virginia.

Wood Russell / Ramblewood is an urban neighborhood (based on population density) located in Annandale, Virginia.

Wood Russell / Ramblewood real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Wood Russell / Ramblewood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.6% in Wood Russell / Ramblewood. NeighborhoodScout analysis shows that this rate is lower than 56.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Wood Russell / Ramblewood (28.1%) than in 98.4% of the neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Wood Russell / Ramblewood neighborhood has a highly unusual pattern of car ownership. 21.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.5% of U.S. neighborhoods.

Real Estate

The real estate in the Wood Russell / Ramblewood 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, 72.8% 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.

Diversity

Did you know that the Wood Russell / Ramblewood neighborhood has more South American and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.0% of this neighborhood's residents have South American ancestry and 1.4% have Lebanese ancestry.

Wood Russell / Ramblewood is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Wood Russell / Ramblewood neighborhood has a greater percentage of residents born in another country (49.5%) than are found in 97.5% of all U.S. neighborhoods.

The Neighbors

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 Wood Russell / Ramblewood neighborhood in Annandale are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.0% of the neighborhoods in America. With 20.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.1% 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 Wood Russell / Ramblewood neighborhood, 38.0% of the working population is employed in manufacturing and laborer 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 31.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.1%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

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 Wood Russell / Ramblewood neighborhood is Spanish, spoken by 56.9% of households. Other important languages spoken here include English, African languages and Vietnamese.

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 Wood Russell / Ramblewood neighborhood in Annandale, VA, residents most commonly identify their ethnicity or ancestry as South American (12.0%). There are also a number of people of Asian ancestry (10.9%), and residents who report Sub-Saharan African roots (6.4%), and some of the residents are also of Irish ancestry (2.9%), along with some Jamaican ancestry residents (2.3%), among others. In addition, 49.5% of the residents of this neighborhood were born in another country.

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 Wood Russell / Ramblewood neighborhood spend between 15 and 30 minutes commuting one-way to work (40.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.7%) 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 (28.1%) and 5.1% 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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