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Real Estate Prices & Overview

Hopewell Marina / Kenwood median real estate price is $228,126, which is less expensive than 83.8% of Virginia neighborhoods and 73.6% of all U.S. neighborhoods.

The average rental price in Hopewell Marina / Kenwood is currently $2,394, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.5% of Virginia neighborhoods.

Hopewell Marina / Kenwood is a suburban neighborhood (based on population density) located in Hopewell, Virginia.

Hopewell Marina / Kenwood real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hopewell Marina / Kenwood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Hopewell Marina / Kenwood has a 12.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.7% 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 Hopewell, the Hopewell Marina / Kenwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

More people work in manufacturing and as laborers here in the Hopewell Marina / Kenwood neighborhood than in 96.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

The Hopewell Marina / Kenwood neighborhood is unique for having just 6.9% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.3% of America'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 Hopewell Marina / Kenwood neighborhood in Hopewell are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.4% of U.S. neighborhoods. In addition, 8.4% 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 54.7% 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 Hopewell Marina / Kenwood neighborhood, 43.3% 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 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.4%), and 12.6% in executive, management, and professional occupations.

Languages

The most common language spoken in the Hopewell Marina / Kenwood neighborhood is English, spoken by 97.7% of households.

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 Hopewell Marina / Kenwood neighborhood in Hopewell, VA, residents most commonly identify their ethnicity or ancestry as English (15.4%). There are also a number of people of German ancestry (6.7%), and residents who report Mexican roots (4.2%), and some of the residents are also of Italian ancestry (4.2%), along with some Puerto Rican ancestry residents (3.6%), among others.

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 Hopewell Marina / Kenwood neighborhood spend between 15 and 30 minutes commuting one-way to work (39.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.1%) 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 (15.2%) . 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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