W Broad St / Willow Lawn Dr median real estate price is $652,887, which is more expensive than 72.8% of the neighborhoods in Virginia and 75.2% of the neighborhoods in the U.S.
The average rental price in W Broad St / Willow Lawn Dr is currently $3,056, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.9% of the neighborhoods in Virginia.
W Broad St / Willow Lawn Dr is a suburban neighborhood (based on population density) located in Richmond, Virginia.
W Broad St / Willow Lawn Dr real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the W Broad St / Willow Lawn Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
W Broad St / Willow Lawn Dr has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.0% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
In a nation where 1 out of every 4 children lives in poverty, the W Broad St / Willow Lawn Dr neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Did you know that the W Broad St / Willow Lawn Dr neighborhood has more Belgian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Belgian ancestry and 2.4% have Hungarian ancestry.
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 W Broad St / Willow Lawn Dr neighborhood in Richmond 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 85.1% 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 W Broad St / Willow Lawn Dr neighborhood, 56.0% 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 18.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.2%), and 11.8% in clerical, assistant, and tech support occupations.
The most common language spoken in the W Broad St / Willow Lawn Dr neighborhood is English, spoken by 89.4% of households. Some people also speak Spanish (3.2%).
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 W Broad St / Willow Lawn Dr neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as English (22.3%). There are also a number of people of Irish ancestry (10.5%), and residents who report German roots (9.8%), and some of the residents are also of Sub-Saharan African ancestry (5.7%), along with some African ancestry residents (5.7%), among others.
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 W Broad St / Willow Lawn Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (54.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (69.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.3%) and 6.7% of residents also carpool with coworkers, friends, or neighbors 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.