Real Estate Prices and Overview
Rosemont median real estate prices are $762,518, which is more expensive than 98.2% of the neighborhoods
in Virginia and 97.7% of the
neighborhoods in the U.S.
Average rental prices in Rosemont are currently
$1,825, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.8%
of the neighborhoods in Virginia.
Rosemont is an urban neighborhood (based on population
density) located in Alexandria, Virginia.
Rosemont real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Rosemont 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 1940 and 1969.
Real estate vacancies in Rosemont are 5.5%,
which is lower than one will find in 73.4% of American
neighborhoods. Demand for real estate in Rosemont
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
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 Alexandria,
the Rosemont neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Rosemont neighborhood is wealthier than 99.0%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
As one would expect in a considerably wealthy neighborhood such as this,
Rosemont also has one of the lowest ratings of child
poverty in the nation.
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 Rosemont neighborhood: a neighborhood in which more
"urban sophisticates" live than 99.7% 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.
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for highly educated executives and active retirees.
Also, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 40.9% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
98.6% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Finally, Rosemont has the amazing distinction of housing more same
sex couples living together than 97.1% of neighborhoods
in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's
analysis shows that this is one place that you should consider.
Notable & Unique: Occupations
The Rosemont neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
99.5% of the neighborhoods in American. In fact, 76.7%
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 Rosemont neighborhood has a greater proportion of
government workers living in it than 97.8% 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.
Notable & Unique: Diversity
Did you know that the Rosemont neighborhood has more
Scottish and Welsh ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.7% of
this neighborhood's residents have Scottish ancestry and 1.7% have Welsh ancestry.
Notable & Unique: Modes of Transportation
In the Rosemont neighborhood, 29.5% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 97.5% of the
neighborhoods in America.
The Neighbors: Income
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 Rosemont neighborhood in Alexandria 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 99.0% 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 99.9%
of America's neighborhoods.
The Neighbors: Occupations
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 Rosemont neighborhood, 76.7%
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 16.9% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(15.3%), and 6.0% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Rosemont neighborhood in Alexandria, VA, residents
most commonly identify their ethnicity or ancestry as German
(13.4%). There are also a number of people of Irish ancestry (11.6%) , and residents who report English roots (7.8%) , and some of the residents are also of Scottish ancestry (5.7%) , along with some Italian ancestry residents (4.9%), among others.
The Neighbors: Languages
The most common language spoken in the Rosemont
neighborhood is English, spoken by 93.1% of households. Some people also speak Spanish (3.4%).
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 Rosemont neighborhood spend
between 30 and 45 minutes commuting one-way to work (37.4% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (58.9%) drive alone in a private automobile to get to work.
In addition, quite a number also take the train to get to work (29.5%) and 7.5% 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.