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Real Estate Prices & Overview

Fort Eustis median real estate price is $241,794, which is less expensive than 80.0% of Virginia neighborhoods and 68.6% of all U.S. neighborhoods.

The average rental price in Fort Eustis is currently $2,733, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.6% of the neighborhoods in Virginia.

Fort Eustis is a rural neighborhood (based on population density) located in Newport News, Virginia.

Fort Eustis real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Fort Eustis neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Fort Eustis has a 12.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.3% 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 Newport News, the Fort Eustis neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

The Fort Eustis neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.7% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Fort Eustis neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.1% of its workforce, this neighborhood has a greater concentration of government workers than 97.2% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Fort Eustis neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Fort Eustis neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

99.6% of the real estate in the Fort Eustis neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, if you love row houses and attached homes, you will probably really like the Fort Eustis neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 52.7% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

More people in Fort Eustis choose to walk to work each day (16.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Fort Eustis neighborhood. In the Fort Eustis neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Fort Eustis neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have Brazilian ancestry.

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 Fort Eustis neighborhood in Newport News are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.5% of the neighborhoods in America. With 14.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Fort Eustis neighborhood, 27.5% 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 27.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.9%), and 19.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Fort Eustis neighborhood is English, spoken by 87.4% of households. Some people also speak Spanish (8.0%).

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 Fort Eustis neighborhood in Newport News, VA, residents most commonly identify their ethnicity or ancestry as Mexican (10.4%). There are also a number of people of Puerto Rican ancestry (7.6%), and residents who report Irish roots (6.7%), and some of the residents are also of German ancestry (6.5%), along with some Asian ancestry residents (4.1%), among others.

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 Fort Eustis neighborhood spend under 15 minutes commuting one-way to work (78.3% of working residents), one of the shortest commutes across America.

Here most residents (52.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (16.6%) and 15.4% 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.


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