Kensington Ave / Thompson St median real estate prices are $297,987, which is more expensive than 70.0% of the neighborhoods in Virginia and 76.7% of the neighborhoods in the U.S.

Average rental prices in Kensington Ave / Thompson St are currently $855, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 49.2% of Virginia neighborhoods.

Kensington Ave / Thompson St is an urban neighborhood (based on population density) located in Richmond, Virginia.

Kensington Ave / Thompson St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Kensington Ave / Thompson St 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 Kensington Ave / Thompson St are 5.3%, which is lower than one will find in 70.7% of American neighborhoods. Demand for real estate in Kensington Ave / Thompson St 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.

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 Richmond, the Kensington Ave / Thompson St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 58.2%. This is a higher percent living alone than we found in 98.4% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

In addition, a unique characteristic about the people in the Kensington Ave / Thompson St neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 96.1% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for college students and urban sophisticates.

Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 59.9% of the adults living in the Kensington Ave / Thompson St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 95.4% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Kensington Ave / Thompson St neighborhood is a fantastic option for bicycle commuters, as 2.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.5% of the neighborhoods in America.

Did you know that the Kensington Ave / Thompson St neighborhood has more British and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have British ancestry and 4.3% have Scottish ancestry.

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 Kensington Ave / Thompson St neighborhood. In the Kensington Ave / Thompson St neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Kensington Ave / Thompson St neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. In addition, 5.9% 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 68.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle. In the Kensington Ave / Thompson St neighborhood, 58.5% 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 20.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.0%), and 7.5% in manufacturing and laborer occupations.

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 Kensington Ave / Thompson St neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as German (16.4%). There are also a number of people of English ancestry (15.3%) , and residents who report Irish roots (13.3%) , and some of the residents are also of Italian ancestry (5.9%) , along with some Scottish ancestry residents (4.3%), among others.

The most common language spoken in the Kensington Ave / Thompson St neighborhood is English, spoken by 91.8% of households. Some people also speak Spanish (4.3%).

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 Kensington Ave / Thompson St neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.1%) 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 (9.3%) and 6.0% 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.