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Real Estate Prices & Overview

Washington Park / Gainsboro median real estate price is $126,553, which is less expensive than 95.8% of Virginia neighborhoods and 90.7% of all U.S. neighborhoods.

The average rental price in Washington Park / Gainsboro is currently $1,305, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.4% of Virginia neighborhoods.

Washington Park / Gainsboro is a suburban neighborhood (based on population density) located in Roanoke, Virginia.

Washington Park / Gainsboro real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Washington Park / Gainsboro neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Washington Park / Gainsboro has a 13.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.1% 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 Roanoke, the Washington Park / Gainsboro neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (19.7% ride the bus) than 98.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

People

The Washington Park / Gainsboro neighborhood stands out for having an average per capita income lower than 96.6% of the neighborhoods in the United States. The Washington Park / Gainsboro neighborhood also has a greater percentage of children living in poverty (68.6%) than found in 98.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Washington Park / Gainsboro neighborhood has more single mother households than 97.2% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Also, neighborhoodScout's exclusive research revealed that 94.8% of the adult residents in the Washington Park / Gainsboro neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Washington Park / Gainsboro neighborhood has a highly unusual pattern of car ownership. 27.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.8% of U.S. neighborhoods.

Diversity

Did you know that the Washington Park / Gainsboro neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.4% of this neighborhood's residents have African ancestry and 19.5% have Sub-Saharan African ancestry.

The Neighbors

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 Washington Park / Gainsboro neighborhood in Roanoke are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.6% of U.S. neighborhoods. With 68.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.3% 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 Washington Park / Gainsboro neighborhood, 38.1% 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 26.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.4%), and 17.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Washington Park / Gainsboro neighborhood is English, spoken by 98.9% of households.

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 Washington Park / Gainsboro neighborhood in Roanoke, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (19.5%). There are also a number of people of African ancestry (16.4%), and residents who report English roots (5.8%), and some of the residents are also of Italian ancestry (2.1%).

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 Washington Park / Gainsboro neighborhood spend between 15 and 30 minutes commuting one-way to work (38.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (57.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (19.7%) and 8.6% of residents also hop out the door and walk to work 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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