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Real Estate Prices & Overview

Kings Hundred / Brad Lee median real estate price is $549,030, which is more expensive than 56.3% of the neighborhoods in Virginia and 62.6% of the neighborhoods in the U.S.

The average rental price in Kings Hundred / Brad Lee is currently $2,759, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.7% of the neighborhoods in Virginia.

Kings Hundred / Brad Lee is a suburban neighborhood (based on population density) located in Alexandria, Virginia.

Kings Hundred / Brad Lee 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Kings Hundred / Brad Lee neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Kings Hundred / Brad Lee are 5.1%, which is lower than one will find in 65.8% of American neighborhoods. Demand for real estate in Kings Hundred / Brad Lee 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

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.

People

The rate of college educated adults in the Kings Hundred / Brad Lee neighborhood is a unique characteristic of the neighborhood. 74.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.8% of all U.S. neighborhoods.

Occupations

With 1.6% of employed workers living in the Kings Hundred / Brad Lee neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.4% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Kings Hundred / Brad Lee neighborhood has more Eastern European and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Eastern European ancestry and 14.1% have Sub-Saharan African ancestry.

Kings Hundred / Brad Lee is also pretty special linguistically. Significantly, 5.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

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 Kings Hundred / Brad Lee neighborhood in Alexandria are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.4% of the neighborhoods in America. In addition, 3.5% 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 69.7% 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 Kings Hundred / Brad Lee neighborhood, 68.9% 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 13.7% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (11.5%), and 9.2% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Kings Hundred / Brad Lee neighborhood is English, spoken by 74.7% of households. Other important languages spoken here include Spanish, Arabic, African languages and Langs. of India.

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 Kings Hundred / Brad Lee neighborhood in Alexandria, VA, residents most commonly identify their ethnicity or ancestry as Irish (14.3%). There are also a number of people of Sub-Saharan African ancestry (14.1%), and residents who report German roots (13.0%), and some of the residents are also of English ancestry (9.4%), along with some Italian ancestry residents (6.3%), among others. In addition, 25.2% of the residents of this neighborhood were born in another country.

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 Kings Hundred / Brad Lee neighborhood spend between 15 and 30 minutes commuting one-way to work (35.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.0%) and 6.8% 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.


Real Estate includes:
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Economics & Demographics include:
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Migration & Mobility
Race & Ethnic Diversity
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Income & Unemployment Rate
Higher Education Attainment
Crime includes:
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Schools include:
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