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Real Estate Prices & Overview

Broyhill Crest median real estate price is $787,344, which is more expensive than 84.4% of the neighborhoods in Virginia and 85.3% of the neighborhoods in the U.S.

The average rental price in Broyhill Crest is currently $3,563, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.4% of the neighborhoods in Virginia.

Broyhill Crest is a suburban neighborhood (based on population density) located in Annandale, Virginia.

Broyhill Crest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Broyhill Crest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Broyhill Crest, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.2% of all neighborhoods in the U.S. This means that the housing supply in Broyhill Crest is very tight compared to the demand for property here.

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 Annandale, the Broyhill Crest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Broyhill Crest neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Broyhill Crest community truly stands out from the rest in this regard.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (12.3% ride the bus) than 96.1% 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.

Diversity

Did you know that the Broyhill Crest neighborhood has more South American and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.9% of this neighborhood's residents have South American ancestry and 1.1% have Iranian ancestry.

Broyhill Crest is also pretty special linguistically. Significantly, 8.4% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Broyhill Crest neighborhood has a greater percentage of residents born in another country (43.7%) than are found in 95.6% of all U.S. neighborhoods.

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 Broyhill Crest neighborhood in Annandale 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 89.1% 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 100.0% 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 Broyhill Crest neighborhood, 47.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.5%), and 13.7% 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 Broyhill Crest neighborhood is English, spoken by 41.7% of households. Other important languages spoken here include Spanish, Vietnamese, Korean and Chinese.

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 Broyhill Crest neighborhood in Annandale, VA, residents most commonly identify their ethnicity or ancestry as Asian (21.8%). There are also a number of people of Irish ancestry (11.1%), and residents who report South American roots (9.9%), and some of the residents are also of German ancestry (6.0%), along with some Polish ancestry residents (3.8%), among others. In addition, 43.7% 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 Broyhill Crest neighborhood spend between 15 and 30 minutes commuting one-way to work (42.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.5%) 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 (15.7%) and 12.3% 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.


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