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Real Estate Prices & Overview

Big Spring / Hamburg median real estate price is $261,910, which is less expensive than 72.5% of Virginia neighborhoods and 61.3% of all U.S. neighborhoods.

The average rental price in Big Spring / Hamburg is currently $1,653, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.6% of Virginia neighborhoods.

Big Spring / Hamburg is a rural neighborhood (based on population density) located in Luray, Virginia.

Big Spring / Hamburg real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Big Spring / Hamburg neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Big Spring / Hamburg. The current real estate vacancy rate here is 24.6%. This is higher than the rate of vacancies in 90.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (13.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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 Luray, the Big Spring / Hamburg neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

There is an especially high percentage of incarcerated people (1.4%) living in the Big Spring / Hamburg neighborhood.

In addition, if you're planning where to retire, the Big Spring / Hamburg neighborhood in Luray is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in VA, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.9% of the neighborhoods in Virginia. If you are considering retiring to Virginia, this is a good neighborhood to look at.

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 Big Spring / Hamburg neighborhood in Luray are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.8% of U.S. neighborhoods. With 13.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.8% of U.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 Big Spring / Hamburg neighborhood, 29.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.7%), and 19.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Big Spring / Hamburg neighborhood is English, spoken by 97.1% of households.

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 Big Spring / Hamburg neighborhood in Luray, VA, residents most commonly identify their ethnicity or ancestry as German (21.0%). There are also a number of people of English ancestry (16.6%), and residents who report Irish roots (10.4%), and some of the residents are also of Italian ancestry (2.8%), along with some Scottish ancestry residents (2.4%), 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 Big Spring / Hamburg neighborhood spend under 15 minutes commuting one-way to work (37.2% of working residents), one of the shortest commutes across America.

Here most residents (80.7%) 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 (13.6%) . 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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