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Real Estate Prices & Overview

Thoroughgood median real estate price is $740,038, which is more expensive than 84.5% of the neighborhoods in Virginia and 85.3% of the neighborhoods in the U.S.

The average rental price in Thoroughgood is currently $3,749, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Virginia.

Thoroughgood is a suburban neighborhood (based on population density) located in Virginia Beach, Virginia.

Thoroughgood real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Thoroughgood neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Thoroughgood are 6.1%, which is lower than one will find in 60.8% of American neighborhoods. Demand for real estate in Thoroughgood 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

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 Virginia Beach, the Thoroughgood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Thoroughgood neighborhood may actually hold the key. 70.2% of its residents are married, which is a higher percentage than is found in 97.8% of the neighborhoods in America.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 37.7% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.4% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, according to NeighborhoodScout's exclusive analysis, Thoroughgood is among the best neighborhoods for families in Virginia. In fact, this neighborhood is more family-friendly than 96.4% of neighborhoods in the entire state of Virginia. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Thoroughgood neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and college students.

Occupations

With 1.7% of employed workers living in the Thoroughgood neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Thoroughgood neighborhood has more English and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.4% of this neighborhood's residents have English ancestry and 0.8% have Iranian ancestry.

Thoroughgood is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

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 Thoroughgood neighborhood in Virginia Beach 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 94.1% of the neighborhoods in America. In addition, 1.6% 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 76.7% 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 Thoroughgood neighborhood, 61.4% 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 17.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.0%), and 8.0% in clerical, assistant, and tech support 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 Thoroughgood neighborhood is English, spoken by 89.1% of households. Other important languages spoken here include French 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 Thoroughgood neighborhood in Virginia Beach, VA, residents most commonly identify their ethnicity or ancestry as English (21.4%). There are also a number of people of Irish ancestry (18.5%), and residents who report German roots (13.1%), and some of the residents are also of Asian ancestry (6.0%), along with some Polish ancestry residents (5.4%), 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 Thoroughgood neighborhood spend between 15 and 30 minutes commuting one-way to work (51.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.1%) 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 (5.6%) . 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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