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
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the George Washington Memorial Hwy / Commerce Cir neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 15.3% of its workforce, this
neighborhood has a greater concentration of government workers than
97.2% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the George Washington Memorial Hwy / Commerce Cir neighborhood has more
French Canadian and Scots-Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.3% of
this neighborhood's residents have French Canadian ancestry and 3.5% have Scots-Irish ancestry.
George Washington Memorial Hwy / Commerce Cir is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily
speak Gujarati, which is native to the Indian state of Gujarat, at home. While this may seem like a small percentage, it is higher
than 99.0% of the neighborhoods in America.
Notable & Unique: People
The George Washington Memorial Hwy / Commerce Cir neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 91.5% of Virginia neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.2% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the George Washington Memorial Hwy / Commerce Cir neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the George Washington Memorial Hwy / Commerce Cir stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.8% of the residential real estate here was built in this one time period.