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Real Estate Prices & Overview

Dupont Circle East median real estate price is $360,814, which is less expensive than 91.1% of District Of Columbia neighborhoods and 56.6% of all U.S. neighborhoods.

The average rental price in Dupont Circle East is currently $2,820, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.9% of District Of Columbia neighborhoods.

Dupont Circle East is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Dupont Circle East real estate is primarily made up of small (studio to two 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 Dupont Circle East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Dupont Circle East has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Washington, the Dupont Circle East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Dupont Circle East neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, one of the most interesting things about the Dupont Circle East neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 78.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.9% of the neighborhoods in America.

Also, the rate of college educated adults in the Dupont Circle East neighborhood is a unique characteristic of the neighborhood. 92.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.8% of all U.S. neighborhoods.

Finally, for many reasons, Dupont Circle East is rated by NeighborhoodScout as one of the top 1.9% of ideal neighborhoods for first-time home buyers in the state of District Of Columbia. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other DC neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for urban sophisticates, active retirees and young, single professionals.

Real Estate

The Dupont Circle East neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 100.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, the real estate in the Dupont Circle East neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 91.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.5% of American neighborhoods.

Furthermore, the Dupont Circle East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 49,339 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Dupont Circle East neighborhood is one of the most walkable neighborhoods in America.

Occupations

Executives, managers and professionals make up 92.7% of the workforce in the Dupont Circle East neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Furthermore, 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 Dupont Circle East neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 22.1% of its workforce, this neighborhood has a greater concentration of government workers than 99.4% of U.S. neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 11.3% of residents in the Dupont Circle East neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people in Dupont Circle East choose to walk to work each day (30.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Finally, in the Dupont Circle East neighborhood, 18.5% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.3% of the neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Dupont Circle East neighborhood have a highly unusual car ownership. 57.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.

Diversity

Did you know that the Dupont Circle East neighborhood has more Eastern European and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Eastern European ancestry and 1.9% have Lebanese ancestry.

Dupont Circle East is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.5% 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 Dupont Circle East neighborhood in Washington are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.3% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Dupont Circle East neighborhood, 92.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 22.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.6%), and 3.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Dupont Circle East neighborhood is English, spoken by 71.8% of households. Other important languages spoken here include Spanish, Chinese, Japanese and French.

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 Dupont Circle East neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Irish (21.1%). There are also a number of people of Asian ancestry (19.2%), and residents who report English roots (13.0%), and some of the residents are also of German ancestry (10.8%), along with some Italian ancestry residents (6.4%), among others. In addition, 16.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Dupont Circle East neighborhood spend between 15 and 30 minutes commuting one-way to work (43.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (30.7%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (18.5%) and 11.3% of residents also bicycle for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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