O St SW / 4th St SW median real estate price is $408,873, which is less expensive than 85.2% of District Of Columbia neighborhoods and 51.4% of all U.S. neighborhoods.
The average rental price in O St SW / 4th St SW is currently $3,020, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.5% of District Of Columbia neighborhoods.
O St SW / 4th St SW is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.
O St SW / 4th St SW real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 O St SW / 4th St SW neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
O St SW / 4th St SW has a 14.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.6% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Executives, managers and professionals make up 86.1% of the workforce in the O St SW / 4th St SW neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Furthermore, the O St SW / 4th St SW neighborhood has a greater proportion of government workers living in it than 99.5% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
In addition, with 4.2% of employed workers living in the O St SW / 4th St SW neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
In the O St SW / 4th St SW neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 44.3% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.2% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 16.5% of the O St SW / 4th St SW neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.1% of America's neighborhoods.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 63.3%. This is a higher percent living alone than we found in 99.1% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 84.0% of the adults living in the O St SW / 4th St SW neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the O St SW / 4th St SW neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the O St SW / 4th St SW neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for first-time home buyers, active retirees and young, single professionals.
The O St SW / 4th St SW neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,165 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation's neighborhoods.
In addition, the O St SW / 4th St SW 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 84.2% 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.
Furthermore, one of the really unique and interesting things about the look and setting of the O St SW / 4th St SW neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.6% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the O St SW / 4th St SW neighborhood buck this trend. 26.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.
Did you know that the O St SW / 4th St SW neighborhood has more Romanian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Romanian ancestry and 5.4% have Brazilian ancestry.
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 O St SW / 4th St SW neighborhood in Washington 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 89.5% of the neighborhoods in America. In addition, 8.4% 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 53.4% of America'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 O St SW / 4th St SW neighborhood, 86.1% 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 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.3%), and 6.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the O St SW / 4th St SW neighborhood is English, spoken by 95.1% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the O St SW / 4th St SW neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Irish (12.5%). There are also a number of people of German ancestry (11.0%), and residents who report English roots (9.8%), and some of the residents are also of Italian ancestry (9.2%), along with some Polish ancestry residents (7.2%), among others.
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 O St SW / 4th St SW neighborhood spend between 15 and 30 minutes commuting one-way to work (49.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (27.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.5%) and 8.1% of residents also hop out the door and walk to work 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.