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Real Estate Prices & Overview

Arlington Village median real estate price is $547,376, which is more expensive than 67.4% of the neighborhoods in Virginia and 70.9% of the neighborhoods in the U.S.

The average rental price in Arlington Village is currently $2,675, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.4% of the neighborhoods in Virginia.

Arlington Village is a densely urban neighborhood (based on population density) located in Arlington, Virginia.

Arlington Village 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 Arlington Village neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Arlington Village are 3.6%, which is lower than one will find in 76.0% of American neighborhoods. Demand for real estate in Arlington Village 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

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.

Occupations

With 4.5% of employed workers living in the Arlington Village neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.5% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

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 Arlington Village neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.7% of its workforce, this neighborhood has a greater concentration of government workers than 98.0% of U.S. neighborhoods.

Real Estate

The Arlington Village 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 90.3% 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.

People

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 76.5% of the adults living in the Arlington Village neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 96.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Diversity

Did you know that the Arlington Village neighborhood has more Yugoslav and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.5% of this neighborhood's residents have Yugoslav ancestry and 2.5% have British ancestry.

Arlington Village is also pretty special linguistically. Significantly, 5.7% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.9% 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 Arlington Village neighborhood in Arlington 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 88.5% of the neighborhoods in America. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.3% 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 Arlington Village neighborhood, 65.9% 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 16.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.9%), and 11.5% in manufacturing and laborer 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 Arlington Village neighborhood is English, spoken by 66.2% of households. Other important languages spoken here include Spanish, African languages, Arabic and Langs. of India.

Ethnicity / Ancestry

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 Arlington Village neighborhood in Arlington, VA, residents most commonly identify their ethnicity or ancestry as German (14.2%). There are also a number of people of Irish ancestry (11.9%), and residents who report Asian roots (10.1%), and some of the residents are also of Sub-Saharan African ancestry (7.3%), along with some English ancestry residents (6.1%), among others. In addition, 29.2% of the residents of this neighborhood were born in another country.

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 Arlington Village neighborhood spend between 15 and 30 minutes commuting one-way to work (39.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (9.3%) and 5.9% of residents also carpool with coworkers, friends, or neighbors 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.


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