Chincoteague Island / Town Center median real estate price is $432,326, which is more expensive than 52.2% of the neighborhoods in Virginia and 59.2% of the neighborhoods in the U.S.
The average rental price in Chincoteague Island / Town Center is currently $2,158, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.8% of Virginia neighborhoods.
Chincoteague Island / Town Center is a rural neighborhood (based on population density) located in Chincoteague, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Chincoteague Island / Town Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Chincoteague Island / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Chincoteague Island / Town Center. The current real estate vacancy rate here is 66.1%. This is higher than the rate of vacancies in 99.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (52.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 get around.
Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Chincoteague Island / Town Center neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Chincoteague Island / Town Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, despite all of the residential real estate here in the Chincoteague Island / Town Center neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 66.1%, which is higher than 99.6% of all 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 12.7% of residents in the Chincoteague Island / Town Center 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, in the Chincoteague Island / Town Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.7% of residents here. This is a higher proportion of walking commuters than we found in 96.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!
People
If you are planning to retire in Virginia, this neighborhood should be on your must-see list. For many reasons, Chincoteague Island / Town Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Virginia, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.1% of neighborhoods in VA. If a Virginia retirement is in your future, this neighborhood should be one of the places you visit.
In addition, one of the most interesting things about the Chincoteague Island / Town Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.9% 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 95.6% of the neighborhoods in America.
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 Chincoteague Island / Town Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.1% of its workforce, this neighborhood has a greater concentration of government workers than 97.7% of U.S. neighborhoods.
Diversity
Did you know that the Chincoteague Island / Town Center neighborhood has more British and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.5% of this neighborhood's residents have British ancestry and 1.9% have Canadian ancestry.
Chincoteague Island / Town Center is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.
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 Chincoteague Island / Town Center neighborhood in Chincoteague are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.9% of U.S. neighborhoods. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.7% 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 Chincoteague Island / Town Center neighborhood, 35.8% 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 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.9%), and 16.1% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Chincoteague Island / Town Center neighborhood is English, spoken by 100.0% of households. Some people also speak Polish (6.0%).
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 Chincoteague Island / Town Center neighborhood in Chincoteague, VA, residents most commonly identify their ethnicity or ancestry as Irish (17.3%). There are also a number of people of English ancestry (16.8%), and residents who report German roots (11.5%), and some of the residents are also of British ancestry (9.5%), along with some Italian ancestry residents (9.1%), among others.
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 Chincoteague Island / Town Center neighborhood spend under 15 minutes commuting one-way to work (53.2% of working residents), one of the shortest commutes across America.
Here most residents (53.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (12.7%) and 12.7% of residents also bicycle 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.
