Town Center / Pondtown median real estate price is $138,963, which is less expensive than 95.0% of Virginia neighborhoods and 89.5% of all U.S. neighborhoods.
The average rental price in Town Center / Pondtown is currently $1,353, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.3% of Virginia neighborhoods.
Town Center / Pondtown is a remote neighborhood (based on population density) located in Lebanon, Virginia.
Town Center / Pondtown real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center / Pondtown neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Town Center / Pondtown has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.1% 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.
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 Lebanon, the Town Center / Pondtown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Town Center / Pondtown neighborhood has more Scots-Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Scots-Irish 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 Town Center / Pondtown neighborhood in Lebanon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.5% of U.S. neighborhoods. In addition, 9.7% 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 51.3% 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 Town Center / Pondtown neighborhood, 39.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.5%), and 18.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Town Center / Pondtown neighborhood is English, spoken by 99.4% of households.
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 Town Center / Pondtown neighborhood in Lebanon, VA, residents most commonly identify their ethnicity or ancestry as English (11.5%). There are also a number of people of German ancestry (7.6%), and residents who report Irish roots (6.6%), and some of the residents are also of Scots-Irish ancestry (4.7%).
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 Town Center / Pondtown neighborhood spend under 15 minutes commuting one-way to work (47.7% of working residents), one of the shortest commutes across America.
Here most residents (72.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (21.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.