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Real Estate Prices & Overview

Prentis Park median real estate price is $245,315, which is less expensive than 80.2% of Virginia neighborhoods and 70.4% of all U.S. neighborhoods.

The average rental price in Prentis Park is currently $859, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.4% of Virginia neighborhoods.

Prentis Park is an urban neighborhood (based on population density) located in Portsmouth, Virginia.

Prentis Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Prentis Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Prentis Park has a 10.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.3% 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

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.

Occupations

There are more people living in the Prentis Park neighborhood employed as sales and service workers (51.4%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

One of the unique characteristics of the Prentis Park neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.0% of the neighborhoods in America. Also of note, 70.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Prentis Park neighborhood has more single mother households than 98.3% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Prentis Park neighborhood has a highly unusual pattern of car ownership. 39.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.1% of U.S. neighborhoods.

Modes of Transportation

In the Prentis Park 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 13.4% of residents here. This is a higher proportion of walking commuters than we found in 96.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Prentis Park neighborhood has more African and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.0% of this neighborhood's residents have African ancestry and 1.7% have Haitian ancestry.

Prentis Park is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, 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 Prentis Park neighborhood in Portsmouth are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. With 70.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Prentis Park neighborhood, 48.6% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.4%), and 9.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Prentis Park neighborhood is English, spoken by 97.5% of households. Some people also speak Urdu (the national language of Pakistan) (3.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Prentis Park neighborhood in Portsmouth, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (9.1%). There are also a number of people of African ancestry (9.0%), and residents who report Italian roots (2.9%), and some of the residents are also of Haitian ancestry (1.7%), along with some Mexican ancestry residents (1.5%), among others.

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 Prentis Park neighborhood spend between 30 and 45 minutes commuting one-way to work (48.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (50.1%) 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 (18.2%) and 13.4% 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.


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