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Real Estate Prices & Overview

River Pointe / West Norfolk median real estate price is $394,104, which is more expensive than 45.9% of the neighborhoods in Virginia and 53.9% of the neighborhoods in the U.S.

The average rental price in River Pointe / West Norfolk is currently $2,887, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.6% of the neighborhoods in Virginia.

River Pointe / West Norfolk is a rural neighborhood (based on population density) located in Portsmouth, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

River Pointe / West Norfolk real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the River Pointe / West Norfolk neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 9.1% in River Pointe / West Norfolk. NeighborhoodScout analysis shows that this rate is lower than 42.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The River Pointe / West Norfolk 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, River Pointe / West Norfolk 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.

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 River Pointe / West Norfolk neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 20.5% of its workforce, this neighborhood has a greater concentration of government workers than 99.1% of U.S. neighborhoods.

Furthermore, with 5.9% of employed workers living in the River Pointe / West Norfolk neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

More people in River Pointe / West Norfolk choose to walk to work each day (10.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the River Pointe / West Norfolk neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Haitian ancestry.

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 River Pointe / West Norfolk neighborhood in Portsmouth are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.4% of the neighborhoods in America. In addition, 4.6% 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 65.9% of America'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 River Pointe / West Norfolk neighborhood, 38.8% 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 28.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.9%), and 20.5% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the River Pointe / West Norfolk neighborhood is English, spoken by 93.5% of households.

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 River Pointe / West Norfolk neighborhood in Portsmouth, VA, residents most commonly identify their ethnicity or ancestry as English (10.4%). There are also a number of people of Irish ancestry (6.1%), and residents who report Asian roots (4.7%), and some of the residents are also of Italian ancestry (3.2%), along with some German ancestry residents (2.9%), among others.

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 River Pointe / West Norfolk neighborhood spend under 15 minutes commuting one-way to work (40.7% of working residents), one of the shortest commutes across America.

Here most residents (80.0%) 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 (10.7%) . 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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