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Real Estate Prices & Overview

Broad Rock Industrial Park / McGuire Veterans Hospital median real estate price is $268,357, which is less expensive than 76.7% of Virginia neighborhoods and 65.8% of all U.S. neighborhoods.

The average rental price in Broad Rock Industrial Park / McGuire Veterans Hospital is currently $2,200, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.9% of Virginia neighborhoods.

Broad Rock Industrial Park / McGuire Veterans Hospital is a suburban neighborhood (based on population density) located in Richmond, Virginia.

Broad Rock Industrial Park / McGuire Veterans Hospital 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 Broad Rock Industrial Park / McGuire Veterans Hospital 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 Broad Rock Industrial Park / McGuire Veterans Hospital. NeighborhoodScout analysis shows that this rate is lower than 42.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Richmond, the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

NeighborhoodScout's exclusive research revealed that 95.3% of the adult residents in the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.4% of the neighborhoods in America.

In addition, broad Rock Industrial Park / McGuire Veterans Hospital has the amazing distinction of housing more same sex couples living together than 97.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Occupations

More people work in manufacturing and as laborers here in the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood than in 95.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Jamaican ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood. More residents of the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.0% of U.S. neighborhoods. With 29.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.0% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood, 41.6% 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 33.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.1%), and 6.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood is English, spoken by 99.2% 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 Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as Jamaican (6.1%). There are also a number of people of Sub-Saharan African ancestry (5.1%), and residents who report African roots (5.1%), and some of the residents are also of English ancestry (4.6%), along with some Italian ancestry residents (2.1%), 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 Broad Rock Industrial Park / McGuire Veterans Hospital neighborhood spend between 15 and 30 minutes commuting one-way to work (62.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.2%) and 8.0% 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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