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Real Estate Prices & Overview

Walmsley / Deerbourne median real estate price is $348,165, which is less expensive than 65.6% of Virginia neighborhoods and 54.9% of all U.S. neighborhoods.

The average rental price in Walmsley / Deerbourne is currently $2,083, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.8% of Virginia neighborhoods.

Walmsley / Deerbourne is a suburban neighborhood (based on population density) located in Richmond, Virginia.

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

In Walmsley / Deerbourne, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 91.4% of all neighborhoods in the U.S. This means that the housing supply in Walmsley / Deerbourne is very tight compared to the demand for property here.

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 Walmsley / Deerbourne neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Walmsley / Deerbourne has the amazing distinction of housing more same sex couples living together than 97.2% 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 Walmsley / Deerbourne neighborhood than in 96.9% 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 Walmsley / Deerbourne neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have African ancestry and 10.2% have Sub-Saharan African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Walmsley / Deerbourne neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.5% of the neighborhoods in America. In addition, 2.4% 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 73.2% 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 Walmsley / Deerbourne neighborhood, 44.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 38.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.6%), and 4.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Walmsley / Deerbourne neighborhood is English, spoken by 82.7% of households. Some people also speak Spanish (15.7%).

Ethnicity / Ancestry

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 Walmsley / Deerbourne neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.2%). There are also a number of people of Mexican ancestry (6.1%), and residents who report African roots (5.7%), and some of the residents are also of German ancestry (2.6%). In addition, 15.3% of the residents of this neighborhood were born in another country.

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 Walmsley / Deerbourne neighborhood spend between 30 and 45 minutes commuting one-way to work (38.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.5%) 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 (19.1%) . 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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