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Real Estate Prices & Overview

Scott Addition / Stone Mill median real estate price is $174,445, which is less expensive than 89.6% of Virginia neighborhoods and 82.5% of all U.S. neighborhoods.

The average rental price in Scott Addition / Stone Mill is currently $1,413, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.2% of Virginia neighborhoods.

Scott Addition / Stone Mill is a rural neighborhood (based on population density) located in Abingdon, Virginia.

Scott Addition / Stone Mill 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 Scott Addition / Stone Mill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Scott Addition / Stone Mill has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.8% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

An interesting characteristic about the Scott Addition / Stone Mill neighborhood is that there are more incarcerated people living here than 99.0% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Diversity

Significantly, 1.8% 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 98.7% 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 Scott Addition / Stone Mill neighborhood in Abingdon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.0% of U.S. neighborhoods. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.0% of U.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 Scott Addition / Stone Mill neighborhood, 36.6% 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 34.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.2%), and 8.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Scott Addition / Stone Mill neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (3.0%).

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 Scott Addition / Stone Mill neighborhood in Abingdon, VA, residents most commonly identify their ethnicity or ancestry as English (10.5%). There are also a number of people of Irish ancestry (10.5%), and residents who report German roots (7.0%), and some of the residents are also of Italian ancestry (2.2%), along with some Asian ancestry residents (2.2%), 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 Scott Addition / Stone Mill neighborhood spend under 15 minutes commuting one-way to work (44.0% of working residents), one of the shortest commutes across America.

Here most residents (85.7%) drive alone in a private automobile to get to work. 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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