Lake Braddock median real estate price is $708,189, which is more expensive than 77.5% of the neighborhoods in Virginia and 79.7% of the neighborhoods in the U.S.
The average rental price in Lake Braddock is currently $3,916, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.9% of the neighborhoods in Virginia.
Lake Braddock is an urban neighborhood (based on population density) located in Burke, Virginia.
Lake Braddock real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) townhomes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Lake Braddock neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Lake Braddock, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.0% of all neighborhoods in the U.S. This means that the housing supply in Lake Braddock is very tight compared to the demand for property here.
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.
In a nation where 1 out of every 4 children lives in poverty, the Lake Braddock neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Lake Braddock neighborhood could be your paradise. With 88.8% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Lake Braddock stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.9% of the residential real estate here was built in this one time period.
The Lake Braddock neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.7% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Lake Braddock neighborhood has more Arab and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Arab ancestry and 2.1% have Haitian ancestry.
Lake Braddock is also pretty special linguistically. Significantly, 8.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
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 Lake Braddock neighborhood in Burke are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Lake Braddock neighborhood, 56.2% 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 16.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.9%), and 13.2% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lake Braddock neighborhood is English, spoken by 62.0% of households. Other important languages spoken here include Spanish, Korean, Vietnamese and Arabic.
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 Lake Braddock neighborhood in Burke, VA, residents most commonly identify their ethnicity or ancestry as Asian (24.0%). There are also a number of people of German ancestry (11.0%), and residents who report English roots (6.8%), and some of the residents are also of Irish ancestry (6.6%), along with some Arab ancestry residents (5.4%), among others. In addition, 28.6% of the residents of this neighborhood were born in another country.
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 Lake Braddock neighborhood spend between 30 and 45 minutes commuting one-way to work (41.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (55.4%) 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%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.