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Real Estate Prices & Overview

Fort Belvoir North median real estate price is $859,347, which is more expensive than 87.7% of the neighborhoods in Virginia and 87.1% of the neighborhoods in the U.S.

The average rental price in Fort Belvoir North is currently $3,773, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.9% of the neighborhoods in Virginia.

Fort Belvoir North is a rural neighborhood (based on population density) located in Fort Belvoir, Virginia.

Fort Belvoir North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Fort Belvoir North neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Fort Belvoir North has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.2% 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

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 Fort Belvoir, the Fort Belvoir North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

With 28.9% of employed workers living in the Fort Belvoir North neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, 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 Fort Belvoir North neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.9% of its workforce, this neighborhood has a greater concentration of government workers than 98.7% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Fort Belvoir North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.2%, which is higher than 98.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, if you love row houses and attached homes, you will probably really like the Fort Belvoir North neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 44.6% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Fort Belvoir North neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Armenian ancestry.

Fort Belvoir North is also pretty special linguistically. Significantly, 1.5% 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 98.4% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Fort Belvoir North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Fort Belvoir North neighborhood in Fort Belvoir are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.7% of the neighborhoods in America. In addition, 5.0% 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 64.5% of America'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 Fort Belvoir North neighborhood, 53.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is the military, with 28.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.7%), and 18.9% in government jobs, whether they are in local, state, or federal positions.

Languages

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 Fort Belvoir North neighborhood is English, spoken by 86.2% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Fort Belvoir North neighborhood in Fort Belvoir, VA, residents most commonly identify their ethnicity or ancestry as Asian (8.9%). There are also a number of people of German ancestry (8.3%), and residents who report Irish roots (7.6%), and some of the residents are also of English ancestry (6.0%), along with some Italian ancestry residents (6.0%), among others. In addition, 10.2% of the residents of this neighborhood were born in another country.

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 Fort Belvoir North neighborhood spend under 15 minutes commuting one-way to work (37.7% of working residents), one of the shortest commutes across America.

Here most residents (78.4%) 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 (7.9%) . 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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