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Real Estate Prices & Overview

Reston West median real estate price is $608,341, which is more expensive than 71.5% of the neighborhoods in Virginia and 74.7% of the neighborhoods in the U.S.

The average rental price in Reston West is currently $3,151, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.2% of the neighborhoods in Virginia.

Reston West is an urban neighborhood (based on population density) located in Reston, Virginia.

Reston West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes 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 Reston West 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.

In Reston West, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.6% of all neighborhoods in the U.S. This means that the housing supply in Reston West 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 Reston, the Reston West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Reston West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Reston West community truly stands out from the rest in this regard.

In addition, the rate of college educated adults in the Reston West neighborhood is a unique characteristic of the neighborhood. 78.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.2% of all U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Reston West 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, 50.7% of the residential real estate here is classified as row houses and attached homes.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Reston West 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, 82.6% of the residential real estate here was built in this one time period.

Occupations

The Reston West neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.3% of the neighborhoods in America. In fact, 69.7% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Furthermore, with 1.4% of employed workers living in the Reston West neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Diversity

Did you know that the Reston West neighborhood has more Greek and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Greek ancestry and 2.1% have Iranian ancestry.

Reston West is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.9% 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 Reston West neighborhood in Reston 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 91.3% 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 Reston West neighborhood, 69.7% 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 clerical, assistant, and tech support occupations (9.4%), and 6.9% 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 Reston West neighborhood is English, spoken by 75.8% of households. Other important languages spoken here include Spanish, French and Langs. of India.

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 Reston West neighborhood in Reston, VA, residents most commonly identify their ethnicity or ancestry as Irish (20.6%). There are also a number of people of English ancestry (20.4%), and residents who report German roots (18.6%), and some of the residents are also of Asian ancestry (9.4%), along with some Mexican ancestry residents (6.9%), among others. In addition, 21.0% 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 Reston West neighborhood spend between 15 and 30 minutes commuting one-way to work (44.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.1%) 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 (6.9%) . 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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