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Real Estate Prices & Overview

Gregs Neighborhood East median real estate price is $565,455, which is less expensive than 73.7% of District Of Columbia neighborhoods and 27.9% of all U.S. neighborhoods.

The average rental price in Gregs Neighborhood East is currently $2,049, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.8% of District Of Columbia neighborhoods.

Gregs Neighborhood East is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Gregs Neighborhood East 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Gregs Neighborhood East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Gregs Neighborhood East has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.3% 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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (51.4% ride the bus) than 100.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, more people in Gregs Neighborhood East choose to walk to work each day (15.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

One of the most interesting things about the Gregs Neighborhood East neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 76.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.9% of the neighborhoods in America.

In addition, an extraordinary 20.6% of the residents of the Gregs Neighborhood East neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Also, of note, 63.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Finally, with a nice mix of college students, safety from crime, and decent walkability, the Gregs Neighborhood East neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.4% of the neighborhoods in DC. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Occupations

There are more people living in the Gregs Neighborhood East neighborhood employed as sales and service workers (39.1%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Gregs Neighborhood East neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.4% of its workforce, this neighborhood has a greater concentration of government workers than 98.2% of U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Gregs Neighborhood East neighborhood buck this trend. 37.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.

Real Estate

94.0% of the real estate in the Gregs Neighborhood East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, if you like crowded places, then you will probably enjoy the the Gregs Neighborhood East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,377 people per square mile living here.

Diversity

Significantly, 1.3% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 98.4% 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 Gregs Neighborhood East neighborhood in Washington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 63.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.5% 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 Gregs Neighborhood East neighborhood, 60.9% 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 33.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (17.4%), and 5.3% in clerical, assistant, and tech support occupations.

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 Gregs Neighborhood East neighborhood is English, spoken by 95.2% of households. Other important languages spoken here include Spanish 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 Gregs Neighborhood East neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as German (6.1%). There are also a number of people of Mexican ancestry (2.4%).

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 Gregs Neighborhood East neighborhood spend between 15 and 30 minutes commuting one-way to work (65.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (51.4%) ride the bus to get to work. In addition, quite a number also hop out the door and walk to work to get to work (15.1%) and 6.4% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Gregs Neighborhood East neighborhood of Washington by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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