Petworth Southwest median real estate price is $1,160,652, which is more expensive than 80.4% of the neighborhoods in the District Of Columbia and 93.2% of the neighborhoods in the U.S.
The average rental price in Petworth Southwest is currently $2,599, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.8% of District Of Columbia neighborhoods.
Petworth Southwest is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.
Petworth Southwest 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 occupied by a mixture of owners and renters. Many of the residences in the Petworth Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Petworth Southwest has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.5% 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
People
Of note is NeighborhoodScout's research finding that the Petworth Southwest 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 Petworth Southwest community truly stands out from the rest in this regard.
In addition, petworth Southwest has the amazing distinction of housing more same sex couples living together than 98.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Petworth Southwest neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Petworth Southwest neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
Finally, the rate of college educated adults in the Petworth Southwest neighborhood is a unique characteristic of the neighborhood. 72.8% 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 95.1% of all U.S. neighborhoods.
Modes of Transportation
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Petworth Southwest neighborhood is a fantastic option for bicycle commuters, as 7.2% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.1% of the neighborhoods in America.
Also, in the Petworth Southwest neighborhood, 21.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.4% of the neighborhoods in America.
Occupations
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 Petworth Southwest neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 18.6% of its workforce, this neighborhood has a greater concentration of government workers than 98.6% of U.S. neighborhoods.
Furthermore, the Petworth Southwest neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.1% of the neighborhoods in America. In fact, 76.3% 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.
Real Estate
If you like crowded places, then you will probably enjoy the the Petworth Southwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.4% of neighborhoods in the U.S., with 26,875 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Petworth Southwest neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Petworth Southwest neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 71.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.3% of American neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Petworth Southwest neighborhood has a highly unusual pattern of car ownership. 23.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.
Diversity
Did you know that the Petworth Southwest neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Cuban ancestry.
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 Petworth Southwest neighborhood in Washington are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.7% 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.
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 Petworth Southwest neighborhood, 76.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 18.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.4%), and 7.1% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Petworth Southwest neighborhood is English, spoken by 72.2% of households. Some people also speak Spanish (19.5%).
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 Petworth Southwest neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Irish (5.4%). There are also a number of people of Asian ancestry (4.4%), and residents who report German roots (4.2%), and some of the residents are also of Sub-Saharan African ancestry (3.6%), along with some English ancestry residents (3.5%), among others. In addition, 22.3% 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 Petworth Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (55.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (28.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.9%) and 11.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
