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Real Estate Prices & Overview

Lynnhaven median real estate price is $278,606, which is less expensive than 74.8% of Virginia neighborhoods and 64.0% of all U.S. neighborhoods.

The average rental price in Lynnhaven is currently $1,989, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.1% of Virginia neighborhoods.

Lynnhaven is a suburban neighborhood (based on population density) located in Hampton, Virginia.

Lynnhaven real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lynnhaven 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 Lynnhaven, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.2% of all neighborhoods in the U.S. This means that the housing supply in Lynnhaven 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 Hampton, the Lynnhaven 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 Lynnhaven 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 Lynnhaven community truly stands out from the rest in this regard.

Occupations

The Lynnhaven neighborhood has a greater proportion of government workers living in it than 97.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Furthermore, with 1.5% of employed workers living in the Lynnhaven 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.

Real Estate

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 Lynnhaven neighborhood could be your paradise. With 31.4% 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 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Did you know that the Lynnhaven neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.7% of this neighborhood's residents have Jamaican ancestry.

Lynnhaven is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 96.1% 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 Lynnhaven neighborhood in Hampton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.8% 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 Lynnhaven neighborhood, 40.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.3%), and 15.3% 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 Lynnhaven neighborhood is English, spoken by 91.5% of households. Other important languages spoken here include Spanish, Vietnamese and Italian.

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 Lynnhaven neighborhood in Hampton, VA, residents most commonly identify their ethnicity or ancestry as Jamaican (11.7%). There are also a number of people of German ancestry (6.1%), and residents who report Irish roots (5.8%), and some of the residents are also of English ancestry (5.4%), along with some Puerto Rican ancestry residents (4.5%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Lynnhaven neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.8%) 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 (12.7%) . 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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