Merrimac Shores / Raleigh Terrace median real estate price is $407,887, which is more expensive than 47.4% of the neighborhoods in Virginia and 54.7% of the neighborhoods in the U.S.
The average rental price in Merrimac Shores / Raleigh Terrace is currently $1,919, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.8% of Virginia neighborhoods.
Merrimac Shores / Raleigh Terrace is a suburban neighborhood (based on population density) located in Hampton, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Merrimac Shores / Raleigh Terrace real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Merrimac Shores / Raleigh Terrace neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 6.2% in Merrimac Shores / Raleigh Terrace. NeighborhoodScout analysis shows that this rate is lower than 58.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Merrimac Shores / Raleigh Terrace neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Merrimac Shores / Raleigh Terrace is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Merrimac Shores / Raleigh Terrace is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Merrimac Shores / Raleigh Terrace neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.0% of the neighborhoods in the United States.
Of note is NeighborhoodScout's research finding that the Merrimac Shores / Raleigh Terrace 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 Merrimac Shores / Raleigh Terrace community truly stands out from the rest in this regard.
In addition, the Merrimac Shores / Raleigh Terrace neighborhood stands out within Virginia for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.6% of college-friendly places to live in VA. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.
The Merrimac Shores / Raleigh Terrace neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.8% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Merrimac Shores / Raleigh Terrace neighborhood has more Lebanese and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Lebanese ancestry and 0.4% have Yugoslav ancestry.
Merrimac Shores / Raleigh Terrace is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.
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 Merrimac Shores / Raleigh Terrace neighborhood in Hampton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.1% 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 Merrimac Shores / Raleigh Terrace neighborhood, 48.4% 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 28.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.3%), and 8.7% in government jobs, whether they are in local, state, or federal positions.
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 Merrimac Shores / Raleigh Terrace neighborhood is English, spoken by 94.8% of households. Other important languages spoken here include Polish and Spanish.
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 Merrimac Shores / Raleigh Terrace neighborhood in Hampton, VA, residents most commonly identify their ethnicity or ancestry as English (16.7%). There are also a number of people of German ancestry (10.8%), and residents who report Irish roots (9.7%), and some of the residents are also of Italian ancestry (4.3%), along with some Mexican ancestry residents (2.9%), among others.
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 Merrimac Shores / Raleigh Terrace neighborhood spend between 15 and 30 minutes commuting one-way to work (48.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.6%) 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 (5.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.