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Real Estate Prices & Overview

Colonial Heights median real estate price is $332,953, which is more expensive than 35.5% of the neighborhoods in Virginia and 45.0% of the neighborhoods in the U.S.

The average rental price in Colonial Heights is currently $2,433, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.8% of Virginia neighborhoods.

Colonial Heights is a suburban neighborhood (based on population density) located in Norfolk, Virginia.

Colonial Heights real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Colonial Heights neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Colonial Heights are 3.9%, which is lower than one will find in 74.4% of American neighborhoods. Demand for real estate in Colonial Heights is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Norfolk, the Colonial Heights neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Colonial Heights neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Occupations

The Colonial Heights neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.8% 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.

Furthermore, the Colonial Heights neighborhood has a greater proportion of government workers living in it than 96.3% 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.

Diversity

Did you know that the Colonial Heights neighborhood has more Scots-Irish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Scots-Irish ancestry and 0.4% have Yugoslav ancestry.

Colonial Heights is also pretty special linguistically. Significantly, 6.7% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Colonial Heights neighborhood in Norfolk are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.4% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Colonial Heights neighborhood, 49.2% 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 22.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.7%), and 13.9% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Colonial Heights neighborhood is English, spoken by 96.8% of households. Some people also speak Italian (6.7%).

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 Colonial Heights neighborhood in Norfolk, VA, residents most commonly identify their ethnicity or ancestry as Irish (21.8%). There are also a number of people of German ancestry (21.6%), and residents who report English roots (12.4%), and some of the residents are also of Italian ancestry (5.0%), along with some Scottish ancestry residents (4.0%), among others.

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 Colonial Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (40.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.4%) 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 (14.0%) . 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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