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Real Estate Prices & Overview

McGuire Manor / Belt Center median real estate price is $228,155, which is less expensive than 83.9% of Virginia neighborhoods and 73.6% of all U.S. neighborhoods.

The average rental price in McGuire Manor / Belt Center is currently $2,322, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.7% of Virginia neighborhoods.

McGuire Manor / Belt Center is a suburban neighborhood (based on population density) located in Richmond, Virginia.

McGuire Manor / Belt Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the McGuire Manor / Belt Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.2% in McGuire Manor / Belt Center. NeighborhoodScout analysis shows that this rate is lower than 41.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Richmond, the McGuire Manor / Belt Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the McGuire Manor / Belt Center neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Jamaican ancestry.

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 McGuire Manor / Belt Center neighborhood in Richmond are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.4% of U.S. neighborhoods. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.4% of U.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 McGuire Manor / Belt Center neighborhood, 29.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.2%), and 19.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the McGuire Manor / Belt Center neighborhood is English, spoken by 84.4% of households. Some people also speak Spanish (14.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the McGuire Manor / Belt Center neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as Jamaican (9.1%). There are also a number of people of Scottish ancestry (3.6%), and residents who report Mexican roots (3.4%), and some of the residents are also of Sub-Saharan African ancestry (2.8%), along with some African ancestry residents (2.8%), among others. In addition, 13.5% of the residents of this neighborhood were born in another country.

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 McGuire Manor / Belt Center neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.7%) 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 (18.5%) . 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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