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Real Estate Prices & Overview

Bellamy Woods / Bellamy Manor East median real estate price is $455,476, which is more expensive than 52.9% of the neighborhoods in Virginia and 59.5% of the neighborhoods in the U.S.

The average rental price in Bellamy Woods / Bellamy Manor East is currently $2,693, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.2% of the neighborhoods in Virginia.

Bellamy Woods / Bellamy Manor East is a suburban neighborhood (based on population density) located in Virginia Beach, Virginia.

Bellamy Woods / Bellamy Manor East 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 Bellamy Woods / Bellamy Manor East 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 Bellamy Woods / Bellamy Manor East, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.7% of all neighborhoods in the U.S. This means that the housing supply in Bellamy Woods / Bellamy Manor East is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Bellamy Woods / Bellamy Manor East 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 Bellamy Woods / Bellamy Manor East community truly stands out from the rest in this regard.

In addition, the Bellamy Woods / Bellamy Manor East 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 8.9% 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 families with school-aged children.

Real Estate

Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Bellamy Woods / Bellamy Manor East neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.0% of all American neighborhoods.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Bellamy Woods / Bellamy Manor East stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 83.4% of the residential real estate here was built in this one time period.

Diversity

Significantly, 7.5% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.0% 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 Bellamy Woods / Bellamy Manor East neighborhood in Virginia Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.3% 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 Bellamy Woods / Bellamy Manor East neighborhood, 45.6% of the working population is employed in executive, management, and professional 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 23.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.5%), and 14.7% in clerical, assistant, and tech support occupations.

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 Bellamy Woods / Bellamy Manor East neighborhood is English, spoken by 86.2% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region) and Spanish.

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 Bellamy Woods / Bellamy Manor East neighborhood in Virginia Beach, VA, residents most commonly identify their ethnicity or ancestry as German (14.8%). There are also a number of people of English ancestry (13.9%), and residents who report Irish roots (11.4%), and some of the residents are also of Asian ancestry (10.2%), along with some Italian ancestry residents (5.8%), 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 Bellamy Woods / Bellamy Manor East neighborhood spend between 15 and 30 minutes commuting one-way to work (42.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.0%) 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 (5.3%) . 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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