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Real Estate Prices & Overview

Independence Ave SE / 9th St SE median real estate price is $1,207,844, which is more expensive than 84.9% of the neighborhoods in the District Of Columbia and 94.3% of the neighborhoods in the U.S.

The average rental price in Independence Ave SE / 9th St SE is currently $2,820, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.4% of the neighborhoods in the District Of Columbia.

Independence Ave SE / 9th St SE is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Independence Ave SE / 9th St SE real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 Independence Ave SE / 9th St SE 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.

In Independence Ave SE / 9th St SE, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.6% of all neighborhoods in the U.S. This means that the housing supply in Independence Ave SE / 9th St SE 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 Washington, the Independence Ave SE / 9th St SE neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Independence Ave SE / 9th St SE neighborhood is wealthier than 95.8% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Independence Ave SE / 9th St SE also has one of the lowest ratings of child poverty in the nation.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 93.8% of the adults living in the Independence Ave SE / 9th St SE neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.9% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Independence Ave SE / 9th St SE neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.9% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Independence Ave SE / 9th St SE neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for active retirees and highly educated executives.

Finally, independence Ave SE / 9th St SE has the amazing distinction of housing more same sex couples living together than 97.2% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Occupations

Executives, managers and professionals make up 85.2% of the workforce in the Independence Ave SE / 9th St SE neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Furthermore, the Independence Ave SE / 9th St SE neighborhood has a greater proportion of government workers living in it than 99.4% 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.

In addition, with 1.7% of employed workers living in the Independence Ave SE / 9th St SE neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

If you love row houses and attached homes, you will probably really like the Independence Ave SE / 9th St SE neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 72.2% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Independence Ave SE / 9th St SE neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,744 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Independence Ave SE / 9th St SE neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 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 Independence Ave SE / 9th St SE neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 87.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.9% of the neighborhoods in the United States.

Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Independence Ave SE / 9th St SE neighborhood is a fantastic option for bicycle commuters, as 7.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.3% of the neighborhoods in America.

Also, in the Independence Ave SE / 9th St SE neighborhood, 17.6% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.9% of the neighborhoods in America.

Finally, a unique way of commuting is simply not to. And in the Independence Ave SE / 9th St SE neighborhood, analysis shows that 27.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.6% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Independence Ave SE / 9th St SE neighborhood has more Austrian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Austrian ancestry and 3.5% have Russian ancestry.

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 Independence Ave SE / 9th St SE neighborhood in Washington are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.8% 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 Independence Ave SE / 9th St SE neighborhood, 85.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 22.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (6.9%), and 6.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Independence Ave SE / 9th St SE neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

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 Independence Ave SE / 9th St SE neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as German (15.0%). There are also a number of people of English ancestry (11.6%), and residents who report Irish roots (10.9%), and some of the residents are also of Italian ancestry (7.3%), along with some Scottish ancestry residents (4.5%), 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 Independence Ave SE / 9th St SE neighborhood spend between 15 and 30 minutes commuting one-way to work (41.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (23.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.6%) and 10.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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