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Real Estate Prices & Overview

Swampoodle / Mount Vernon Triangle median real estate price is $718,678, which is more expensive than 40.5% of the neighborhoods in the District Of Columbia and 80.7% of the neighborhoods in the U.S.

The average rental price in Swampoodle / Mount Vernon Triangle is currently $3,842, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.1% of the neighborhoods in the District Of Columbia.

Swampoodle / Mount Vernon Triangle is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Swampoodle / Mount Vernon Triangle real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Swampoodle / Mount Vernon Triangle neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.5% in Swampoodle / Mount Vernon Triangle. NeighborhoodScout analysis shows that this rate is lower than 45.5% 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 Washington, the Swampoodle / Mount Vernon Triangle neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Swampoodle / Mount Vernon Triangle 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 Swampoodle / Mount Vernon Triangle community truly stands out from the rest in this regard.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Swampoodle / Mount Vernon Triangle neighborhood, where 52.1% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.4% of the neighborhoods in America.

Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 55.6%. This is a higher percent living alone than we found in 97.8% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Finally, a unique characteristic about the people in the Swampoodle / Mount Vernon Triangle neighborhood is that a majority of them are young, single professionals. In fact, there are more young, single professionals in this one community than 96.0% of neighborhoods in the U.S. Here you'll find an active nightlife nearby with lots of opportunities to flirt and find romance. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for urban sophisticates.

Occupations

The Swampoodle / Mount Vernon Triangle neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 100.0% of the neighborhoods in America. In fact, 91.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Furthermore, the Swampoodle / Mount Vernon Triangle neighborhood has a greater proportion of government workers living in it than 98.5% 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.

Real Estate

The Swampoodle / Mount Vernon Triangle neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, the real estate in the Swampoodle / Mount Vernon Triangle neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.5% of American neighborhoods.

Furthermore, homes built from 2000 through today make up a higher proportion of the Swampoodle / Mount Vernon Triangle neighborhood's real estate landscape than 97.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 82.5% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Also of note, the Swampoodle / Mount Vernon Triangle neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,215 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods.

Finally, renter-occupied real estate is dominant in the Swampoodle / Mount Vernon Triangle neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.6%, which is higher than 96.7% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Swampoodle / Mount Vernon Triangle neighborhood buck this trend. 46.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.5% of U.S. neighborhoods.

Modes of Transportation

In the Swampoodle / Mount Vernon Triangle neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 22.5% of residents here. This is a higher proportion of walking commuters than we found in 98.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, in the Swampoodle / Mount Vernon Triangle neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 11.8% of the Swampoodle / Mount Vernon Triangle neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.6% of America's neighborhoods.

Diversity

Did you know that the Swampoodle / Mount Vernon Triangle neighborhood has more Irish and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.8% of this neighborhood's residents have Irish ancestry and 0.9% have Iranian ancestry.

Swampoodle / Mount Vernon Triangle is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Swampoodle / Mount Vernon Triangle neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Swampoodle / Mount Vernon Triangle 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 91.0% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Swampoodle / Mount Vernon Triangle neighborhood, 91.9% 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 18.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.9%), and 2.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Swampoodle / Mount Vernon Triangle neighborhood is English, spoken by 80.1% of households. Other important languages spoken here include Spanish and French.

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 Swampoodle / Mount Vernon Triangle neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Irish (23.8%). There are also a number of people of German ancestry (22.4%), and residents who report Asian roots (7.5%), and some of the residents are also of Italian ancestry (7.5%), along with some English ancestry residents (6.6%), among others. In addition, 15.2% 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 Swampoodle / Mount Vernon Triangle neighborhood spend between 15 and 30 minutes commuting one-way to work (57.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (22.5%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (21.8%) and 11.8% of residents also take the train for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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