Ballentine Place median real estate price is $303,988, which is less expensive than 70.1% of Virginia neighborhoods and 59.5% of all U.S. neighborhoods.
The average rental price in Ballentine Place is currently $1,898, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.0% of Virginia neighborhoods.
Ballentine Place is an urban neighborhood (based on population density) located in Norfolk, Virginia.
Ballentine Place 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 Ballentine Place 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.
Real estate vacancies in Ballentine Place are 4.9%, which is lower than one will find in 67.3% of American neighborhoods. Demand for real estate in Ballentine Place 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.
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.
With 5.4% of employed workers living in the Ballentine Place neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Furthermore, there are more people living in the Ballentine Place neighborhood employed as sales and service workers (59.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Astoundingly, the Ballentine Place neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.4% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Norfolk neighborhood.
Did you know that the Ballentine Place neighborhood has more Scots-Irish and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Scots-Irish ancestry and 10.5% have African ancestry.
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 Ballentine Place 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 50.0% of the neighborhoods in America. With 31.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.2% 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 Ballentine Place neighborhood, 40.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 10.6% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Ballentine Place neighborhood is English, spoken by 97.9% of households.
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 Ballentine Place neighborhood in Norfolk, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.8%). There are also a number of people of African ancestry (10.5%), and residents who report Scots-Irish roots (4.9%), and some of the residents are also of German ancestry (4.5%), along with some Mexican ancestry residents (3.0%), among others.
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 Ballentine Place neighborhood spend between 15 and 30 minutes commuting one-way to work (58.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (81.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (8.5%) and 7.0% 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.