Highland Terrace / Green Park median real estate price is $272,480, which is less expensive than 75.9% of Virginia neighborhoods and 65.3% of all U.S. neighborhoods.
The average rental price in Highland Terrace / Green Park is currently $1,952, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.2% of Virginia neighborhoods.
Highland Terrace / Green Park is an urban neighborhood (based on population density) located in Richmond, Virginia.
Highland Terrace / Green Park 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 Highland Terrace / Green Park 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.
Home and apartment vacancy rates are 7.8% in Highland Terrace / Green Park. NeighborhoodScout analysis shows that this rate is lower than 49.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Highland Terrace / Green Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.2% of residents in the Highland Terrace / Green Park neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, our research revealed that more commuters here take the bus to work (13.1% ride the bus) than 96.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Did you know that the Highland Terrace / Green Park neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.8% of this neighborhood's residents have African ancestry and 11.3% have Sub-Saharan 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 Highland Terrace / Green Park 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 65.0% of U.S. neighborhoods. With 34.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.3% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Highland Terrace / Green Park neighborhood, 29.8% 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 29.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.7%), and 18.1% in clerical, assistant, and tech support occupations.
The most common language spoken in the Highland Terrace / Green Park neighborhood is English, spoken by 90.2% of households. Some people also speak Spanish (2.4%).
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 Highland Terrace / Green Park neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (11.3%). There are also a number of people of African ancestry (10.8%), and residents who report Asian roots (5.7%), and some of the residents are also of German ancestry (2.2%), along with some Italian ancestry residents (1.4%), 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 Highland Terrace / Green Park neighborhood spend between 15 and 30 minutes commuting one-way to work (45.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (65.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.1%) and 5.2% of residents also bicycle 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.