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Real Estate Prices & Overview

Potomac Shores L3 / Potomac Shores Lb4 S2 median real estate price is $551,558, which is more expensive than 64.5% of the neighborhoods in Virginia and 68.9% of the neighborhoods in the U.S.

The average rental price in Potomac Shores L3 / Potomac Shores Lb4 S2 is currently $3,781, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.2% of the neighborhoods in Virginia.

Potomac Shores L3 / Potomac Shores Lb4 S2 is a suburban neighborhood (based on population density) located in Dumfries, Virginia.

Potomac Shores L3 / Potomac Shores Lb4 S2 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 Potomac Shores L3 / Potomac Shores Lb4 S2 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 6.1% in Potomac Shores L3 / Potomac Shores Lb4 S2. NeighborhoodScout analysis shows that this rate is lower than 59.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.8% of its workforce, this neighborhood has a greater concentration of government workers than 98.4% of U.S. neighborhoods.

Furthermore, the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood stands out nationally for having a greater proportion of its residents active in the military than 95.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Real Estate

One way that the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, if you love row houses and attached homes, you will probably really like the Potomac Shores L3 / Potomac Shores Lb4 S2 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, 35.8% of the residential real estate here is classified as row houses and attached homes.

People

If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 12.5% executive lifestyle neighborhoods in the state of Virginia.

Diversity

Did you know that the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.5% of this neighborhood's residents have Asian ancestry.

Potomac Shores L3 / Potomac Shores Lb4 S2 is also pretty special linguistically. Significantly, 4.7% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood in Dumfries 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 93.3% of the neighborhoods in America. In addition, 3.5% 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 69.5% 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 Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood, 53.4% 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 19.6% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (17.8%), and 16.9% 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 Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood is English, spoken by 61.7% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Urdu (the national language of Pakistan) and African languages.

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 Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood in Dumfries, VA, residents most commonly identify their ethnicity or ancestry as Asian (25.5%). There are also a number of people of Sub-Saharan African ancestry (7.8%), and residents who report African roots (5.1%), and some of the residents are also of Irish ancestry (4.0%), along with some German ancestry residents (3.6%), among others. In addition, 21.1% 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 Potomac Shores L3 / Potomac Shores Lb4 S2 neighborhood spend between 45 minutes and one hour commuting one-way to work (37.4% of working residents), longer and tougher than most commutes in America.

Here most residents (62.3%) 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 (9.5%) . 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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