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Real Estate Prices & Overview

Central Newport News median real estate price is $349,208, which is more expensive than 38.8% of the neighborhoods in Virginia and 48.0% of the neighborhoods in the U.S.

The average rental price in Central Newport News is currently $2,332, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.3% of Virginia neighborhoods.

Central Newport News is an urban neighborhood (based on population density) located in Newport News, Virginia.

Central Newport News 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Central Newport News neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Central Newport News has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 Newport News, the Central Newport News neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Central Newport News neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 41.6% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 97.6% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, one of the really interesting characteristics about the Central Newport News neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.6% of college-friendly places to live in the state of Virginia.

Occupations

The Central Newport News neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.1% 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

The real estate in the Central Newport News 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, 92.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.5% of American neighborhoods.

In addition, renter-occupied real estate is dominant in the Central Newport News neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.8%, which is higher than 98.4% 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.

Furthermore, the Central Newport News 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 86.5% 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.

Modes of Transportation

Our research reveals that 92.2% of commuters who live in the Central Newport News neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.4% of U.S. neighborhoods.

Also, 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 Central Newport News neighborhood is a fantastic option for bicycle commuters, as 5.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.1% of the neighborhoods in America.

Diversity

Did you know that the Central Newport News neighborhood has more Jamaican and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.5% of this neighborhood's residents have Jamaican ancestry and 1.7% have Romanian ancestry.

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 Central Newport News neighborhood in Newport News are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.6% of U.S. neighborhoods. 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.

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 Central Newport News neighborhood, 51.9% 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.4%), and 10.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Central Newport News neighborhood is English, spoken by 84.2% of households. Some people also speak Polish (2.2%).

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 Central Newport News neighborhood in Newport News, VA, residents most commonly identify their ethnicity or ancestry as Jamaican (34.5%). There are also a number of people of Asian ancestry (8.7%), and residents who report German roots (5.5%), and some of the residents are also of Irish ancestry (4.9%), along with some Italian ancestry residents (4.4%), among others. In addition, 15.5% 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 Central Newport News neighborhood spend under 15 minutes commuting one-way to work (37.5% of working residents), one of the shortest commutes across America.

Here most residents (92.2%) drive alone in a private automobile to get to work. 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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