Calvert Square median real estate price is $274,372, which is less expensive than 77.4% of Virginia neighborhoods and 66.8% of all U.S. neighborhoods.
The average rental price in Calvert Square is currently $943, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.8% of Virginia neighborhoods.
Calvert Square is an urban neighborhood (based on population density) located in Norfolk, Virginia.
Calvert Square 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 renter occupied. Many of the residences in the Calvert Square neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Calvert Square, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 82.2% of all neighborhoods in the U.S. This means that the housing supply in Calvert Square is very tight compared to the demand for property here.
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 Norfolk, the Calvert Square neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Calvert Square neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. Also of note, 97.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Calvert Square neighborhood has more single mother households than 99.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Our research shows that more people carpool to work here in the Calvert Square (47.4%) than in 99.9% of the neighborhoods in America.
Also, more people in Calvert Square choose to walk to work each day (11.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
More people work in manufacturing and as laborers here in the Calvert Square neighborhood than in 98.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Calvert Square neighborhood has a highly unusual pattern of car ownership. 43.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.
93.8% of the real estate in the Calvert Square neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, one of the really unique and interesting things about the look and setting of the Calvert Square neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Calvert Square neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Calvert Square neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.
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 Calvert Square neighborhood in Norfolk are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 97.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.9% 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 Calvert Square neighborhood, 49.1% 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 33.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.9%).
The most common language spoken in the Calvert Square neighborhood is English, spoken by 92.3% of households. Some people also speak Spanish (7.0%).
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 Calvert Square neighborhood in Norfolk, VA, residents most commonly identify their ethnicity or ancestry as Irish (2.7%).
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Calvert Square neighborhood spend under 15 minutes commuting one-way to work (60.9% of working residents), one of the shortest commutes across America.
Here most residents (47.4%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also drive alone in a private automobile to get to work (34.1%) and 11.3% of residents also hop out the door and walk to work for their daily commute. Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.