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Real Estate Prices & Overview

Merrifields / Twin Pines median real estate price is $380,583, which is more expensive than 43.8% of the neighborhoods in Virginia and 52.2% of the neighborhoods in the U.S.

The average rental price in Merrifields / Twin Pines is currently $2,172, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.9% of Virginia neighborhoods.

Merrifields / Twin Pines is a suburban neighborhood (based on population density) located in Portsmouth, Virginia.

Merrifields / Twin Pines real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Merrifields / Twin Pines neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Merrifields / Twin Pines are 3.8%, which is lower than one will find in 74.8% of American neighborhoods. Demand for real estate in Merrifields / Twin Pines 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.

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Merrifields / Twin Pines (24.4%) than in 96.8% of the neighborhoods in America.

Diversity

Significantly, 2.4% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

The Neighbors

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 Merrifields / Twin Pines neighborhood in Portsmouth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.6% of U.S. neighborhoods. With 45.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.9% of U.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 Merrifields / Twin Pines neighborhood, 37.2% 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 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.1%), and 13.9% 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 Merrifields / Twin Pines neighborhood is English, spoken by 98.3% of households. Other important languages spoken here include Italian and Greek.

Ethnicity / Ancestry

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 Merrifields / Twin Pines neighborhood in Portsmouth, VA, residents most commonly identify their ethnicity or ancestry as English (9.9%). There are also a number of people of Spanish ancestry (6.0%), and residents who report German roots (5.0%), and some of the residents are also of Irish ancestry (4.9%), along with some Italian ancestry residents (4.8%), among others.

Getting to Work

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 Merrifields / Twin Pines neighborhood spend under 15 minutes commuting one-way to work (37.1% of working residents), one of the shortest commutes across America.

Here most residents (67.0%) 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 (24.4%) . 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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