Logal Street Bon Air / Buford Oaks median real estate price is $549,021, which is more expensive than 66.1% of the neighborhoods in Virginia and 70.4% of the neighborhoods in the U.S.
The average rental price in Logal Street Bon Air / Buford Oaks is currently $4,778, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.6% of the neighborhoods in Virginia.
Logal Street Bon Air / Buford Oaks is a suburban neighborhood (based on population density) located in Richmond, Virginia.
Logal Street Bon Air / Buford Oaks 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 Logal Street Bon Air / Buford Oaks neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Logal Street Bon Air / Buford Oaks are 3.7%, which is lower than one will find in 75.4% of American neighborhoods. Demand for real estate in Logal Street Bon Air / Buford Oaks 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.
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 Logal Street Bon Air / Buford Oaks neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Logal Street Bon Air / Buford Oaks neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.4% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.2% of all neighborhoods in America.
Of particular note, 5.8% of the people in the Logal Street Bon Air / Buford Oaks neighborhood currently reside in a correction facility, held due to punishment for a crime.
In addition, a majority of the adults in the Logal Street Bon Air / Buford Oaks neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Virginia by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.8% of the neighborhoods in Virginia. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children.
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 Logal Street Bon Air / Buford Oaks neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 12.9% of its workforce, this neighborhood has a greater concentration of government workers than 95.4% of U.S. neighborhoods.
Did you know that the Logal Street Bon Air / Buford Oaks neighborhood has more English and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.2% of this neighborhood's residents have English ancestry and 3.7% have Ukrainian 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 Logal Street Bon Air / Buford Oaks neighborhood in Richmond 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 89.3% of the neighborhoods in America. In addition, 3.3% 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 70.3% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Logal Street Bon Air / Buford Oaks neighborhood, 61.2% 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 16.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 12.9% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Logal Street Bon Air / Buford Oaks neighborhood is English, spoken by 97.2% of households. Some people also speak Polish (3.8%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Logal Street Bon Air / Buford Oaks neighborhood in Richmond, VA, residents most commonly identify their ethnicity or ancestry as English (33.2%). There are also a number of people of German ancestry (17.0%), and residents who report Irish roots (9.2%), and some of the residents are also of Ukrainian ancestry (3.7%), along with some Italian ancestry residents (2.3%), among others.
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 Logal Street Bon Air / Buford Oaks neighborhood spend between 15 and 30 minutes commuting one-way to work (51.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (63.1%) 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 (9.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.