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Real Estate Prices & Overview

Petworth East median real estate price is $936,181, which is more expensive than 62.8% of the neighborhoods in the District Of Columbia and 88.7% of the neighborhoods in the U.S.

The average rental price in Petworth East is currently $2,577, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.6% of District Of Columbia neighborhoods.

Petworth East is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Petworth East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Petworth East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.6% in Petworth East. NeighborhoodScout analysis shows that this rate is lower than 43.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 Petworth East neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 29.6% of its workforce, this neighborhood has a greater concentration of government workers than 99.8% of U.S. neighborhoods.

Furthermore, the Petworth East neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.6% of the neighborhoods in America. In fact, 75.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

If you love row houses and attached homes, you will probably really like the Petworth East 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, 73.6% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Petworth East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.1% of neighborhoods in the U.S., with 20,749 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Petworth East neighborhood is one of the most walkable neighborhoods in America.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 68.0% of the residential real estate in the Petworth East neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Petworth East neighborhood: a neighborhood in which more "urban sophisticates" live than 99.6% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

In addition, with more than 1.7% of residents living with a same sex partner, Petworth East is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.6% of U.S. neighborhoods.

Modes of Transportation

In the Petworth East neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 41.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.3% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

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 Petworth East neighborhood is a fantastic option for bicycle commuters, as 5.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.5% of the neighborhoods in America.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 20.0% of the Petworth East neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.4% of America's neighborhoods.

Diversity

Did you know that the Petworth East neighborhood has more British and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have British ancestry and 7.6% have Jamaican ancestry.

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 Petworth East neighborhood in Washington 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 91.6% of the neighborhoods in America. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.1% of U.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 Petworth East neighborhood, 75.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 29.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.1%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Petworth East neighborhood is English, spoken by 75.0% of households. Some people also speak Spanish (17.0%).

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 Petworth East neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (9.9%). There are also a number of people of Dominican ancestry (8.4%), and residents who report Jamaican roots (7.6%), and some of the residents are also of Irish ancestry (5.4%), along with some African ancestry residents (3.7%), among others. In addition, 19.6% 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 Petworth East neighborhood spend between 30 and 45 minutes commuting one-way to work (37.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (26.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (20.0%) and 5.5% of residents also bicycle for their daily commute. 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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