menu






Real Estate Prices & Overview

Chincoteague Island / Town Center median real estate price is $428,561, which is more expensive than 50.5% of the neighborhoods in Virginia and 57.4% of the neighborhoods in the U.S.

The average rental price in Chincoteague Island / Town Center is currently $1,309, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.0% of Virginia neighborhoods.

Chincoteague Island / Town Center is a rural neighborhood (based on population density) located in Chincoteague, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Chincoteague Island / Town Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Chincoteague Island / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Chincoteague Island / Town Center. The current real estate vacancy rate here is 68.0%. This is higher than the rate of vacancies in 99.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (57.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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 Chincoteague, the Chincoteague Island / Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Chincoteague Island / Town Center is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Chincoteague Island / Town Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the Chincoteague Island / Town Center neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 68.0%, which is higher than 99.7% of all U.S. neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 15.9% of residents in the Chincoteague Island / Town Center neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the Chincoteague Island / Town Center neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.6% of residents here. This is a higher proportion of walking commuters than we found in 97.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

If you are planning to retire in Virginia, this neighborhood should be on your must-see list. For many reasons, Chincoteague Island / Town Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Virginia, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.8% of neighborhoods in VA. If a Virginia retirement is in your future, this neighborhood should be one of the places you visit.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Chincoteague Island / Town Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.5% of all American neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Chincoteague Island / Town Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Chincoteague Island / Town Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.4% 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 95.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Chincoteague Island / Town Center neighborhood has more British and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.2% of this neighborhood's residents have British ancestry and 1.3% have Austrian ancestry.

Chincoteague Island / Town Center is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 95.0% of the neighborhoods in America.

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 Chincoteague Island / Town Center neighborhood in Chincoteague are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.5% of U.S. neighborhoods. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.8% 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 Chincoteague Island / Town Center neighborhood, 39.4% 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 37.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.0%), and 11.2% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Chincoteague Island / Town Center neighborhood is English, spoken by 100.0% of households. Some people also speak Polish (6.0%).

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 Chincoteague Island / Town Center neighborhood in Chincoteague, VA, residents most commonly identify their ethnicity or ancestry as Irish (18.4%). There are also a number of people of German ancestry (17.3%), and residents who report English roots (14.9%), and some of the residents are also of British ancestry (8.2%), along with some Italian ancestry residents (7.0%), among others.

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 Chincoteague Island / Town Center neighborhood spend under 15 minutes commuting one-way to work (58.4% of working residents), one of the shortest commutes across America.

Here most residents (57.9%) drive alone in a private automobile to get to work. In addition, quite a number also bicycle to get to work (15.9%) and 14.6% of residents also hop out the door and walk to work 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.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

comparable neighborhoods nearby