What is My Home Worth in Charlottesville Va?
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Charlottesville is a medium-sized city located in the state of Virginia. With a population of 46,912 people and 27 constituent neighborhoods, Charlottesville is the 21st largest community in Virginia.
Charlottesville home prices are not only among the most expensive in Virginia, but Charlottesville real estate also consistently ranks among the most expensive in America.
Charlottesville is a decidedly white-collar city, with fully 90.26% of the workforce employed in white-collar jobs, well above the national average. Overall, Charlottesville is a city of professionals, service providers, and sales and office workers. There are especially a lot of people living in Charlottesville who work in teaching (11.03%), food service (10.49%), and office and administrative support (9.91%).
Of important note, Charlottesville is also a city of artists. Charlottesville has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Charlottesville’s character.
Also of interest is that Charlottesville has more people living here who work in computers and math than 95% of the places in the US.
Because there are quite a few people attending college in Charlottesville, it is thought of as a college town. To the benefit of the many students in the area, Charlottesville provides a number of services, amenities and opportunities geared towards their needs and activities.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 19.15 minutes getting to work every day.
Like elsewhere in America, most people in Charlottesville use a private automobile to get to work. But notably, a substantial number of Charlottesville‘s citizens do make use of public transit in their daily commute, primarily riding the bus. This helps more people get to work with less air pollution, and require fewer highways to get them there.
If knowledge is power, Charlottesville is a pretty powerful place. 50.04% of the adults in Charlottesville have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Charlottesville in 2010 was $30,729, which is upper middle income relative to Virginia and the nation. This equates to an annual income of $122,916 for a family of four. However, Charlottesville contains both very wealthy and poor people as well.
Charlottesville is an extremely ethnically-diverse city. The people who call Charlottesville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Charlottesville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Charlottesville include German, Irish, Italian, and Scottish.
The most common language spoken in Charlottesville is English. Other important languages spoken here include Spanish and Chinese.
Information provided by: https://www.neighborhoodscout.com/va/charlottesville