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Real Estate Prices & Overview

Birch Town / Deep Hole median real estate price is $504,176, which is more expensive than 62.3% of the neighborhoods in Virginia and 66.9% of the neighborhoods in the U.S.

The average rental price in Birch Town / Deep Hole is currently $2,125, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.4% of Virginia neighborhoods.

Birch Town / Deep Hole 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).

Birch Town / Deep Hole real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Birch Town / Deep Hole neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Birch Town / Deep Hole. The current real estate vacancy rate here is 51.6%. This is higher than the rate of vacancies in 98.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (44.4%). 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

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.

Real Estate

Birch Town / Deep Hole 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, Birch Town / Deep Hole 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 Birch Town / Deep Hole 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 51.6%, which is higher than 98.8% of all U.S. neighborhoods.

People

Of note is NeighborhoodScout's research finding that the Birch Town / Deep Hole neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Birch Town / Deep Hole community truly stands out from the rest in this regard.

In addition, if you're nearing retirement age, or in retirement, the Birch Town / Deep Hole is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.8% of retiree-friendly neighborhoods in Virginia, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Virginia. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for college students.

Diversity

Did you know that the Birch Town / Deep Hole neighborhood has more English and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.9% of this neighborhood's residents have English ancestry and 1.5% have Ukrainian ancestry.

Birch Town / Deep Hole is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.4% 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 Birch Town / Deep Hole neighborhood in Chincoteague are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Birch Town / Deep Hole neighborhood, 38.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 16.1% 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 Birch Town / Deep Hole neighborhood is English, spoken by 91.2% of households. Other important languages spoken here include Polish, Spanish and Arabic.

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 Birch Town / Deep Hole neighborhood in Chincoteague, VA, residents most commonly identify their ethnicity or ancestry as English (20.9%). There are also a number of people of Irish ancestry (9.5%), and residents who report German roots (4.1%), and some of the residents are also of Arab ancestry (2.7%), along with some Norwegian ancestry residents (2.4%), 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 Birch Town / Deep Hole neighborhood spend under 15 minutes commuting one-way to work (44.9% of working residents), one of the shortest commutes across America.

Here most residents (83.8%) 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 (9.0%) . 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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