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Real Estate Prices & Overview

Lynbrook / Town Center median real estate price is $699,561, which is more expensive than 78.2% of the neighborhoods in Virginia and 80.1% of the neighborhoods in the U.S.

The average rental price in Lynbrook / Town Center is currently $3,252, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.9% of the neighborhoods in Virginia.

Lynbrook / Town Center is an urban neighborhood (based on population density) located in Springfield, Virginia.

Lynbrook / Town Center real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Lynbrook / Town Center 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 Lynbrook / Town Center are 4.6%, which is lower than one will find in 69.0% of American neighborhoods. Demand for real estate in Lynbrook / Town Center 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.

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 Springfield, the Lynbrook / Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Lynbrook / Town Center neighborhood, is that an incredible 85.0% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Diversity

Did you know that the Lynbrook / Town Center neighborhood has more Romanian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Romanian ancestry and 34.9% have Asian ancestry.

Lynbrook / Town Center is also pretty special linguistically. Significantly, 13.3% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Lynbrook / Town Center neighborhood has a greater percentage of residents born in another country (46.1%) than are found in 96.5% of all U.S. neighborhoods.

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 Lynbrook / Town Center neighborhood in Springfield 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 87.7% of the neighborhoods in America. With 12.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.8% 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 Lynbrook / Town Center neighborhood, 38.4% 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.0%), and 11.9% 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 Lynbrook / Town Center neighborhood is English, spoken by 33.7% of households. Other important languages spoken here include Spanish, Vietnamese, Chinese and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

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 Lynbrook / Town Center neighborhood in Springfield, VA, residents most commonly identify their ethnicity or ancestry as Asian (34.9%). There are also a number of people of South American ancestry (4.5%), and residents who report Sub-Saharan African roots (4.4%), and some of the residents are also of Puerto Rican ancestry (2.7%), along with some English ancestry residents (1.9%), among others. In addition, 46.1% of the residents of this neighborhood were born in another country.

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 Lynbrook / Town Center neighborhood spend between 30 and 45 minutes commuting one-way to work (31.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.4%) 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 (17.3%) and 8.1% of residents also ride the bus 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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