Federal Triangle median real estate price is $908,464, which is more expensive than 60.1% of the neighborhoods in the District Of Columbia and 88.6% of the neighborhoods in the U.S.
The average rental price in Federal Triangle is currently $3,921, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.9% of the neighborhoods in the District Of Columbia.
Federal Triangle is a remote neighborhood (based on population density) located in Washington, District Of Columbia.
Federal Triangle real estate is primarily made up of small (studio to two bedroom) apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Federal Triangle 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.
In Federal Triangle, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Federal Triangle is very tight compared to the demand for property here.
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
100.0% of the real estate in the Federal Triangle neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Federal Triangle neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Federal Triangle stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 100.0% of the residential real estate here was built in this one time period.
Furthermore, the real estate in the Federal Triangle neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 100.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.
Also of note, the Federal Triangle neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 100.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
People
In a nation where 1 out of every 4 children lives in poverty, the Federal Triangle neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Federal Triangle neighborhood may actually hold the key. 100.0% of its residents are married, which is a higher percentage than is found in 100.0% of the neighborhoods in America.
Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 100.0% of the adults living in the Federal Triangle neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 100.0% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
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 Federal Triangle neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 100.0% of its workforce, this neighborhood has a greater concentration of government workers than 100.0% of U.S. neighborhoods.
Furthermore, executives, managers and professionals make up 100.0% of the workforce in the Federal Triangle neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 100.0% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 29.4% of the Federal Triangle neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Federal Triangle neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
Diversity
Did you know that the Federal Triangle neighborhood has more Italian and German ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 70.6% of this neighborhood's residents have Italian ancestry and 70.6% have German ancestry.
Federal Triangle is also pretty special linguistically. Significantly, 65.0% of its residents five years old and above primarily speak Italian at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
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 Federal Triangle neighborhood in Washington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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 Federal Triangle neighborhood, 100.0% of the working population is employed in government jobs, whether they are in local, state, or federal positions. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 100.0% of the residents employed.
Languages
The most common language spoken in the Federal Triangle neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (65.0%).
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 Federal Triangle neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as German (70.6%). There are also a number of people of Italian ancestry (70.6%), and residents who report French roots (29.4%), and some of the residents are also of English ancestry (29.4%).
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 Federal Triangle neighborhood spend between 45 minutes and one hour commuting one-way to work (70.6% of working residents), longer and tougher than most commutes in America.
Here most residents (70.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (29.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
