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    AI-Generated Neighborhood Summary

    Location and Crime Rate

    3526 King St is situated in Alexandria, VA, within the 22302 zip code area. Alexandria is a part of the Washington D.C. metropolitan area and is known for its historic charm and vibrant community. The crime rate in Alexandria varies by neighborhood, but overall, it tends to be lower than the national average, making it a relatively safe place to live.

    School District and Amenities

    The property is served by Alexandria City Public Schools, which offer a variety of educational programs and generally receive average to above-average ratings. Nearby amenities include parks such as Fort Ward Park, grocery stores like Giant Food and Safeway, and tourist attractions like the historic Old Town Alexandria. The area boasts a range of dining, shopping, and cultural experiences, including proximity to the George Washington Masonic National Memorial and the Torpedo Factory Art Center.

    Income, Job Growth, and Proximity to City Center

    The average household income in Alexandria is fairly high, reflecting its status as a desirable suburb of Washington D.C. Nearby neighborhoods also feature a relatively high average income level. Job growth in the region is strong, driven by its proximity to the nation’s capital, which offers numerous employment opportunities in government, defense, technology, and related sectors. Alexandria is about 8 miles from Washington D.C. city center, providing easy access to the urban job market and vibrant city life, making it a convenient and appealing location for many residents.

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    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Nestled in a community that perfectly balances vibrancy and tranquility, this neighborhood offers a compelling lifestyle for its residents, marked by a median home price of $451,200. This pricing is competitive in today’s market, providing potential homeowners with substantial value, particularly when juxtaposed with an impressive median household income of $104,458, significantly above the national average. Such a robust income level suggests a financially stable community, further emphasized by a low poverty rate of just 4%, which is well below the national rate. This economic stability is mirrored in the unemployment rate, which stands at an impressively low 2%. Residents here enjoy a well-educated environment with 38% of individuals holding a college degree, fostering a culture that prioritizes education and career advancement.

    Despite these positives, there are a few considerations for prospective homebuyers and investors. With a majority of the population renting rather than owning—57% renters compared to 36% owners—the community has a dynamic, transient feel, which can be appealing for those seeking short-term commitments or flexibility. However, this might be less attractive for those looking to invest in a traditionally stable, owner-dominated neighborhood. Additionally, 7% of housing units remain vacant, slightly above the national average, which could suggest either a potential for growth or a need for neighborhood revitalization strategies. For those financing their homes, the fact that 31% of owners spend 30% or more of their income on mortgages highlights the importance of careful financial planning, though it is worth noting that 25% of homeowners own without mortgages, indicating diverse economic standings within the community.

    The cultural landscape of the neighborhood is predominantly white, with non-US citizens comprising 12% of the population, adding a modest degree of cultural diversity to the area. While the crime index isn't provided, the economic indicators and high income levels typically suggest a safe and secure environment for families and individuals alike. The area also has a relatively lower representation of married-couple families at 29%, which might appeal to singles or those without children seeking a more community-oriented lifestyle over traditional family-centric neighborhoods.

    For those considering alternative options, if the neighborhood's renter-heavy dynamic and housing vacancy rates are a concern, it might be worth exploring nearby areas that offer similar median home prices but with a higher ownership rate and lower vacancy rates. Such alternative neighborhoods could provide a more stable investment landscape while still offering competitive pricing. Ultimately, this neighborhood presents a unique opportunity, especially for those valuing economic stability and rental flexibility, making it a strong contender in today's diverse real estate market.

    Median Home Price

    $451,200

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $104,458
    Nat'l Avg: $69,021

    Percent Under Poverty

    4%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,806
    Nat'l Avg: $988

    Owners vs Renters

    36% / 57%
    Nat'l Avg: 57% / 31%

    Vacant Housing Units

    7%
    Nat'l Avg: 11%

    Unemployment Rate

    2%
    Nat'l Avg: 3%

    College Degree

    38%
    Nat'l Avg: 21%

    Dominant Race

    White
    Nat'l Avg: 68%

    Married-Couple Families

    29%
    Nat'l Avg: 48%

    Owners Without Morgages

    25%
    Nat'l Avg: 38%

    Mortgage ≥ 30% Income

    31%
    Nat'l Avg: 27%

    Rent ≥ 30% Income

    N/A
    Nat'l Avg: 46%

    Non-US Citizens

    12%
    Nat'l Avg: 7%
    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Fort Ward Park

    0.5 miles

    Inova Alexandria Hospital

    2 miles

    Safeway

    0.7 miles

    Taqueria el Poblano

    0.5 miles

    Planet Fitness

    1 mile

    Ronald Reagan Washington National Airport

    5 miles

    T.C. Williams High School

    1.5 miles

    Landmark Mall

    2 miles

    King Street Metro Station

    3 miles

    Burke & Herbert Bank

    0.5 miles

    Alexandria Police Department

    2 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The median sale price of homes in Alexandria, VA, was $635,000 in February 2025, reflecting a 3.8% decrease from the previous year.
    Over the past 20 years, the 22310 zip code in Alexandria experienced a 180% total appreciation in median home prices, averaging an annual increase of about 9%.
    In 2024, Old Town Alexandria's average sold price reached $1,000,400, marking an 11.05% increase from 2023, with the median sold price rising by 11.6% to $870,500.
    The average home value in Alexandria, VA, was $665,299 as of February 2025, up 4.9% over the past year, with homes going pending in around 13 days. These insights highlight the dynamic nature of Alexandria's real estate market, showcasing both historical appreciation and recent fluctuations in property values.

    Custom Narratives

    The median home price in the 22302 area was $405,000 in August 2024, reflecting a 2.5% increase from the previous year.
    The median household income in the 22302 area is $127,037, with a per capita income of $88,013.
    The 22302 area has a median age of 39.3 years, with a racial composition of 62.2% White, 18.6% Hispanic, and 10.1% Black.
    The 22302 area has a population density of 8,350 people per square mile, with an average household size of 2.1 persons. These insights provide a snapshot of the real estate market and community attributes in the 22302 area.

    Green Flags

    Proximity to parks and green spaces
    Convenient access to public transportation
    Diverse dining and shopping options nearby
    Vibrant community atmosphere

    Red Flags

    Traffic congestion during rush hours
    Limited parking availability
    Noise from nearby roads and businesses
    Higher cost of living in the area
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Flood zone information is not available for this property at this time.

    Historical Flooding

    Historical flood damage records are not available for this property.

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