Northern Virginia Real Estate
HOME COSTS RESHAPE RACIAL LOOK IN NORTHERN VIRGINIA, DC
Submitted by Steve on Tue, 2006-01-24 16:16.
The number of white residents in Northern Virginia and Washington, D.C., rose between 2000 and 2004 due to the robust job market and strong housing demand, U.S. Census data show. That trend is helping to reshape the makeup of the region.
Whites now make up 64 percent of residents in Arlington County and 58 percent of those residing in Alexandria. In Washington, D.C., the white population climbed to 30 percent from 28 percent during the four-year period. Meanwhile, soaring home prices are forcing many African-American and Hispanic residents farther out into the suburbs.
Many minority families may be getting priced out of the District market at the same time the District is getting more attractive to a wider variety of families, remarks Urban Institute researcher Margery Austin Turner. However, Turner believes that the presence of more affluent residents will give the nations capital the resources it needs to improve affordability and diversity.
Source: Richmond Times-Dispatch
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