Nearest Airport: RONALD REAGAN WASHINGTON NATIONAL
Community Characteristics: Significant Percentage of Family Households, Close to Military Facility(ies), Many Single Family Dwellings
Income Per Capita: $71,665
Average Household Expenditure: $109,070
Penn Quarter real estate has become a popular choice for people looking to live in Washington DC. The vibrant NorthwestWashington, D.C. neighborhood is one of the city’s biggest success stories. In the early 1990s, this nondescript cluster of city blocks radiating northward from the Archives-Navy Memorial Metro Station experienced an unparalleled revival, thanks to the efforts of the Pennsylvania Avenue Development Corporation.
Today, Penn Quarter real estate has attracted more than 10,000 residents, and countless visitors enjoy five museums, dozens of restaurants and stores, a weekly outdoor FRESHFARM Market, an annual Arts on Foot festival, and more than 220 concerts and events held annually at the nearby Verizon Center. Anchoring Penn Quarter real estate to the north, and served by the Gallery Place—Chinatown Metro Station, is the heart of D.C.’s Asian community, Chinatown. This culturally rich enclave, with its colorful architecture and bustling nightlife, is a popular 24-hour destination among Penn Quarter real estate owners, residents, and visitors
Resource: Long & Foster