U Street | Shaw
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
Despite its modest beginnings as a freed slave encampment following the Civil War, U Street/Shaw real estate in NorthwestWashington, D.C. is rapidly becoming one of the most desirable addresses in the city. Its recent revitalization is attributable in large part to the 1991 completion of the U Street/Cardozo Metro Station and the ongoing efforts of civic organizations like Shaw Main Streets, Inc. Nearly 10,000 new condos and apartments have been added to the U Street/Shaw real estate landscape in recent years.
A number of new businesses along the U Street corridor have also spurred the growth of U Street/Saw real estate, as has the relocation of several Ethiopian restaurants from the nearby neighborhood of Adams Morgan. One thing that isn’t new about U Street/Shaw? DC Hall of Fame eatery Ben’s Chili Bowl, a popular chili restaurant and Shaw landmark that has called the neighborhood home for nearly fifty years. You can learn more about the U Street estate market, including timely statistics about active inventory and the median sales price of area homes, by visiting the Adams Morgan and U Street housing marketreport. You can also refer to the facts below for additional details about living in U Street.
Resource: Long & Foster