Washington Park is a neighborhood that is shrinking slower than others in Richmond at a 10-year growth rate of -21.4%. It also has an average-sized population of 1,154 people. Homes in Washington Park are relatively old with a median age of 38 years. The top school in the neighborhood is Clark Springs Elementary School.
The median value of homes in Washington Park is $106,000, making it one of the lower priced areas in Richmond. At the same time, the average list price of available homes is presently $88,816.
The typical dwelling in Washington Park is a three-bedroom detached home worth about $53,425. To purchase a similar home, a buyer with good credit and a $10,685 cash down payment could obtain a mortgage with a 3.95% interest rate and a $338 monthly payment. The property tax rate is $12.69 per $1,000 of taxable assessed value.