About McLean Virginia Property Management
The McLean Virginia Real Estate Market
Looking for information about McLean Virginia property management? McLean is an strong, reliable place to own real estate in Northern Virginia because the real estate market in McLean Virginia is strong–and is projected to remain reliable for years to come. With an abundance of luxury homes, well-kept neighborhoods, and competitive schools, McLean is a highly sought after place to live. On average, over 50% of the homes in McLean are valued at or over $1.2 million. The McLean real estate landscape is highly competitive and expensive. However, if you currently own property in McLean, you are well-positioned to enjoy a stable a rental market.
What McLean Owners Say About Us
The McLean Virginia Property Management Experts
For more than 35 years our clients throughout Northern Virginia have experience our top-notch commitment to their investments. WJD provides an impressive variety of services as a premier rental property management firm, fees that are competitively priced. Be sure to visit us at our office which is located close Fairfax, VA and discover what makes us leading management specialists in Alexandria, Old Town Alexandria and all of Northern Virginia. You can also request a free rental market analysis.
Why Own Rental Property in McLean Virginia?
McLean is an unincorporated community and census-designated place (CDP) in Fairfax County in Northern Virginia. McLean is home to many diplomats, military, members of Congress, and high-ranking government officials partially due to its proximity to Washington, D.C., The Pentagon and the Central Intelligence Agency. It is the location of Hickory Hill, the former home of Ethel Kennedy, the widow of Robert F. Kennedy. It is also the location of Salona, the former home of Light-Horse Harry Lee, the Revolutionary War hero. The community had an estimated total population of 53,673 in 2015, according to estimates prepared by the United States Census Bureau. It is located between the Potomac River and the town of Vienna. McLean is often distinguished by its luxury homes and its nearby high-profit shopping destinations: Tysons Corner Center and Tysons Galleria. The two McLean zip codes – 22101 and 22102 – are among the most expensive ZIP Codes in Virginia and the United States. In 2018, data from the American Community Survey revealed that McLean was the 3rd wealthiest city in the United States, based on its poverty rate of 2.6% and its median household income of $190,258. Capital One, Mars, Geebo, Booz Allen Hamilton, Freddie Mac, Hilton Worldwide, DynCorp and the Gannett Company are among the companies based in McLean, Virginia. Many businesses in neighboring Tysons Corner, particularly those east of Leesburg Pike (VA Route 7) have a McLean mailing address, because the US Postal Service boundary for West McLean (ZIP Code 22102) generally follows Leesburg Pike.
As of 2012, 61.6% of the population over the age of 16 was in the labor force. 0.4% was in the armed forces, and 61.2% was in the civilian labor force with 58.4% employed and 2.9% unemployed. The occupational composition of the employed civilian labor force was: 73.2% in management, business, science, and arts; 17.9% in sales and office occupations; 5.5% in service occupations; 2.0% in natural resources, construction, and maintenance; 1.4% in production, transportation, and material moving. The three industries employing the largest percentages of the working
civilian labor force were: professional, scientific, and management, and administrative and waste management services (27.8%); educational services, health care, and social assistance (17.7%); and public administration (16.6%).
The cost of living in McLean is very high; compared to a U.S. average of 100, the cost of living index for the community is 142.6. As of 2012, the median home value in the community was $908,000, the median selected monthly owner cost was $3,803 for housing units with a mortgage and $1,000+ for those without, and the median gross rent was $2,000+. – Wikipedia