Dupont Circle: Neighborhood with a Namesake Circle
Dupont Circle is a historic district and prominent neighborhood in Washington, D.C. This neighborhood is full of cafes, bars, restaurants, and boutiques, and is best known for its traffic circle, of which the neighborhood is named. With homes built in the late 19th and early 20th centuries, tenants are drawn to the neighborhood’s historic living spaces within close proximity to diverse food and entertainment.
In this walker’s paradise, Dupont Circle residents and tourists populate the neighborhood’s bars, international restaurants, and comedy venues on any day of the week. The nearby Spanish Steps attract visitors for dates and picnics, while Massachusetts Avenue attracts people from around the world with its two-mile stretch of international embassies. Younger populations are drawn to destinations closer to the traffic circle, such as the once active streetcar tunnel turned art, music and entertainment venue, the Dupont Underground.
Dupont Circle has a population of over 24,000 residents. The median home value is $600,000 with rent averaging $2,050. The median household income for this neighborhood averages $108,330. Dupont Circle rentals allow for a high return on purchases, and investors from around the country make use of Dupont Circle property management companies to manage the affairs of their properties.
If you are planning to buy a property for an attractive rental income in Dupont Circle, it is a good idea to hire services of a Washington, D.C. property management company. Property management D.C. can help you enjoy passive income from your rental or buying investments..