Carrollton Ridge median real estate price is $149,474, which is less expensive than 95.6% of Maryland neighborhoods and 88.2% of all U.S. neighborhoods.
The average rental price in Carrollton Ridge is currently $2,082, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.1% of Maryland neighborhoods.
Carrollton Ridge is a densely urban neighborhood (based on population density) located in Baltimore, Maryland.
Carrollton Ridge real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Carrollton Ridge neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Carrollton Ridge. The current real estate vacancy rate here is 55.3%. This is higher than the rate of vacancies in 99.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Baltimore, the Carrollton Ridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Carrollton Ridge neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Carrollton Ridge community truly stands out from the rest in this regard.
In addition, the Carrollton Ridge neighborhood is unique for having just 5.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.1% of America's neighborhoods.
Also, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Carrollton Ridge neighborhood has more single mother households than 95.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Carrollton Ridge neighborhood could be your paradise. With 87.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In addition, despite all of the residential real estate here in the Carrollton Ridge neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 55.3%, which is higher than 99.1% of all U.S. neighborhoods.
Furthermore, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Carrollton Ridge neighborhood is one of the most walkable neighborhoods in America.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 59.0% of the residential real estate in the Carrollton Ridge neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people ride the bus in this neighborhood each day to get to work than 99.8% of U.S. neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Carrollton Ridge neighborhood have a highly unusual car ownership. 54.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.
Significantly, 1.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Carrollton Ridge neighborhood in Baltimore are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 84.5% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Carrollton Ridge neighborhood, 46.4% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.7%), and 13.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Carrollton Ridge neighborhood is English, spoken by 90.7% of households. Other important languages spoken here include Polish, Spanish and French.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Carrollton Ridge neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Irish (11.9%). There are also a number of people of English ancestry (6.4%), and residents who report German roots (4.5%), and some of the residents are also of Italian ancestry (1.5%), along with some Asian ancestry residents (1.4%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Carrollton Ridge neighborhood spend under 15 minutes commuting one-way to work (41.3% of working residents), one of the shortest commutes across America.
Here most residents (45.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (31.4%) and 16.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
