New Estates / Village Of Tall Oaks median real estate price is $648,069, which is more expensive than 74.6% of the neighborhoods in Maryland and 76.2% of the neighborhoods in the U.S.
The average rental price in New Estates / Village Of Tall Oaks is currently $3,467, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.3% of the neighborhoods in Maryland.
New Estates / Village Of Tall Oaks is a rural neighborhood (based on population density) located in Mount Airy, Maryland.
New Estates / Village Of Tall Oaks real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the New Estates / Village Of Tall Oaks neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In New Estates / Village Of Tall Oaks, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.5% of all neighborhoods in the U.S. This means that the housing supply in New Estates / Village Of Tall Oaks is very tight compared to the demand for property here.
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 Mount Airy, the New Estates / Village Of Tall Oaks neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the New Estates / Village Of Tall Oaks neighborhood is wealthier than 95.0% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, New Estates / Village Of Tall Oaks also has one of the lowest ratings of child poverty in the nation.
In addition, the New Estates / Village Of Tall Oaks neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 7.4% of family-friendly neighborhoods in the state of Maryland. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates.
Real estate in the New Estates / Village Of Tall Oaks neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Did you know that the New Estates / Village Of Tall Oaks neighborhood has more English and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.3% of this neighborhood's residents have English ancestry and 2.6% have Welsh ancestry.
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 New Estates / Village Of Tall Oaks neighborhood in Mount Airy are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.0% of the neighborhoods in America. 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the New Estates / Village Of Tall Oaks neighborhood, 54.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.0%), and 12.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the New Estates / Village Of Tall Oaks neighborhood is English, spoken by 93.9% of households. Some people also speak Spanish (3.8%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the New Estates / Village Of Tall Oaks neighborhood in Mount Airy, MD, residents most commonly identify their ethnicity or ancestry as English (28.3%). There are also a number of people of Irish ancestry (18.4%), and residents who report German roots (16.7%), and some of the residents are also of Italian ancestry (14.3%), along with some Polish ancestry residents (3.5%), 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 New Estates / Village Of Tall Oaks neighborhood spend between 45 minutes and one hour commuting one-way to work (34.7% of working residents), longer and tougher than most commutes in America.
Here most residents (68.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.