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Real Estate Prices & Overview

North Springbrook median real estate price is $672,384, which is more expensive than 76.9% of the neighborhoods in Maryland and 77.8% of the neighborhoods in the U.S.

The average rental price in North Springbrook is currently $3,794, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.3% of the neighborhoods in Maryland.

North Springbrook is a suburban neighborhood (based on population density) located in Silver Spring, Maryland.

North Springbrook 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 North Springbrook neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In North Springbrook, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.8% of all neighborhoods in the U.S. This means that the housing supply in North Springbrook is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the North Springbrook neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.0% of its workforce, this neighborhood has a greater concentration of government workers than 97.7% of U.S. neighborhoods.

Real Estate

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 North Springbrook neighborhood could be your paradise. With 31.6% 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 3.0% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

People

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 North Springbrook neighborhood is wealthier than 96.5% 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.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 35.2% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 95.1% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Diversity

Did you know that the North Springbrook neighborhood has more Sub-Saharan African and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.7% of this neighborhood's residents have Sub-Saharan African ancestry and 2.2% have Greek ancestry.

North Springbrook is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.

The Neighbors

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 North Springbrook neighborhood in Silver Spring 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 96.5% of the neighborhoods in America. In addition, 6.7% 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 59.6% 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 North Springbrook neighborhood, 67.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 16.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.6%), and 9.6% in manufacturing and laborer occupations.

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 North Springbrook neighborhood is English, spoken by 56.9% of households. Other important languages spoken here include Spanish, African languages and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the North Springbrook neighborhood in Silver Spring, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (14.7%). There are also a number of people of German ancestry (12.4%), and residents who report English roots (9.8%), and some of the residents are also of Asian ancestry (8.1%), along with some South American ancestry residents (5.7%), among others. In addition, 31.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 North Springbrook neighborhood spend between 30 and 45 minutes commuting one-way to work (30.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (54.2%) 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 (14.9%) and 5.6% of residents also take the train 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.


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