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Real Estate Prices & Overview

Gingerville Manor Estates / Gingerville Woods median real estate price is $834,229, which is more expensive than 89.4% of the neighborhoods in Maryland and 86.2% of the neighborhoods in the U.S.

The average rental price in Gingerville Manor Estates / Gingerville Woods is currently $4,070, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.5% of the neighborhoods in Maryland.

Gingerville Manor Estates / Gingerville Woods is a suburban neighborhood (based on population density) located in Annapolis, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Gingerville Manor Estates / Gingerville Woods real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Gingerville Manor Estates / Gingerville Woods 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.

Real estate vacancies in Gingerville Manor Estates / Gingerville Woods are 5.1%, which is lower than one will find in 65.7% of American neighborhoods. Demand for real estate in Gingerville Manor Estates / Gingerville Woods is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 Annapolis, the Gingerville Manor Estates / Gingerville Woods neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Gingerville Manor Estates / Gingerville Woods is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Gingerville Manor Estates / Gingerville Woods is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

If you are planning to retire in Maryland, this neighborhood should be on your must-see list. For many reasons, Gingerville Manor Estates / Gingerville Woods may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Maryland, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.5% of neighborhoods in MD. If a Maryland retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Gingerville Manor Estates / Gingerville Woods neighborhood has more Welsh and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.4% of this neighborhood's residents have Welsh ancestry and 3.0% have British ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Gingerville Manor Estates / Gingerville Woods neighborhood in Annapolis 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 89.7% of the neighborhoods in America. With 22.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.9% of U.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 Gingerville Manor Estates / Gingerville Woods neighborhood, 66.1% 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 16.7% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (11.3%), and 9.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Gingerville Manor Estates / Gingerville Woods neighborhood is English, spoken by 87.6% of households. Some people also speak Spanish (6.2%).

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 Gingerville Manor Estates / Gingerville Woods neighborhood in Annapolis, MD, residents most commonly identify their ethnicity or ancestry as English (22.7%). There are also a number of people of German ancestry (16.9%), and residents who report Irish roots (14.2%), and some of the residents are also of Italian ancestry (8.5%), along with some Asian ancestry residents (4.4%), among others. In addition, 12.2% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Gingerville Manor Estates / Gingerville Woods neighborhood spend between 15 and 30 minutes commuting one-way to work (34.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.5%) drive alone in a private automobile to get to work. 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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