Otterbein / Federal Hill median real estate price is $568,619, which is more expensive than 60.1% of the neighborhoods in Maryland and 66.5% of the neighborhoods in the U.S.
The average rental price in Otterbein / Federal Hill is currently $1,812, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.8% of Maryland neighborhoods.
Otterbein / Federal Hill is a densely urban neighborhood (based on population density) located in Baltimore, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Otterbein / Federal Hill 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Otterbein / Federal Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Home and apartment vacancy rates are 6.8% in Otterbein / Federal Hill. NeighborhoodScout analysis shows that this rate is lower than 52.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Otterbein / Federal Hill 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, Otterbein / Federal Hill 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.
In addition, if you love row houses and attached homes, you will probably really like the Otterbein / Federal Hill neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.9% of the residential real estate here is classified as row houses and attached homes.
In a nation where 1 out of every 4 children lives in poverty, the Otterbein / Federal Hill neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, one of the most interesting things about the Otterbein / Federal Hill neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 65.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.3% of the neighborhoods in America.
Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Otterbein / Federal Hill neighborhood, where 39.0% have earned an advanced degree. Compare that to the average neighborhood in America, where just 14.1% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 96.4% of the neighborhoods in America.
The Otterbein / Federal Hill neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.6% of the neighborhoods in America. In fact, 79.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
More people in Otterbein / Federal Hill choose to walk to work each day (20.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Did you know that the Otterbein / Federal Hill neighborhood has more Hungarian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Hungarian ancestry and 2.2% have Eastern European ancestry.
Otterbein / Federal Hill is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.
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 Otterbein / Federal Hill 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 67.7% 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.
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 Otterbein / Federal Hill neighborhood, 79.0% 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 9.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.1%), and 3.5% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Otterbein / Federal Hill neighborhood is English, spoken by 84.9% of households. Some people also speak Langs. of India (3.4%).
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 Otterbein / Federal Hill neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as German (13.3%). There are also a number of people of Polish ancestry (11.7%), and residents who report Asian roots (10.3%), and some of the residents are also of Irish ancestry (7.3%), along with some English ancestry residents (6.8%), among others. In addition, 10.4% of the residents of this neighborhood were born in another country.
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 Otterbein / Federal Hill neighborhood spend under 15 minutes commuting one-way to work (34.9% of working residents), one of the shortest commutes across America.
Here most residents (55.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
