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Real Estate Prices & Overview

Calverton median real estate price is $697,541, which is more expensive than 79.8% of the neighborhoods in Maryland and 79.5% of the neighborhoods in the U.S.

The average rental price in Calverton is currently $2,295, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of Maryland neighborhoods.

Calverton is a suburban neighborhood (based on population density) located in Beltsville, Maryland.

Calverton real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Calverton neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Calverton, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Calverton is very tight compared to the demand for property here.

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 Beltsville, the Calverton neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Calverton neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

Diversity

Did you know that the Calverton neighborhood has more Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Brazilian ancestry.

Calverton is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 99.4% 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 Calverton neighborhood in Beltsville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.6% of the neighborhoods in America. With 24.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.8% of U.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 Calverton neighborhood, 35.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.3%), and 10.5% in clerical, assistant, and tech support 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 Calverton neighborhood is English, spoken by 52.5% of households. Other important languages spoken here include Spanish, African languages, Vietnamese and Langs. of India.

Ethnicity / Ancestry

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 Calverton neighborhood in Beltsville, MD, residents most commonly identify their ethnicity or ancestry as Asian (17.3%). There are also a number of people of Sub-Saharan African ancestry (8.8%), and residents who report German roots (4.9%), and some of the residents are also of African ancestry (4.0%), along with some English ancestry residents (2.9%), among others. In addition, 41.9% 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 Calverton neighborhood spend between 30 and 45 minutes commuting one-way to work (35.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (80.9%) 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 (12.1%) . 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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