Holly Hall Terrace / Elkwood Estates median real estate price is $390,199, which is more expensive than 36.6% of the neighborhoods in Maryland and 50.6% of the neighborhoods in the U.S.
The average rental price in Holly Hall Terrace / Elkwood Estates is currently $2,390, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.1% of Maryland neighborhoods.
Holly Hall Terrace / Elkwood Estates is a rural neighborhood (based on population density) located in Elkton, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Holly Hall Terrace / Elkwood Estates 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 occupied by a mixture of owners and renters. Many of the residences in the Holly Hall Terrace / Elkwood Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Holly Hall Terrace / Elkwood Estates are 4.1%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in Holly Hall Terrace / Elkwood Estates 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.
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.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Holly Hall Terrace / Elkwood Estates neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Holly Hall Terrace / Elkwood Estates 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.
Did you know that the Holly Hall Terrace / Elkwood Estates neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Dominican 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 Holly Hall Terrace / Elkwood Estates neighborhood in Elkton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. With 40.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% 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 Holly Hall Terrace / Elkwood Estates neighborhood, 36.4% 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 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 14.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Holly Hall Terrace / Elkwood Estates neighborhood is English, spoken by 89.5% of households. Some people also speak Spanish (8.3%).
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 Holly Hall Terrace / Elkwood Estates neighborhood in Elkton, MD, residents most commonly identify their ethnicity or ancestry as German (13.2%). There are also a number of people of English ancestry (10.1%), and residents who report Irish roots (8.4%), and some of the residents are also of Italian ancestry (7.0%), along with some Puerto Rican ancestry residents (5.0%), 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 Holly Hall Terrace / Elkwood Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (28.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.7%) 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 (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.