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Real Estate Prices & Overview

Brighton Village / Shady Grove Village median real estate price is $483,742, which is more expensive than 52.6% of the neighborhoods in Maryland and 62.2% of the neighborhoods in the U.S.

The average rental price in Brighton Village / Shady Grove Village is currently $2,726, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.4% of Maryland neighborhoods.

Brighton Village / Shady Grove Village is a densely urban neighborhood (based on population density) located in Gaithersburg, Maryland.

Brighton Village / Shady Grove Village 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 Brighton Village / Shady Grove Village 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 Brighton Village / Shady Grove Village are 5.4%, which is lower than one will find in 64.0% of American neighborhoods. Demand for real estate in Brighton Village / Shady Grove Village 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 Gaithersburg, the Brighton Village / Shady Grove Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the Brighton Village / Shady Grove Village 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, 33.9% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Brighton Village / Shady Grove Village neighborhood has more Asian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.4% of this neighborhood's residents have Asian ancestry and 0.9% have Brazilian ancestry.

Brighton Village / Shady Grove Village is also pretty special linguistically. Significantly, 5.8% 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 99.0% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Brighton Village / Shady Grove Village neighborhood. What is interesting to note, is that the Brighton Village / Shady Grove Village neighborhood has a greater percentage of residents born in another country (49.6%) than are found in 97.6% of all U.S. neighborhoods.

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 Brighton Village / Shady Grove Village neighborhood in Gaithersburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.8% of the neighborhoods in America. In addition, 1.8% 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 75.8% 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 Brighton Village / Shady Grove Village neighborhood, 54.6% 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 19.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.8%), and 10.6% 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 Brighton Village / Shady Grove Village neighborhood is English, spoken by 30.3% of households. Other important languages spoken here include Spanish, Chinese, African languages 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 Brighton Village / Shady Grove Village neighborhood in Gaithersburg, MD, residents most commonly identify their ethnicity or ancestry as Asian (42.4%). There are also a number of people of Irish ancestry (5.6%), and residents who report English roots (5.4%), and some of the residents are also of Sub-Saharan African ancestry (4.7%), along with some South American ancestry residents (4.4%), among others. In addition, 49.6% 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 Brighton Village / Shady Grove Village neighborhood spend under 15 minutes commuting one-way to work (32.2% of working residents), one of the shortest commutes across America.

Here most residents (55.7%) 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 (13.3%) and 5.5% of residents also hop out the door and walk to work 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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