Observatory Heights median real estate price is $517,165, which is more expensive than 59.6% of the neighborhoods in Maryland and 67.3% of the neighborhoods in the U.S.
The average rental price in Observatory Heights is currently $2,903, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.1% of the neighborhoods in Maryland.
Observatory Heights is an urban neighborhood (based on population density) located in Gaithersburg, Maryland.
Observatory Heights 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 Observatory Heights neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Observatory Heights are 5.0%, which is lower than one will find in 63.8% of American neighborhoods. Demand for real estate in Observatory Heights 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.
In the Observatory Heights neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.3% of commuters carpool here, which is more than in 98.8% of all U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Observatory Heights neighborhood has a greater percentage of residents born in another country (57.8%) than are found in 98.9% of all U.S. neighborhoods.
Did you know that the Observatory Heights neighborhood has more South American and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.7% of this neighborhood's residents have South American ancestry and 4.9% have Jamaican ancestry.
Observatory Heights is also pretty special linguistically. Significantly, 3.6% 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 97.8% 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 Observatory Heights 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 73.7% of the neighborhoods in America. With 44.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.0% 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 Observatory Heights neighborhood, 34.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.1%), and 9.3% in clerical, assistant, and tech support occupations.
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 Observatory Heights neighborhood is Spanish, spoken by 47.3% of households. Other important languages spoken here include English, African languages, Tagalog (the first language of the Philippine region) and French.
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 Observatory Heights neighborhood in Gaithersburg, MD, residents most commonly identify their ethnicity or ancestry as South American (13.7%). There are also a number of people of Sub-Saharan African ancestry (6.7%), and residents who report Asian roots (6.4%), and some of the residents are also of Jamaican ancestry (4.9%), along with some African ancestry residents (4.6%), among others. In addition, 57.8% 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 Observatory Heights neighborhood spend between 15 and 30 minutes commuting one-way to work (31.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.0%) 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 (30.3%) and 9.0% of residents also ride the bus 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.