Warther / Gaithersburg Green Park median real estate price is $557,904, which is more expensive than 67.0% of the neighborhoods in Maryland and 71.0% of the neighborhoods in the U.S.
The average rental price in Warther / Gaithersburg Green Park is currently $2,659, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.3% of the neighborhoods in Maryland.
Warther / Gaithersburg Green Park is a suburban neighborhood (based on population density) located in Gaithersburg, Maryland.
Warther / Gaithersburg Green Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 Warther / Gaithersburg Green Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Warther / Gaithersburg Green Park, 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 Warther / Gaithersburg Green Park is very tight compared to the demand for property here.
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 Warther / Gaithersburg Green Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
With a real estate vacancy rate of only 0.0%, the Warther / Gaithersburg Green Park 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.
In addition, if you love row houses and attached homes, you will probably really like the Warther / Gaithersburg Green Park 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, 57.1% of the residential real estate here is classified as row houses and attached homes.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Warther / Gaithersburg Green Park stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 91.5% of the residential real estate here was built in this one time period.
In a nation where 1 out of every 4 children lives in poverty, the Warther / Gaithersburg Green Park neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
The Warther / Gaithersburg Green Park neighborhood has a greater proportion of government workers living in it than 96.2% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Did you know that the Warther / Gaithersburg Green Park neighborhood has more Brazilian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.5% of this neighborhood's residents have Brazilian ancestry and 11.0% have South American ancestry.
Warther / Gaithersburg Green Park 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.
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 Warther / Gaithersburg Green Park neighborhood. What is interesting to note, is that the Warther / Gaithersburg Green Park neighborhood has a greater percentage of residents born in another country (55.7%) than are found in 98.6% of all U.S. neighborhoods.
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 Warther / Gaithersburg Green Park neighborhood in Gaithersburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.7% of the neighborhoods in America. 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Warther / Gaithersburg Green Park neighborhood, 49.8% 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 19.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.0%), and 13.7% in government jobs, whether they are in local, state, or federal positions.
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 Warther / Gaithersburg Green Park neighborhood is English, spoken by 35.1% of households. Other important languages spoken here include Chinese, Spanish, African languages and Langs. of India.
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 Warther / Gaithersburg Green Park neighborhood in Gaithersburg, MD, residents most commonly identify their ethnicity or ancestry as Asian (29.6%). There are also a number of people of Brazilian ancestry (23.5%), and residents who report South American roots (11.0%), and some of the residents are also of Sub-Saharan African ancestry (8.0%), along with some German ancestry residents (7.7%), among others. In addition, 55.7% of the residents of this neighborhood were born in another country.
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 Warther / Gaithersburg Green Park neighborhood spend under 15 minutes commuting one-way to work (34.7% of working residents), one of the shortest commutes across America.
Here most residents (54.2%) 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 (12.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.