Wheaton Hills / Wheatoncrest median real estate price is $692,285, which is more expensive than 80.3% of the neighborhoods in Maryland and 79.3% of the neighborhoods in the U.S.
The average rental price in Wheaton Hills / Wheatoncrest is currently $4,423, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.9% of the neighborhoods in Maryland.
Wheaton Hills / Wheatoncrest is an urban neighborhood (based on population density) located in Silver Spring, Maryland.
Wheaton Hills / Wheatoncrest 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 owner occupied. Many of the residences in the Wheaton Hills / Wheatoncrest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Wheaton Hills / Wheatoncrest, 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 Wheaton Hills / Wheatoncrest is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Wheaton Hills / Wheatoncrest neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Wheaton Hills / Wheatoncrest neighborhood, is that an incredible 91.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Wheaton Hills / Wheatoncrest neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.6% of all American neighborhoods.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Wheaton Hills / Wheatoncrest neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.5% of its workforce, this neighborhood has a greater concentration of government workers than 98.0% of U.S. neighborhoods.
One of the really interesting characteristics about the Wheaton Hills / Wheatoncrest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.7% of college-friendly places to live in the state of Maryland.
In addition, neighborhoodScout's analysis shows that the Wheaton Hills / Wheatoncrest neighborhood has a greater concentration of residents currently enrolled in college than 95.1% of the neighborhoods in the U.S. With 10.5% of the population here attending college, this is very much a college-focused neighborhood.
Did you know that the Wheaton Hills / Wheatoncrest neighborhood has more Russian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have Russian ancestry and 14.1% have South American ancestry.
Wheaton Hills / Wheatoncrest is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Wheaton Hills / Wheatoncrest neighborhood has a greater percentage of residents born in another country (45.6%) than are found in 96.1% 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 Wheaton Hills / Wheatoncrest neighborhood in Silver Spring are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.7% of the neighborhoods in America. With 11.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.9% 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 Wheaton Hills / Wheatoncrest neighborhood, 44.0% 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 28.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (16.5%), and 14.6% in manufacturing and laborer 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 Wheaton Hills / Wheatoncrest neighborhood is Spanish, spoken by 40.2% of households. Other important languages spoken here include English, Vietnamese and Chinese.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Wheaton Hills / Wheatoncrest neighborhood in Silver Spring, MD, residents most commonly identify their ethnicity or ancestry as South American (14.1%). There are also a number of people of Asian ancestry (11.1%), and residents who report Sub-Saharan African roots (9.2%), and some of the residents are also of German ancestry (8.7%), along with some Irish ancestry residents (6.8%), among others. In addition, 45.6% 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 Wheaton Hills / Wheatoncrest neighborhood spend between 30 and 45 minutes commuting one-way to work (41.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (63.5%) 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 (6.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
