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Real Estate Prices & Overview

Carrollton median real estate price is $361,115, which is more expensive than 32.1% of the neighborhoods in Maryland and 48.5% of the neighborhoods in the U.S.

The average rental price in Carrollton is currently $2,236, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.2% of Maryland neighborhoods.

Carrollton is a suburban neighborhood (based on population density) located in Frederick, Maryland.

Carrollton real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Carrollton neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Carrollton are 4.1%, which is lower than one will find in 72.6% of American neighborhoods. Demand for real estate in Carrollton 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 Frederick, the Carrollton neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Carrollton neighborhood has more Scottish and Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Scottish ancestry and 2.2% have Welsh ancestry.

Carrollton is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

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 Carrollton neighborhood in Frederick are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.6% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.0% 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 Carrollton neighborhood, 35.1% 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 23.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.2%), and 19.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Carrollton neighborhood is English, spoken by 74.0% of households. Some people also speak Spanish (18.8%).

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 Carrollton neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as German (16.1%). There are also a number of people of Irish ancestry (14.4%), and residents who report English roots (10.9%), and some of the residents are also of Italian ancestry (7.2%), along with some French ancestry residents (6.7%), among others. In addition, 18.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Carrollton neighborhood spend between 45 minutes and one hour commuting one-way to work (30.1% of working residents), longer and tougher than most commutes in America.

Here most residents (66.6%) 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 (14.2%) . 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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