Frederick Heights / Overlook median real estate price is $367,071, which is less expensive than 68.4% of Maryland neighborhoods and 51.3% of all U.S. neighborhoods.
The average rental price in Frederick Heights / Overlook is currently $2,672, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.2% of Maryland neighborhoods.
Frederick Heights / Overlook is an urban neighborhood (based on population density) located in Frederick, Maryland.
Frederick Heights / Overlook real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes 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 Frederick Heights / Overlook 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 Frederick Heights / Overlook, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.0% of all neighborhoods in the U.S. This means that the housing supply in Frederick Heights / Overlook 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 Frederick, the Frederick Heights / Overlook neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you love row houses and attached homes, you will probably really like the Frederick Heights / Overlook 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, 50.0% of the residential real estate here is classified as row houses and attached homes.
With a nice mix of college students, safety from crime, and decent walkability, the Frederick Heights / Overlook neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.4% of the neighborhoods in MD. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the Frederick Heights / Overlook neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Swiss ancestry.
Frederick Heights / Overlook is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
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 Frederick Heights / Overlook neighborhood in Frederick are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.1% of the neighborhoods in America. In addition, 9.4% 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 51.6% 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 Frederick Heights / Overlook neighborhood, 32.3% 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 31.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.9%), and 12.3% 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 Frederick Heights / Overlook neighborhood is English, spoken by 61.3% of households. Other important languages spoken here include Spanish, Russian and Vietnamese.
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 Frederick Heights / Overlook neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as Asian (8.0%). There are also a number of people of German ancestry (7.9%), and residents who report Puerto Rican roots (7.3%), and some of the residents are also of Irish ancestry (6.1%), along with some English ancestry residents (6.0%), among others. In addition, 28.6% 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 Frederick Heights / Overlook neighborhood spend under 15 minutes commuting one-way to work (31.5% of working residents), one of the shortest commutes across America.
Here most residents (72.6%) 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 (17.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.