Woodmore Towne Centre / Balk Hill Village median real estate price is $703,790, which is more expensive than 79.9% of the neighborhoods in Maryland and 79.5% of the neighborhoods in the U.S.
The average rental price in Woodmore Towne Centre / Balk Hill Village is currently $5,135, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.3% of the neighborhoods in Maryland.
Woodmore Towne Centre / Balk Hill Village is a suburban neighborhood (based on population density) located in Bowie, Maryland.
Woodmore Towne Centre / Balk Hill Village 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 Woodmore Towne Centre / Balk Hill Village neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Woodmore Towne Centre / Balk Hill Village, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.3% of all neighborhoods in the U.S. This means that the housing supply in Woodmore Towne Centre / Balk Hill Village 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 Bowie, the Woodmore Towne Centre / Balk Hill Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Woodmore Towne Centre / Balk Hill Village neighborhood is wealthier than 96.0% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Woodmore Towne Centre / Balk Hill Village also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the Woodmore Towne Centre / Balk Hill Village neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Maryland by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 95.9% of the neighborhoods in Maryland. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
The Woodmore Towne Centre / Balk Hill Village neighborhood has a greater proportion of government workers living in it than 98.7% 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.
If you love row houses and attached homes, you will probably really like the Woodmore Towne Centre / Balk Hill Village 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, 28.7% of the residential real estate here is classified as row houses and attached homes.
In addition, one way that the Woodmore Towne Centre / Balk Hill Village neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Did you know that the Woodmore Towne Centre / Balk Hill Village neighborhood has more Jamaican and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.9% of this neighborhood's residents have Jamaican ancestry and 2.4% have Iranian ancestry.
Woodmore Towne Centre / Balk Hill Village is also pretty special linguistically. Significantly, 6.2% 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 99.1% 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 Woodmore Towne Centre / Balk Hill Village neighborhood in Bowie are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.0% 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.
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 Woodmore Towne Centre / Balk Hill Village neighborhood, 62.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (18.6%), and 9.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Woodmore Towne Centre / Balk Hill Village neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include African languages, French and Spanish.
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 Woodmore Towne Centre / Balk Hill Village neighborhood in Bowie, MD, residents most commonly identify their ethnicity or ancestry as Jamaican (14.9%). There are also a number of people of Sub-Saharan African ancestry (13.9%), and residents who report African roots (5.2%), and some of the residents are also of Haitian ancestry (3.6%), along with some Puerto Rican ancestry residents (3.3%), among others. In addition, 20.1% 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 Woodmore Towne Centre / Balk Hill Village neighborhood spend between 45 minutes and one hour commuting one-way to work (38.0% of working residents), longer and tougher than most commutes in America.
Here most residents (70.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.