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Real Estate Prices & Overview

Randall Ridge median real estate price is $362,725, which is more expensive than 34.1% of the neighborhoods in Maryland and 52.8% of the neighborhoods in the U.S.

The average rental price in Randall Ridge is currently $2,613, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.4% of Maryland neighborhoods.

Randall Ridge is a suburban neighborhood (based on population density) located in Randallstown, Maryland.

Randall Ridge 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 Randall Ridge neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Randall Ridge, 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 Randall Ridge is very tight compared to the demand for property here.

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 Randallstown, the Randall Ridge neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Randall Ridge 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.

People

With a nice mix of college students, safety from crime, and decent walkability, the Randall Ridge 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 89.5% 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.

Diversity

Did you know that the Randall Ridge neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.2% of this neighborhood's residents have Sub-Saharan African ancestry and 9.7% have African ancestry.

Randall Ridge is also pretty special linguistically. Significantly, 2.9% 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 96.9% of the neighborhoods in America.

The Neighbors

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 Randall Ridge neighborhood in Randallstown are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.6% of the neighborhoods in America. In addition, 2.1% 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 74.9% 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 Randall Ridge neighborhood, 38.8% 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 23.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 17.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Randall Ridge neighborhood is English, spoken by 90.8% of households. Some people also speak African languages (2.9%).

Ethnicity / Ancestry

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 Randall Ridge neighborhood in Randallstown, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (19.2%). There are also a number of people of African ancestry (9.7%), and residents who report Asian roots (8.5%), and some of the residents are also of Jamaican ancestry (3.5%), along with some English ancestry residents (1.4%), among others. In addition, 13.4% 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 Randall Ridge neighborhood spend between 30 and 45 minutes commuting one-way to work (36.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.0%) 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 (10.2%) . 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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