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Real Estate Prices & Overview

New Northwood median real estate price is $211,967, which is less expensive than 90.0% of Maryland neighborhoods and 74.7% of all U.S. neighborhoods.

The average rental price in New Northwood is currently $2,285, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.0% of Maryland neighborhoods.

New Northwood is a densely urban neighborhood (based on population density) located in Baltimore, Maryland.

New Northwood 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 New Northwood 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 New Northwood are 5.2%, which is lower than one will find in 65.3% of American neighborhoods. Demand for real estate in New Northwood 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 Baltimore, the New Northwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you love row houses and attached homes, you will probably really like the New Northwood 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, 66.2% of the residential real estate here is classified as row houses and attached homes.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.6% ride the bus) than 98.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Occupations

With 1.7% of employed workers living in the New Northwood neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the New Northwood neighborhood have a highly unusual car ownership. 19.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.2% of U.S. neighborhoods.

Diversity

Did you know that the New Northwood neighborhood has more Jamaican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Jamaican ancestry and 10.3% have African ancestry.

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 New Northwood neighborhood in Baltimore are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 67.3% of U.S. neighborhoods. With 33.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% 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 New Northwood neighborhood, 50.5% 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 21.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.9%), and 11.2% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the New Northwood neighborhood is English, spoken by 95.7% of households. Some people also speak Spanish (2.1%).

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 New Northwood neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.3%). There are also a number of people of African ancestry (10.3%), and residents who report Jamaican roots (9.4%), and some of the residents are also of Irish ancestry (2.7%).

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 New Northwood neighborhood spend between 15 and 30 minutes commuting one-way to work (39.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.6%) and 8.8% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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