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 Bethesda,
the Alta Vista Terrace / Oakmont neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
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 Alta Vista Terrace / Oakmont neighborhood is wealthier than 99.7%
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.
In addition, a majority of the adults in the Alta Vista Terrace / Oakmont 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 99.4%
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 and families with school-aged children.
Also, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Alta Vista Terrace / Oakmont neighborhood, where 44.1% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 99.0%
of the neighborhoods in America.
Finally, with more than 2.0% of residents living with a same sex partner,
Alta Vista Terrace / Oakmont is truly a neighborhood that stands out from the rest in
this regard. In fact, exclusive analysis by NeighborhoodScout reveals that
this neighborhood has a greater concentration of same sex couples than
95.0% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Alta Vista Terrace / Oakmont neighborhood has more
Lebanese and Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.4% of
this neighborhood's residents have Lebanese ancestry and 2.9% have Eastern European ancestry.
Alta Vista Terrace / Oakmont is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 98.4% of the neighborhoods in America.
Notable & Unique: Occupations
The Alta Vista Terrace / Oakmont neighborhood has a greater proportion of
government workers living in it than 98.1% 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.
Furthermore, executives, managers and professionals make up 69.8% of the workforce
in the Alta Vista Terrace / Oakmont neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 98.0% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 20.1% of the
Alta Vista Terrace / Oakmont neighborhood's commuters ride the train to and from work each
day, which is more than we found in 96.4% of America's
Notable & Unique: Real Estate
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Alta Vista Terrace / Oakmont neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 97.5% of all American neighborhoods.
Furthermore, one way that the Alta Vista Terrace / Oakmont neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.9% 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.
Also of note, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.8% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Alta Vista Terrace / Oakmont neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.