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 Fernwood / Georgetown Village neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Fernwood / Georgetown Village neighborhood has more
Lebanese and British ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.5% of
this neighborhood's residents have Lebanese ancestry and 3.4% have British ancestry.
Fernwood / Georgetown Village is also pretty special linguistically. Significantly, 5.0% 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 99.3% of the neighborhoods in America.
Notable & Unique: People
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 Fernwood / Georgetown Village neighborhood, where 40.0% 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 98.3%
of the neighborhoods in America.
In addition, if you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 2.1% of America's neighborhoods are wealthier than the
Fernwood / Georgetown Village neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Also, a majority of the adults in the Fernwood / Georgetown 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 97.6%
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 active retirees, urban sophisticates and families with school-aged children.
Notable & Unique: Occupations
The Fernwood / Georgetown Village neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
98.1% of the neighborhoods in American. In fact, 70.2%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: Real Estate
In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Fernwood / Georgetown Village neighborhood, is that an incredible 81.9% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Furthermore, one way that the Fernwood / Georgetown Village neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.6% 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.