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Real Estate Prices & Overview

Cedar Grove / Cedar Heights median real estate price is $814,833, which is more expensive than 88.3% of the neighborhoods in Maryland and 86.2% of the neighborhoods in the U.S.

The average rental price in Cedar Grove / Cedar Heights is currently $3,497, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.3% of the neighborhoods in Maryland.

Cedar Grove / Cedar Heights is a suburban neighborhood (based on population density) located in Clarksburg, Maryland.

Cedar Grove / Cedar Heights 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 Cedar Grove / Cedar Heights neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Cedar Grove / Cedar Heights, the current vacancy rate is 1.1%, which is a lower rate of vacancies than 91.2% of all neighborhoods in the U.S. This means that the housing supply in Cedar Grove / Cedar Heights is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

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 1.4% of America's neighborhoods are wealthier than the Cedar Grove / Cedar Heights 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.

In addition, a majority of the adults in the Cedar Grove / Cedar Heights 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 98.3% 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.

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 Cedar Grove / Cedar Heights neighborhood, where 36.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% 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 95.6% of the neighborhoods in America.

Real Estate

One way that the Cedar Grove / Cedar Heights neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.4% 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.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Cedar Grove / Cedar Heights neighborhood. A whopping 83.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.9% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

Furthermore, if you love row houses and attached homes, you will probably really like the Cedar Grove / Cedar Heights 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, 29.0% of the residential real estate here is classified as row houses and attached homes.

Also of note, owner-occupied real estate dominates the Cedar Grove / Cedar Heights neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.1% of neighborhoods in America.

Occupations

The Cedar Grove / Cedar Heights neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.2% of the neighborhoods in America. In fact, 76.6% 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.

Furthermore, the Cedar Grove / Cedar Heights 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.

Diversity

Did you know that the Cedar Grove / Cedar Heights neighborhood has more Asian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 44.8% of this neighborhood's residents have Asian ancestry and 1.4% have Lithuanian ancestry.

Cedar Grove / Cedar Heights is also pretty special linguistically. Significantly, 10.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.7% 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 Cedar Grove / Cedar Heights neighborhood in Clarksburg 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 98.6% of the neighborhoods in America. In addition, 4.1% 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 67.5% 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 Cedar Grove / Cedar Heights neighborhood, 76.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 17.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.2%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

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 Cedar Grove / Cedar Heights neighborhood is English, spoken by 52.7% of households. Other important languages spoken here include Korean, Chinese, Langs. of India and Spanish.

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 Cedar Grove / Cedar Heights neighborhood in Clarksburg, MD, residents most commonly identify their ethnicity or ancestry as Asian (44.8%). There are also a number of people of German ancestry (11.5%), and residents who report English roots (8.0%), and some of the residents are also of Irish ancestry (5.9%), along with some Italian ancestry residents (3.7%), among others. In addition, 39.3% 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 Cedar Grove / Cedar Heights neighborhood spend between 30 and 45 minutes commuting one-way to work (38.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (60.9%) 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 (16.5%) . 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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