Most Expensive College Park Neighborhoods
College Park is a medium-sized city located in the state of Maryland. With a population of 32,256 people and six constituent neighborhoods, College Park is the 36th largest community in Maryland.
Housing costs in College Park are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Maryland.
College Park is a decidedly white-collar city, with fully 89.87% of the workforce employed in white-collar jobs, well above the national average. Overall, College Park is a city of professionals, sales and office workers and service providers. There are especially a lot of people living in College Park who work in office and administrative support (14.81%), teaching (14.52%) and sales jobs (8.80%).
Also of interest is that College Park has more people living here who work in computers and math than 95% of the places in the US.
College Park is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in College Park have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. College Park’s economy is one such example of this.
College Park, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
For the size of the city, public transportation in College Park is quite heavily used. Mostly, people who use it for their daily commute are taking the subway. For College Park, the benefits are reduced air pollution and congestion on the highways.
The education level of College Park ranks among the highest in the nation. Of the 25-and-older adult population in College Park, 49.99% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in College Park in 2010 was $17,809, which is low income relative to Maryland, and lower middle income relative to the rest of the US. This equates to an annual income of $71,236 for a family of four. However, College Park contains both very wealthy and poor people as well.
College Park is an extremely ethnically-diverse city. The people who call College Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of College Park residents report their race to be White, followed by Black or African-American. College Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.67% of the city’s residents. Important ancestries of people in College Park include German, Irish, Italian, English, Polish and European.
College Park also has a high percentage of its population that was born in another country: 18.73%.
The most common language spoken in College Park is English. Other important languages spoken here include Spanish and Chinese.
|COLLEGE PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||6,580|
|COLLEGE PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||29.08%|
|% RENTER OCCUPIED||70.92%|
|TYPE OF COLLEGE PARK HOMES|
|SINGLE FAMILY DETACHED||56.78%|
|ROWHOUSES AND ATTACHED HOMES||4.63%|
|SMALL APARTMENT BUILDINGS||3.64%|
|COMPLEXES OR HIGH RISE APARTMENTS||34.95%|
|SIZE OF COLLEGE PARK HOMES|
|5 OR MORE BEDROOMS||11.67%|
|AGE OF COLLEGE PARK HOMES|
|NEWER HOMES (2000 OR LATER)||18.18%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||19.00%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||50.82%|
|HISTORIC (1939 OR BEFORE)||12.01%|
|COLLEGE PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$317,407|
|MEDIAN RENTAL PRICE||$1,674|
|HOME VALUE RANGE|
|$0 - $58,000||1.98%|
|$58,001 - $116,000||1.04%|
|$116,001 - $232,000||18.95%|
|$232,001 - $349,000||47.79%|
|$349,001 - $465,000||20.31%|
|$465,001 - $581,000||6.36%|
|$581,001 - $872,000||2.99%|
|$872,001 - $1,162,000||0.00%|
|PEOPLE OF COLLEGE PARK||DETAILS|
|UNDER 5 YEARS||2.99%|
|5 TO 17||6.37%|
|18 TO 24||56.79%|
|25 TO 34||11.95%|
|35 TO 54||11.05%|
|55 TO 64||5.44%|
|65 YEARS AND OVER||5.41%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||87.00%|
|MEDIAN HOUSEHOLD INCOME||$56,736|
|PER CAPITA INCOME||$17,809|
|INDIVIDUALS BELOW POVERTY LEVEL||29.26%|
|INDUSTRIES PEOPLE WORK IN||Education (34.34%)
Professional, scientific, and technical services (8.29%)
Public Service (7.35%)
Information Technology (2.48%)
|BLACK OR AFRICAN AMERICAN||17.95%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.09%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.08%|
|SOME OTHER RACE ALONE||4.26%|
|TWO OR MORE RACES||2.87%|
|HISPANIC OR LATINO (OF ANY RACE)||10.67%|
|ETHNICITIES PRESENT||German (10.82%)
|LANGUAGES SPOKEN||English (75.50%)
Indic languages (1.41%)
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