The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
Notable & Unique: People
A majority of the adults in the Conaways 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 99.6%
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 college students and urban sophisticates.
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 0.7% of America's neighborhoods are wealthier than the
Conaways 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, the rate of college educated adults in the Conaways neighborhood
is a unique characteristic of the neighborhood. 71.9% of
adults here have received at least a 4-year bachelor's degree, compared to
the average neighborhood in America, which has 22.6% of the adults with a
bachelor's degree. The rate here is higher than NeighborhoodScout found in
97.0% of all U.S. neighborhoods.
Notable & Unique: Occupations
The government often provides some of the more stable jobs in the economy.
From local, to state, to federal government workers, the government can
also be a major employer. What NeighborhoodScout's analysis revealed, is
that the Conaways neighborhood in particular stands out
when compared nationally for the proportion of its working residents who
are employed by the government. At 20.7% of its workforce, this
neighborhood has a greater concentration of government workers than
99.0% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Conaways neighborhood has more
Greek and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.4% of
this neighborhood's residents have Greek ancestry and 4.1% have Russian ancestry.
Conaways is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily
speak Greek at home. While this may seem like a small percentage, it is higher
than 99.7% of the neighborhoods in America.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Conaways 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.
Furthermore, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Conaways neighborhood could be your paradise. With 41.5% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Conaways stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 88.8% of the residential real estate here was built in this one time period.