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Real Estate Prices & Overview

Carole Highlands median real estate price is $416,081, which is more expensive than 44.8% of the neighborhoods in Maryland and 60.0% of the neighborhoods in the U.S.

The average rental price in Carole Highlands is currently $2,169, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.2% of Maryland neighborhoods.

Carole Highlands is an urban neighborhood (based on population density) located in Hyattsville, Maryland.

Carole Highlands real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Carole Highlands neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Carole Highlands are 3.5%, which is lower than one will find in 77.1% of American neighborhoods. Demand for real estate in Carole Highlands is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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 get around.

Modes of Transportation

Our research shows that more people carpool to work here in the Carole Highlands (36.4%) than in 99.6% of the neighborhoods in America.

Occupations

More people work in manufacturing and as laborers here in the Carole Highlands neighborhood than in 99.1% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Carole Highlands neighborhood has a greater percentage of residents born in another country (57.4%) than are found in 98.9% of all U.S. neighborhoods.

Diversity

Significantly, 72.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.7% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Carole Highlands neighborhood in Hyattsville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.8% of U.S. neighborhoods. With 27.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.9% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Carole Highlands neighborhood, 51.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.3%), and 6.3% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Carole Highlands neighborhood is Spanish, spoken by 72.2% of households. Some people also speak English (22.8%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Carole Highlands neighborhood in Hyattsville, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (4.6%). There are also a number of people of African ancestry (2.1%), and residents who report English roots (1.8%), and some of the residents are also of Mexican ancestry (1.3%). In addition, 57.4% 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 Carole Highlands neighborhood spend between 45 minutes and one hour commuting one-way to work (39.6% of working residents), longer and tougher than most commutes in America.

Here most residents (47.3%) 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 (36.4%) and 5.3% of residents also ride the bus for their daily commute. 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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