Mill Creek Towne East / Mount Zion median real estate price is $780,560, which is more expensive than 93.0% of the neighborhoods in Maryland and 89.3% of the neighborhoods in the U.S.
The average rental price in Mill Creek Towne East / Mount Zion is currently $1,903, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.5% of Maryland neighborhoods.
Mill Creek Towne East / Mount Zion is a suburban neighborhood (based on population density) located in Olney, Maryland.
Mill Creek Towne East / Mount Zion real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Mill Creek Towne East / Mount Zion neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Mill Creek Towne East / Mount Zion, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.9% of all neighborhoods in the U.S. This means that the housing supply in Mill Creek Towne East / Mount Zion is very tight compared to the demand for property here.
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 Olney, the Mill Creek Towne East / Mount Zion neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
A unique way of commuting is simply not to. And in the Mill Creek Towne East / Mount Zion neighborhood, analysis shows that 28.5% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Mill Creek Towne East / Mount Zion neighborhood is wealthier than 96.4% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
If you love row houses and attached homes, you will probably really like the Mill Creek Towne East / Mount Zion 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, 27.3% of the residential real estate here is classified as row houses and attached homes.
In addition, one way that the Mill Creek Towne East / Mount Zion neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.8% 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.
Did you know that the Mill Creek Towne East / Mount Zion neighborhood has more Sub-Saharan African and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.8% of this neighborhood's residents have Sub-Saharan African ancestry and 3.1% have Portuguese ancestry.
Mill Creek Towne East / Mount Zion is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.3% of the neighborhoods in America.
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 Mill Creek Towne East / Mount Zion neighborhood in Olney 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 96.4% of the neighborhoods in America. In addition, 4.5% 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 66.9% of America'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 Mill Creek Towne East / Mount Zion neighborhood, 66.9% of the working population is employed in executive, management, and professional 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 16.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (12.1%), and 10.5% in clerical, assistant, and tech support occupations.
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 Mill Creek Towne East / Mount Zion neighborhood is English, spoken by 59.1% of households. Other important languages spoken here include Spanish, Langs. of India, Korean and Chinese.
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 Mill Creek Towne East / Mount Zion neighborhood in Olney, MD, residents most commonly identify their ethnicity or ancestry as Asian (19.1%). There are also a number of people of Sub-Saharan African ancestry (17.8%), and residents who report English roots (8.0%), and some of the residents are also of German ancestry (7.8%), along with some Italian ancestry residents (6.0%), among others. In addition, 31.2% of the residents of this neighborhood were born in another country.
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 Mill Creek Towne East / Mount Zion neighborhood spend between 45 minutes and one hour commuting one-way to work (36.8% of working residents), longer and tougher than most commutes in America.
Here most residents (58.1%) 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 (10.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.