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Real Estate Prices & Overview

Holiday Beach / Paris Estates median real estate price is $544,538, which is more expensive than 67.7% of the neighborhoods in Maryland and 73.1% of the neighborhoods in the U.S.

The average rental price in Holiday Beach / Paris Estates is currently $2,402, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.6% of Maryland neighborhoods.

Holiday Beach / Paris Estates is a rural neighborhood (based on population density) located in Owings, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Holiday Beach / Paris Estates real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Holiday Beach / Paris Estates 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.

Real estate vacancies in Holiday Beach / Paris Estates are 3.9%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Holiday Beach / Paris Estates 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.

Real Estate

Holiday Beach / Paris Estates is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Holiday Beach / Paris Estates is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, one way that the Holiday Beach / Paris Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.5% 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.

Occupations

The Holiday Beach / Paris Estates neighborhood has a greater proportion of government workers living in it than 98.5% 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.

Furthermore, with 1.5% of employed workers living in the Holiday Beach / Paris Estates neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Holiday Beach / Paris Estates neighborhood may actually hold the key. 70.4% of its residents are married, which is a higher percentage than is found in 96.6% of the neighborhoods in America.

In addition, according to NeighborhoodScout's exclusive analysis, Holiday Beach / Paris Estates is among the best neighborhoods for families in Maryland. In fact, this neighborhood is more family-friendly than 96.3% of neighborhoods in the entire state of Maryland. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Holiday Beach / Paris Estates neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Holiday Beach / Paris Estates neighborhood. More residents of the Holiday Beach / Paris Estates neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Holiday Beach / Paris Estates neighborhood in Owings 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 93.9% of the neighborhoods in America. In addition, 4.3% 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 67.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Holiday Beach / Paris Estates neighborhood, 37.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 18.1% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Holiday Beach / Paris Estates neighborhood is English, spoken by 96.9% of households. Some people also speak Polish (2.9%).

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 Holiday Beach / Paris Estates neighborhood in Owings, MD, residents most commonly identify their ethnicity or ancestry as German (22.0%). There are also a number of people of English ancestry (13.9%), and residents who report Irish roots (13.6%), and some of the residents are also of Polish ancestry (4.0%), along with some Scottish ancestry residents (2.7%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Holiday Beach / Paris Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (43.5% of working residents), longer and tougher than most commutes in America.

Here most residents (83.7%) 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 (7.7%) . 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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