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Real Estate Prices & Overview

Victoria Station / Mt Harmony Estates median real estate price is $693,991, which is more expensive than 86.1% of the neighborhoods in Maryland and 84.4% of the neighborhoods in the U.S.

The average rental price in Victoria Station / Mt Harmony Estates is currently $2,413, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.1% of Maryland neighborhoods.

Victoria Station / Mt Harmony Estates is a suburban neighborhood (based on population density) located in Owings, Maryland.

Victoria Station / Mt Harmony Estates real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Victoria Station / Mt Harmony 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 Victoria Station / Mt Harmony Estates are 5.7%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Victoria Station / Mt Harmony 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

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 Victoria Station / Mt Harmony Estates neighborhood is wealthier than 96.6% 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. As one would expect in a considerably wealthy neighborhood such as this, Victoria Station / Mt Harmony Estates also has one of the lowest ratings of child poverty in the nation.

In addition, 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 Victoria Station / Mt Harmony Estates neighborhood may actually hold the key. 70.9% of its residents are married, which is a higher percentage than is found in 98.2% of the neighborhoods in America.

Also, according to NeighborhoodScout's exclusive analysis, Victoria Station / Mt Harmony Estates is among the best neighborhoods for families in Maryland. In fact, this neighborhood is more family-friendly than 97.8% 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 Victoria Station / Mt Harmony 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, college students and highly educated executives.

Occupations

The Victoria Station / Mt Harmony Estates neighborhood has a greater proportion of government workers living in it than 98.3% 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 1.3% of employed workers living in the Victoria Station / Mt Harmony Estates neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

One way that the Victoria Station / Mt Harmony Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.6% 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.

In addition, owner-occupied real estate dominates the Victoria Station / Mt Harmony Estates neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.2% of neighborhoods in America.

Diversity

Did you know that the Victoria Station / Mt Harmony Estates neighborhood has more Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Slovak ancestry.

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 Victoria Station / Mt Harmony 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 96.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Victoria Station / Mt Harmony Estates neighborhood, 66.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 17.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.9%), and 10.7% in manufacturing and laborer occupations.

Languages

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 Victoria Station / Mt Harmony Estates neighborhood is English, spoken by 96.6% of households. Other important languages spoken here include Polish and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Victoria Station / Mt Harmony Estates neighborhood in Owings, MD, residents most commonly identify their ethnicity or ancestry as English (15.8%). There are also a number of people of German ancestry (12.6%), and residents who report Italian roots (12.4%), and some of the residents are also of Irish ancestry (11.0%), along with some French ancestry residents (5.3%), 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 Victoria Station / Mt Harmony Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (43.0% of working residents), longer and tougher than most commutes in America.

Here most residents (76.2%) 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 (9.6%) . 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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