Rockville, MD (Lakewood Estates)



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640 Vital Statistics. 25 Condition Alerts found.

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Real Estate


44

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alerts 8 Alerts

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Demographics alerts

Demographics


136

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Crimes alerts

Crimes


67

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Schools


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About Rockville, MD (Lakewood Estates)


Real Estate Prices and Overview

Lakewood Estates median real estate price is $1,105,066, which is more expensive than 98.7% of the neighborhoods in Maryland and 97.2% of the neighborhoods in the U.S.

The average rental price in Lakewood Estates is currently $2,332, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.4% of the neighborhoods in Maryland.

Lakewood Estates is a suburban neighborhood (based on population density) located in Rockville, Maryland.

Lakewood Estates real estate is primarily made up of small (studio to two bedroom) to large (four, five or more 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 Lakewood 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.

In Lakewood Estates, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 92.7% of all neighborhoods in the U.S. This means that the housing supply in Lakewood Estates is very tight compared to the demand for property here.

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.

Notable & Unique: Occupations

Executives, managers and professionals make up 75.8% of the workforce in the Lakewood Estates neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 45.0% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.0% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, if you are planning to retire in Maryland, this neighborhood should be on your must-see list. For many reasons, Lakewood Estates may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Maryland, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.0% of neighborhoods in MD. If a Maryland retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives.

Also, 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 Lakewood Estates neighborhood is wealthier than 95.3% 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.

Notable & Unique: Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Lakewood Estates neighborhood. A whopping 47.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.0% of the neighborhoods in the U.S. Everything here just feels new.

Notable & Unique: Diversity

Did you know that the Lakewood Estates neighborhood has more Eastern European and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have Eastern European ancestry and 1.9% have Iranian ancestry.

Lakewood Estates is also pretty special linguistically. Significantly, 3.4% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Lakewood Estates neighborhood in Rockville 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 95.3% of the neighborhoods in America. In addition, 0.8% 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 89.9% of America's neighborhoods.

The Neighbors: Occupations

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 Lakewood Estates neighborhood, 75.8% 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 13.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (10.1%), and 6.9% in clerical, assistant, and tech support occupations.

The Neighbors: 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 Lakewood Estates neighborhood is English, spoken by 51.7% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and Russian.

The Neighbors: 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 Lakewood Estates neighborhood in Rockville, MD, residents most commonly identify their ethnicity or ancestry as Asian (37.2%). There are also a number of people of German ancestry (7.0%), and residents who report Russian roots (6.5%), and some of the residents are also of Italian ancestry (5.0%), along with some Polish ancestry residents (4.2%), among others. In addition, 37.2% 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 Lakewood Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (10.3%) and 6.9% of residents also carpool with coworkers, friends, or neighbors 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.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 8 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
Locked

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

Setting

 

Neighborhood Look and Feel

Housing Market Details

 

AGE OF Rockville, MD (Lakewood Estates) HOMES

TYPE OF Rockville, MD (Lakewood Estates) HOMES

SIZE OF Rockville, MD (Lakewood Estates) HOMES

SIZE OF Rockville, MD (Lakewood Estates) HOMES

homeownership

 

Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2016 (latest available). Updated annually.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 

Special character

 

Age / Marital Status

 

Age

Marital Status

Gender Ratio

Military & College Status

 

Household Types

 

One person households

Same Sex Partners

Married Couple with Child

Single Parent with Child

Employment Industries in Lakewood Estates

 

Commute to work

 

Average One-way Commute Time

Means Of Transport

Vehicles Per Household

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

Languages Spoken (top 20)

Unemployment Rate

 

Average Income

 

Per Capita Income

Median Household Income

Education

 

Percent with College Degree

Percent with Advanced Degree

income & education

 

Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2016 calendar year; released from FBI in Sept. 2017 (latest available). Updated annually. Where is 2017 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 5 Condition Alerts found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Lakewood Estates 0.101011101001110
Rockville 0.101011101001110
Maryland 4.72

My Chances of Becoming a Victim of a Violent Crime

1 in

in Lakewood Estates

1 in

in Rockville

1 in 212

in Maryland

Rockville VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Lakewood Estates 0.101011101001110
Rockville 0.101011101001110
Maryland 22.84

My Chances of Becoming a Victim of a Property Crime

1 in

in Lakewood Estates

1 in

in Rockville

1 in 44

in Maryland

Rockville Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Lakewood Estates 0.101011101001110
Rockville 0.101011101001110
Maryland 57

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2016 – 2017 school year.
  • Expenditures: 2015
  • Educational Environment: 2016 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 7 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

Locked

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

MONTGOMERY COUNTY PUBLIC SCHOOLS


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Maryland

(10 is best)

Better than of MD school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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