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Real Estate Prices & Overview

Carroll Manor median real estate price is $931,714, which is more expensive than 92.2% of the neighborhoods in Maryland and 89.6% of the neighborhoods in the U.S.

The average rental price in Carroll Manor is currently $1,766, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.8% of Maryland neighborhoods.

Carroll Manor is an urban neighborhood (based on population density) located in Takoma Park, Maryland.

Carroll Manor real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Carroll Manor neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Carroll Manor are 3.1%, which is lower than one will find in 79.3% of American neighborhoods. Demand for real estate in Carroll Manor 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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Carroll Manor neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.0% of its workforce, this neighborhood has a greater concentration of government workers than 97.1% of U.S. neighborhoods.

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 39.9% 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 97.0% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Modes of Transportation

In the Carroll Manor neighborhood, 11.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.6% of the neighborhoods in America.

Diversity

Did you know that the Carroll Manor neighborhood has more Sub-Saharan African and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.6% of this neighborhood's residents have Sub-Saharan African ancestry and 3.3% have Eastern European ancestry.

Carroll Manor is also pretty special linguistically. Significantly, 23.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

The Neighbors

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 Carroll Manor neighborhood in Takoma Park are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.7% of the neighborhoods in America. In addition, 8.2% 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 55.3% 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 Carroll Manor neighborhood, 67.6% 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 15.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.3%), and 10.1% in clerical, assistant, and tech support 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 Carroll Manor neighborhood is English, spoken by 65.2% of households. Other important languages spoken here include African languages, French 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 Carroll Manor neighborhood in Takoma Park, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (26.6%). There are also a number of people of Irish ancestry (7.6%), and residents who report German roots (6.8%), and some of the residents are also of Haitian ancestry (6.7%), along with some English ancestry residents (6.7%), among others. In addition, 35.6% 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 Carroll Manor neighborhood spend between 15 and 30 minutes commuting one-way to work (39.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (11.8%) and 6.1% 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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