Sugarloaf Estates / Hope Valley Hills median real estate price is $780,308, which is more expensive than 85.4% of the neighborhoods in Maryland and 83.1% of the neighborhoods in the U.S.
The average rental price in Sugarloaf Estates / Hope Valley Hills is currently $2,445, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.3% of Maryland neighborhoods.
Sugarloaf Estates / Hope Valley Hills is a remote neighborhood (based on population density) located in Frederick, Maryland.
Sugarloaf Estates / Hope Valley Hills 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 Sugarloaf Estates / Hope Valley Hills neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Sugarloaf Estates / Hope Valley Hills are 3.6%, which is lower than one will find in 75.2% of American neighborhoods. Demand for real estate in Sugarloaf Estates / Hope Valley Hills 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.
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 Frederick, the Sugarloaf Estates / Hope Valley Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Sugarloaf Estates / Hope Valley Hills neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Sugarloaf Estates / Hope Valley Hills community truly stands out from the rest in this regard.
In addition, according to NeighborhoodScout's exclusive analysis, Sugarloaf Estates / Hope Valley Hills is among the best neighborhoods for families in Maryland. In fact, this neighborhood is more family-friendly than 95.2% 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 Sugarloaf Estates / Hope Valley Hills neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for active retirees and urban sophisticates.
Some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Sugarloaf Estates / Hope Valley Hills neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 96.8% of all American neighborhoods.
With 1.8% of employed workers living in the Sugarloaf Estates / Hope Valley Hills neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.6% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Significantly, 0.1% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 95.7% 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 Sugarloaf Estates / Hope Valley Hills neighborhood in Frederick 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 90.9% 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.
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 Sugarloaf Estates / Hope Valley Hills neighborhood, 56.0% 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 15.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.4%), and 12.6% 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 Sugarloaf Estates / Hope Valley Hills neighborhood is English, spoken by 86.9% of households. Other important languages spoken here include Polish, Spanish and Arabic.
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 Sugarloaf Estates / Hope Valley Hills neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as German (22.0%). There are also a number of people of Irish ancestry (15.9%), and residents who report English roots (15.3%), and some of the residents are also of Italian ancestry (9.1%), along with some Polish ancestry residents (4.9%), among others.
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 Sugarloaf Estates / Hope Valley Hills neighborhood spend between 45 minutes and one hour commuting one-way to work (37.0% of working residents), longer and tougher than most commutes in America.
Here most residents (68.4%) 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 (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.