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Real Estate Prices & Overview

New Hampshire Estates median real estate price is $472,688, which is more expensive than 51.1% of the neighborhoods in Maryland and 62.4% of the neighborhoods in the U.S.

The average rental price in New Hampshire Estates is currently $2,126, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.3% of Maryland neighborhoods.

New Hampshire Estates is a densely urban neighborhood (based on population density) located in Silver Spring, Maryland.

New Hampshire Estates real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 New Hampshire Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In New Hampshire Estates, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.5% of all neighborhoods in the U.S. This means that the housing supply in New Hampshire 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.

Occupations

More people work in manufacturing and as laborers here in the New Hampshire Estates neighborhood than in 97.9% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

In the New Hampshire Estates neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 26.2% of commuters carpool here, which is more than in 97.7% of all U.S. neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 97.3% of U.S. neighborhoods.

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 New Hampshire Estates neighborhood. What is interesting to note, is that the New Hampshire Estates neighborhood has a greater percentage of residents born in another country (60.9%) than are found in 99.3% of all U.S. neighborhoods.

Diversity

Did you know that the New Hampshire Estates neighborhood has more Sub-Saharan African and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.4% of this neighborhood's residents have Sub-Saharan African ancestry and 2.4% have Haitian ancestry.

New Hampshire Estates is also pretty special linguistically. Significantly, 7.3% 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 99.3% 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 New Hampshire Estates neighborhood in Silver Spring are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.0% of U.S. neighborhoods. With 22.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.2% of U.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 New Hampshire Estates neighborhood, 46.8% of the working population is employed in manufacturing and laborer 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 25.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.3%), and 7.9% 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 New Hampshire Estates neighborhood is Spanish, spoken by 63.3% of households. Other important languages spoken here include English, African languages, French and Vietnamese.

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 New Hampshire Estates neighborhood in Silver Spring, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (13.4%). There are also a number of people of Mexican ancestry (8.8%), and residents who report Asian roots (4.5%), and some of the residents are also of African ancestry (2.9%), along with some Dominican ancestry residents (2.7%), among others. In addition, 60.9% 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 New Hampshire Estates neighborhood spend between 30 and 45 minutes commuting one-way to work (38.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (46.5%) 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 (26.2%) and 15.1% 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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