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Real Estate Prices & Overview

Gatestone / Pine Hill median real estate price is $432,747, which is more expensive than 43.9% of the neighborhoods in Maryland and 59.0% of the neighborhoods in the U.S.

The average rental price in Gatestone / Pine Hill is currently $2,300, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.2% of Maryland neighborhoods.

Gatestone / Pine Hill is a densely urban neighborhood (based on population density) located in Silver Spring, Maryland.

Gatestone / Pine Hill 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Gatestone / Pine Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.9% in Gatestone / Pine Hill. NeighborhoodScout analysis shows that this rate is lower than 43.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

One of the really unique and interesting things about the look and setting of the Gatestone / Pine Hill neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 84.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.3% of all neighborhoods in America.

In addition, renter-occupied real estate is dominant in the Gatestone / Pine Hill neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.0%, which is higher than 95.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Occupations

The Gatestone / Pine Hill neighborhood has a greater proportion of government workers living in it than 96.9% 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.

Diversity

Did you know that the Gatestone / Pine Hill neighborhood has more Sub-Saharan African and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.7% of this neighborhood's residents have Sub-Saharan African ancestry and 3.9% have Haitian ancestry.

Gatestone / Pine Hill is also pretty special linguistically. Significantly, 12.8% 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 99.8% of the neighborhoods in America.

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 Gatestone / Pine Hill neighborhood. What is interesting to note, is that the Gatestone / Pine Hill neighborhood has a greater percentage of residents born in another country (45.2%) than are found in 96.2% of all U.S. neighborhoods.

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 Gatestone / Pine Hill neighborhood in Silver Spring are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.0% of the neighborhoods in America. In addition, 3.0% 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 71.3% 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 Gatestone / Pine Hill neighborhood, 37.2% 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 23.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.8%), and 15.3% 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 Gatestone / Pine Hill neighborhood is English, spoken by 46.2% of households. Other important languages spoken here include French, African languages and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Gatestone / Pine Hill neighborhood in Silver Spring, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (34.7%). There are also a number of people of African ancestry (8.5%), and residents who report German roots (4.7%), and some of the residents are also of English ancestry (4.3%), along with some Haitian ancestry residents (3.9%), among others. In addition, 45.2% 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 Gatestone / Pine Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.9%) 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 (11.7%) and 7.2% 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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