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Real Estate Prices & Overview

Colony Hills median real estate price is $893,540, which is more expensive than 86.4% of the neighborhoods in Maryland and 85.0% of the neighborhoods in the U.S.

The average rental price in Colony Hills is currently $3,710, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.8% of the neighborhoods in Maryland.

Colony Hills is an urban neighborhood (based on population density) located in Annapolis, Maryland.

Colony Hills 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 Colony 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.

Home and apartment vacancy rates are 8.8% in Colony Hills. NeighborhoodScout analysis shows that this rate is lower than 44.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

With 3.5% of employed workers living in the Colony Hills neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Furthermore, 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 Colony Hills neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.0% of its workforce, this neighborhood has a greater concentration of government workers than 95.5% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Colony Hills neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.2% of all neighborhoods in America.

Diversity

Did you know that the Colony Hills neighborhood has more Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.0% of this neighborhood's residents have Lithuanian ancestry.

Colony Hills is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.2% 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 Colony Hills neighborhood in Annapolis are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 79.5% of the neighborhoods in America. With 41.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.9% 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 Colony Hills neighborhood, 57.6% 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 21.0% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (13.0%), and 11.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Colony Hills neighborhood is English, spoken by 92.9% of households. Some people also speak Spanish (4.5%).

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 Colony Hills neighborhood in Annapolis, MD, residents most commonly identify their ethnicity or ancestry as Irish (15.4%). There are also a number of people of English ancestry (13.5%), and residents who report German roots (11.9%), and some of the residents are also of Italian ancestry (5.8%), along with some Sub-Saharan African ancestry residents (3.2%), among others.

Getting to Work

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 Colony Hills neighborhood spend under 15 minutes commuting one-way to work (33.7% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (10.8%) who commute over an hour in each direction.

Here most residents (68.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (5.8%) . 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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