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Real Estate Prices & Overview

Johns Hopkins Homewood / Johns Hopkins University median real estate price is $357,980, which is less expensive than 69.4% of Maryland neighborhoods and 50.6% of all U.S. neighborhoods.

The average rental price in Johns Hopkins Homewood / Johns Hopkins University is currently $2,134, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.8% of Maryland neighborhoods.

Johns Hopkins Homewood / Johns Hopkins University is a densely urban neighborhood (based on population density) located in Baltimore, Maryland.

Johns Hopkins Homewood / Johns Hopkins University 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Johns Hopkins Homewood / Johns Hopkins University neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Johns Hopkins Homewood / Johns Hopkins University has a 15.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

People

The Johns Hopkins Homewood / Johns Hopkins University neighborhood stands out for having an average per capita income lower than 97.3% of the neighborhoods in the United States. Also of note is NeighborhoodScout's research finding that the Johns Hopkins Homewood / Johns Hopkins University 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 Johns Hopkins Homewood / Johns Hopkins University community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Johns Hopkins Homewood / Johns Hopkins University neighborhood has a greater concentration of residents currently enrolled in college than 99.4% of the neighborhoods in the U.S. With 61.9% of the population here attending college, this is very much a college-focused neighborhood.

Also, one of the really interesting characteristics about the Johns Hopkins Homewood / Johns Hopkins University neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.1% of college-friendly places to live in the state of Maryland.

Modes of Transportation

In the Johns Hopkins Homewood / Johns Hopkins University neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 41.1% of residents here. This is a higher proportion of walking commuters than we found in 99.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.6% of residents in the Johns Hopkins Homewood / Johns Hopkins University neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, our research revealed that more commuters here take the bus to work (10.6% ride the bus) than 95.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Johns Hopkins Homewood / Johns Hopkins University neighborhood has a highly unusual pattern of car ownership. 36.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.

Real Estate

The Johns Hopkins Homewood / Johns Hopkins University neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Johns Hopkins Homewood / Johns Hopkins University neighborhood is one of the most walkable neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the Johns Hopkins Homewood / Johns Hopkins University neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.9%, which is higher than 96.5% 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.

Also of note, one of the really unique and interesting things about the look and setting of the Johns Hopkins Homewood / Johns Hopkins University neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 73.7% 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 95.7% of all neighborhoods in America.

Occupations

Executives, managers and professionals make up 70.7% of the workforce in the Johns Hopkins Homewood / Johns Hopkins University neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

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 Johns Hopkins Homewood / Johns Hopkins University neighborhood. In the Johns Hopkins Homewood / Johns Hopkins University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Johns Hopkins Homewood / Johns Hopkins University neighborhood has more Iranian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Iranian ancestry and 1.0% have Armenian ancestry.

Johns Hopkins Homewood / Johns Hopkins University is also pretty special linguistically. Significantly, 12.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.4% 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 Johns Hopkins Homewood / Johns Hopkins University neighborhood in Baltimore are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.3% of U.S. neighborhoods. 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Johns Hopkins Homewood / Johns Hopkins University neighborhood, 70.7% 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 15.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.9%), and 4.7% in manufacturing and laborer 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 Johns Hopkins Homewood / Johns Hopkins University neighborhood is English, spoken by 61.3% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and Korean.

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 Johns Hopkins Homewood / Johns Hopkins University neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Asian (28.1%). There are also a number of people of Irish ancestry (10.7%), and residents who report German roots (9.9%), and some of the residents are also of Italian ancestry (5.4%), along with some Mexican ancestry residents (3.9%), among others. In addition, 23.8% of the residents of this neighborhood were born in another country.

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 Johns Hopkins Homewood / Johns Hopkins University neighborhood spend under 15 minutes commuting one-way to work (44.7% of working residents), one of the shortest commutes across America.

Here most residents (41.1%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.1%) and 10.6% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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