Sugarloaf Estates / Hope Valley Hills median real estate price is $735,536, which is more expensive than 83.8% of the neighborhoods in Maryland and 81.9% of the neighborhoods in the U.S.
The average rental price in Sugarloaf Estates / Hope Valley Hills is currently $2,379, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.0% 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.
In Sugarloaf Estates / Hope Valley Hills, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.5% of all neighborhoods in the U.S. This means that the housing supply in Sugarloaf Estates / Hope Valley Hills is very tight compared to the demand for property here.
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.
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, if you are planning to retire in Maryland, this neighborhood should be on your must-see list. For many reasons, Sugarloaf Estates / Hope Valley Hills may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Maryland, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.1% of neighborhoods in MD. If a Maryland retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children 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 96.7% of all American neighborhoods.
The Sugarloaf Estates / Hope Valley Hills neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.4% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Sugarloaf Estates / Hope Valley Hills neighborhood has more Greek and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Greek ancestry and 2.1% have Eastern European ancestry.
Sugarloaf Estates / Hope Valley Hills is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.0% 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 91.5% 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, 60.7% 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 14.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 10.8% in government jobs, whether they are in local, state, or federal positions.
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 90.3% of households. Other important languages spoken here include Polish and Arabic.
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 Sugarloaf Estates / Hope Valley Hills neighborhood in Frederick, MD, residents most commonly identify their ethnicity or ancestry as German (21.0%). There are also a number of people of Irish ancestry (14.8%), and residents who report English roots (12.2%), and some of the residents are also of Italian ancestry (9.5%), along with some Polish ancestry residents (5.0%), 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 (41.0% of working residents), longer and tougher than most commutes in America.
Here most residents (70.4%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.