Bel Air North / Bynum median real estate price is $406,311, which is more expensive than 38.6% of the neighborhoods in Maryland and 54.8% of the neighborhoods in the U.S.
The average rental price in Bel Air North / Bynum is currently $3,101, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 66.7% of the neighborhoods in Maryland.
Bel Air North / Bynum is a suburban neighborhood (based on population density) located in Forest Hill, Maryland.
Bel Air North / Bynum real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Bel Air North / Bynum neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Bel Air North / Bynum, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Bel Air North / Bynum 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 Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Bel Air North / Bynum neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Bel Air North / Bynum neighborhood could be your paradise. With 47.5% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Of note is Ä¢¹½ÊÓÆµ's research finding that the Bel Air North / Bynum 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 Bel Air North / Bynum community truly stands out from the rest in this regard.
In addition, if you're planning where to retire, the Bel Air North / Bynum neighborhood in Forest Hill is a great option to consider. According to Ä¢¹½ÊÓÆµ's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in MD, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 86.7% of the neighborhoods in Maryland. If you are considering retiring to Maryland, this is a good neighborhood to look at.
Did you know that the Bel Air North / Bynum neighborhood has more Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.0% of this neighborhood's residents have Polish ancestry.
Bel Air North / Bynum is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 96.9% 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. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Bel Air North / Bynum neighborhood in Forest Hill are upper-middle income, making it an above average income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 77.6% 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 Bel Air North / Bynum neighborhood, 53.5% 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 19.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 11.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Bel Air North / Bynum neighborhood is English, spoken by 97.9% of households. Some people also speak Polish (5.6%).
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 Bel Air North / Bynum neighborhood in Forest Hill, MD, residents most commonly identify their ethnicity or ancestry as German (33.0%). There are also a number of people of Irish ancestry (20.0%), and residents who report Polish roots (11.0%), and some of the residents are also of Italian ancestry (8.5%), along with some English ancestry residents (7.6%), among others.
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 Bel Air North / Bynum neighborhood spend between 30 and 45 minutes commuting one-way to work (32.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (81.7%) 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 (8.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.