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Real Estate Prices & Overview

Union Square median real estate price is $385,621, which is more expensive than 39.1% of the neighborhoods in Maryland and 46.0% of the neighborhoods in the U.S.

The average rental price in Union Square is currently $2,192, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.8% of Maryland neighborhoods.

Union Square is a densely urban neighborhood (based on population density) located in Baltimore, Maryland.

Union Square real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Union Square 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.

Vacant apartments or homes are a major fact of life in Union Square. The current real estate vacancy rate here is 33.2%. This is higher than the rate of vacancies in 95.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Baltimore, the Union Square neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 6.9% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Union Square neighborhood should definitely be on your list of places to consider.

Real Estate

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 Union Square neighborhood could be your paradise. With 71.3% 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 0.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

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 Union Square neighborhood is one of the most walkable neighborhoods in America.

Furthermore, despite all of the residential real estate here in the Union Square neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.2%, which is higher than 95.9% of all U.S. neighborhoods.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Union Square neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 93.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 100.0% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (28.9% ride the bus) than 99.6% 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.

Also, in the Union Square 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 13.1% of residents here. This is a higher proportion of walking commuters than we found in 96.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Union Square neighborhood buck this trend. 36.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.

Diversity

Did you know that the Union Square neighborhood has more Lithuanian and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Lithuanian ancestry and 12.1% have Sub-Saharan African ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Union Square neighborhood in Baltimore are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.3% of U.S. neighborhoods. In addition, 8.6% 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 54.2% 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 Union Square neighborhood, 37.8% 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.5%), and 14.1% 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 Union Square neighborhood is English, spoken by 93.5% of households. Other important languages spoken here include Polish 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 Union Square neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.1%). There are also a number of people of German ancestry (4.6%), and residents who report Mexican roots (4.5%), and some of the residents are also of African ancestry (4.0%), along with some Irish ancestry residents (3.8%), 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 Union Square neighborhood spend between 15 and 30 minutes commuting one-way to work (40.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (32.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (28.9%) and 13.1% of residents also hop out the door and walk to work 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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