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Real Estate Prices & Overview

Lochearn South median real estate price is $351,257, which is more expensive than 29.3% of the neighborhoods in Maryland and 48.1% of the neighborhoods in the U.S.

The average rental price in Lochearn South is currently $2,684, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.6% of Maryland neighborhoods.

Lochearn South is a suburban neighborhood (based on population density) located in Gwynn Oak, Maryland.

Lochearn South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Lochearn South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Lochearn South are 4.1%, which is lower than one will find in 72.5% of American neighborhoods. Demand for real estate in Lochearn South is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Gwynn Oak, the Lochearn South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Lochearn South neighborhood could be your paradise. With 40.3% 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 1.9% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Occupations

The Lochearn South neighborhood has a greater proportion of government workers living in it than 97.2% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Diversity

Did you know that the Lochearn South neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.1% of this neighborhood's residents have Sub-Saharan African ancestry and 7.5% have Jamaican ancestry.

Lochearn South is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.8% 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 Lochearn South neighborhood in Gwynn Oak are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.2% of the neighborhoods in America. With 15.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.8% of U.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 Lochearn South neighborhood, 39.7% 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 23.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.8%), and 15.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lochearn South neighborhood is English, spoken by 97.0% of households. Some people also speak African languages (2.8%).

Ethnicity / Ancestry

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 Lochearn South neighborhood in Gwynn Oak, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (24.1%). There are also a number of people of African ancestry (10.5%), and residents who report Jamaican roots (7.5%), and some of the residents are also of Irish ancestry (4.0%), along with some German ancestry residents (1.8%), among others.

Getting to Work

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 Lochearn South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.3%) 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 (10.8%) and 5.1% of residents also ride the bus 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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