Oak Hollow / Riverdale Forest median real estate price is $612,213, which is more expensive than 71.0% of the neighborhoods in Maryland and 74.2% of the neighborhoods in the U.S.
The average rental price in Oak Hollow / Riverdale Forest is currently $2,449, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.5% of Maryland neighborhoods.
Oak Hollow / Riverdale Forest is a suburban neighborhood (based on population density) located in Severna Park, Maryland. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Oak Hollow / Riverdale Forest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Oak Hollow / Riverdale Forest 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 Oak Hollow / Riverdale Forest are 3.7%, which is lower than one will find in 75.5% of American neighborhoods. Demand for real estate in Oak Hollow / Riverdale Forest 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.
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.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Oak Hollow / Riverdale Forest neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Oak Hollow / Riverdale Forest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
Of note is NeighborhoodScout's research finding that the Oak Hollow / Riverdale Forest 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 Oak Hollow / Riverdale Forest community truly stands out from the rest in this regard.
In addition, the Oak Hollow / Riverdale Forest neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 8.1% of family-friendly neighborhoods in the state of Maryland. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates.
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 Oak Hollow / Riverdale Forest neighborhood in Severna Park 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 93.0% 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 Oak Hollow / Riverdale Forest neighborhood, 48.3% 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 21.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.6%), and 11.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Oak Hollow / Riverdale Forest neighborhood is English, spoken by 94.6% of households. Other important languages spoken here include Italian, Polish and Spanish.
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 Oak Hollow / Riverdale Forest neighborhood in Severna Park, MD, residents most commonly identify their ethnicity or ancestry as German (22.7%). There are also a number of people of Italian ancestry (10.4%), and residents who report Irish roots (10.1%), and some of the residents are also of English ancestry (6.7%), along with some Polish ancestry residents (3.2%), 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 Oak Hollow / Riverdale Forest neighborhood spend between 15 and 30 minutes commuting one-way to work (29.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.