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Real Estate Prices & Overview

Melwood Springs / Equestrian Estates median real estate price is $710,241, which is more expensive than 78.8% of the neighborhoods in Maryland and 79.0% of the neighborhoods in the U.S.

The average rental price in Melwood Springs / Equestrian Estates is currently $4,146, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.0% of the neighborhoods in Maryland.

Melwood Springs / Equestrian Estates is a rural neighborhood (based on population density) located in Upper Marlboro, Maryland.

Melwood Springs / Equestrian Estates real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Melwood Springs / Equestrian Estates neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Melwood Springs / Equestrian Estates, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 80.4% of all neighborhoods in the U.S. This means that the housing supply in Melwood Springs / Equestrian Estates is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Occupations

The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Melwood Springs / Equestrian Estates neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 23.2% of its workforce, this neighborhood has a greater concentration of government workers than 99.5% of U.S. neighborhoods.

Real Estate

One way that the Melwood Springs / Equestrian Estates neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

The Melwood Springs / Equestrian Estates neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 91.8% of Maryland neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state.

Diversity

Did you know that the Melwood Springs / Equestrian Estates neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.9% of this neighborhood's residents have Sub-Saharan African ancestry and 10.3% have African ancestry.

Melwood Springs / Equestrian Estates is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 95.0% 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 Melwood Springs / Equestrian Estates neighborhood in Upper Marlboro 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 94.5% of the neighborhoods in America. In addition, 7.1% 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 57.8% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Melwood Springs / Equestrian Estates neighborhood, 66.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 23.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.8%), and 10.5% 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 Melwood Springs / Equestrian Estates neighborhood is English, spoken by 83.4% of households. Other important languages spoken here include Spanish, Chinese and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

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 Melwood Springs / Equestrian Estates neighborhood in Upper Marlboro, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (17.9%). There are also a number of people of African ancestry (10.3%), and residents who report Asian roots (5.7%), and some of the residents are also of German ancestry (2.3%), along with some Spanish ancestry residents (1.5%), among others. In addition, 12.7% of the residents of this neighborhood were born in another country.

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 Melwood Springs / Equestrian Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (35.1% of working residents), longer and tougher than most commutes in America.

Here most residents (67.0%) 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 (10.1%) . 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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