Union Square median real estate price is $385,268, which is more expensive than 37.3% of the neighborhoods in Maryland and 45.3% of the neighborhoods in the U.S.
The average rental price in Union Square is currently $2,177, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.2% 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 32.9%. This is higher than the rate of vacancies in 96.2% 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.
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.
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.
In addition, for many reasons, Union Square is rated by NeighborhoodScout as one of the top 1.5% of ideal neighborhoods for first-time home buyers in the state of Maryland. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other MD neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.
Our research revealed that more commuters here take the bus to work (31.1% ride the bus) than 99.7% 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.
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 74.5% 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 0.3% 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, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Union Square neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 32.9% of the residential real estate vacant, the Union Square neighborhood claims the distinction of having a higher vacancy rate than 96.2% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 92.9% of the residential real estate in the Union Square neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 100.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Union Square neighborhood have a highly unusual car ownership. 39.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.1% of U.S. neighborhoods.
Did you know that the Union Square neighborhood has more Sub-Saharan African and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.8% of this neighborhood's residents have Sub-Saharan African ancestry and 1.4% have Lithuanian ancestry.
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 middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.1% of the neighborhoods in America. With 12.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.7% 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 Union Square neighborhood, 43.8% 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 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 11.1% in clerical, assistant, and tech support occupations.
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 87.3% of households. Other important languages spoken here include Spanish and Polish.
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 Union Square neighborhood in Baltimore, MD, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (17.8%). There are also a number of people of Mexican ancestry (7.2%), and residents who report Irish roots (5.7%), and some of the residents are also of German ancestry (5.6%), along with some English ancestry residents (4.6%), among others. In addition, 11.0% of the residents of this neighborhood were born in another country.
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 Union Square neighborhood spend between 30 and 45 minutes commuting one-way to work (40.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (31.1%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.7%) and 19.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Union Square neighborhood of Baltimore by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.