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Real Estate Prices & Overview

Courthouse Walk / City Center median real estate price is $576,393, which is more expensive than 61.5% of the neighborhoods in Maryland and 70.1% of the neighborhoods in the U.S.

The average rental price in Courthouse Walk / City Center is currently $2,661, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.8% of the neighborhoods in Maryland.

Courthouse Walk / City Center is an urban neighborhood (based on population density) located in Rockville, Maryland.

Courthouse Walk / City Center real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Courthouse Walk / City Center neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.6% in Courthouse Walk / City Center. NeighborhoodScout analysis shows that this rate is lower than 40.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Rockville, the Courthouse Walk / City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Courthouse Walk / City Center 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 Courthouse Walk / City Center community truly stands out from the rest in this regard.

In addition, courthouse Walk / City Center has the amazing distinction of housing more same sex couples living together than 97.4% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 35.9% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 95.4% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.9% of the Courthouse Walk / City Center neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.

Also, in the Courthouse Walk / City Center neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.7% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Real Estate

The real estate in the Courthouse Walk / City Center neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 84.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.3% of American neighborhoods.

In addition, the Courthouse Walk / City Center neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

Executives, managers and professionals make up 71.4% of the workforce in the Courthouse Walk / City Center neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Furthermore, 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 Courthouse Walk / City Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.5% of its workforce, this neighborhood has a greater concentration of government workers than 95.9% of U.S. neighborhoods.

Diversity

Did you know that the Courthouse Walk / City Center neighborhood has more Belgian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Belgian ancestry and 31.2% have Asian ancestry.

Courthouse Walk / City Center is also pretty special linguistically. Significantly, 21.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.3% 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 Courthouse Walk / City Center neighborhood in Rockville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.5% 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.

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 Courthouse Walk / City Center neighborhood, 71.4% 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 18.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (13.5%), and 6.5% in manufacturing and laborer 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 Courthouse Walk / City Center neighborhood is English, spoken by 55.0% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and Tagalog (the first language of the Philippine region).

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 Courthouse Walk / City Center neighborhood in Rockville, MD, residents most commonly identify their ethnicity or ancestry as Asian (31.2%). There are also a number of people of German ancestry (11.3%), and residents who report English roots (8.1%), and some of the residents are also of Irish ancestry (8.0%), along with some Polish ancestry residents (6.7%), among others. In addition, 40.4% of the residents of this neighborhood were born in another country.

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 Courthouse Walk / City Center neighborhood spend between 30 and 45 minutes commuting one-way to work (36.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (30.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.9%) and 6.7% of residents also carpool with coworkers, friends, or neighbors 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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