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Real Estate Prices & Overview

Monumental median real estate price is $202,402, which is less expensive than 88.0% of Maryland neighborhoods and 77.3% of all U.S. neighborhoods.

The average rental price in Monumental is currently $2,477, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.0% of Maryland neighborhoods.

Monumental is an urban neighborhood (based on population density) located in Halethorpe, Maryland.

Monumental real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Monumental neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Monumental, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.8% of all neighborhoods in the U.S. This means that the housing supply in Monumental 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.

Real Estate

If you love row houses and attached homes, you will probably really like the Monumental neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 64.8% of the residential real estate here is classified as row houses and attached homes.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Monumental neighborhood has more single mother households than 97.6% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Modes of Transportation

In the Monumental neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.5% of commuters carpool here, which is more than in 95.4% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Monumental neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Monumental neighborhood has more Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Jamaican ancestry.

The Neighbors

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 Monumental neighborhood in Halethorpe are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.0% of U.S. neighborhoods. With 35.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.1% 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 Monumental neighborhood, 39.5% of the working population is employed in manufacturing and laborer 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 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 14.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Monumental neighborhood is English, spoken by 85.1% of households. Some people also speak Spanish (10.8%).

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 Monumental neighborhood in Halethorpe, MD, residents most commonly identify their ethnicity or ancestry as Irish (13.5%). There are also a number of people of German ancestry (7.5%), and residents who report Italian roots (4.0%), and some of the residents are also of Jamaican ancestry (3.1%), along with some English ancestry residents (2.4%), among others. In addition, 12.6% 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 Monumental neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.3%) 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 (22.5%) . 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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Economics & Demographics include:
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Income & Unemployment Rate
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Crime includes:
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Schools include:
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