About Bethesda, MD (Westgate) Real Estate Prices and Overview Westgate median real estate price is $1,420,947, which is more expensive than 97.9% of the neighborhoods in Maryland and 95.5% of the neighborhoods in the U.S. The average rental price in Westgate is currently $5,135, based on 蘑菇视频's exclusive analysis. The average rental cost in this neighborhood is higher than 98.3% of the neighborhoods in Maryland. Westgate is an urban neighborhood (based on population density) located in Bethesda, Maryland. Westgate real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Westgate neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940. In Westgate, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 81.6% of all neighborhoods in the U.S. This means that the housing supply in Westgate is very tight compared to the demand for property here. Notable & Unique Neighborhood Characteristics Notable & Unique: People If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.6% of America's neighborhoods are wealthier than the Westgate neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Westgate also has one of the lowest ratings of child poverty in the nation. In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Westgate neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 100.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Westgate neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children. Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. 蘑菇视频's research revealed that a full 94.7% of the adults living in the Westgate neighborhood have earned at least a bachelor's degree. This is a higher rate than 蘑菇视频 found in 99.9% of U.S. neighborhoods. In this way, this neighborhood truly stands out. Notable & Unique: Occupations The Westgate neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.3% of the neighborhoods in America. In fact, 82.1% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about. Notable & Unique: Modes of Transportation In the Westgate neighborhood, many people's commute means walking from the bedroom to the home office. 蘑菇视频's analysis found that 40.1% 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 99.0% 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. Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.5% of residents in the Westgate neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.8% of all neighborhoods in the U.S., according to 蘑菇视频's exclusive analysis. Notable & Unique: Real Estate Owner-occupied real estate dominates the Westgate neighborhood. In fact, according to 蘑菇视频 research, the percentage of residential real estate occupied by its owner is higher here than in 97.0% of neighborhoods in America. In addition, the Westgate neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.3% of all neighborhoods in America. Notable & Unique: Diversity Did you know that the Westgate neighborhood has more Armenian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Armenian ancestry and 4.0% have Russian ancestry. Westgate is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America. The Neighbors: Income 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 Westgate neighborhood in Bethesda are wealthy, making it among the 15% highest income neighborhoods in America. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 99.4% 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 Neighbors: Occupations What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle. In the Westgate neighborhood, 82.1% 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 14.3% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (12.0%), and 2.4% in clerical, assistant, and tech support occupations. The Neighbors: 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 Westgate neighborhood is English, spoken by 79.5% of households. Other important languages spoken here include Spanish, French and German/Yiddish. The Neighbors: 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 Westgate neighborhood in Bethesda, MD, residents most commonly identify their ethnicity or ancestry as Irish (15.2%). There are also a number of people of English ancestry (13.4%), and residents who report German roots (11.9%), and some of the residents are also of Italian ancestry (9.8%), along with some Asian ancestry residents (4.5%), among others. In addition, 12.0% of the residents of this neighborhood were born in another country. Getting to Work How you get to work 鈥� car, bus, train or other means 鈥� 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 Westgate neighborhood spend between 30 and 45 minutes commuting one-way to work (34.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. Here most residents (36.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (8.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.