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Oakview (Tract 701602)

Montgomery, Maryland

FIPS 24031701602

Juniper

Oakview (Tract 701602) is in the lowest 9% nationally for FEMA risk score. It also sits in the lowest 6% nationally for home price growth over the past year. And it sits in the lowest 9% nationally for home price growth over five years.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$542,013

Higher than 74% of U.S. tracts
Home Price Growth, Past Five Years

31%

Lower than 91% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

9.6

Lower than 91% of U.S. tracts

The basics

Total Population

7,158

Median Age

33

Population Density

11,022.17

Home values & property tax

Median Property Tax

$4,568

Property Tax Rateyearly tax as a share of home value

0.93%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.19×

Higher than 83% of U.S. tracts
Median Income

$79,531

Near the U.S. tracts median
Median Rent

$1,887

Higher than 78% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-7.7%

Lower than 94% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

27%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

40%

Climate & weather

Summer Avg High (°F)

85.2

Winter Avg Low (°F)

27.3

Avg Temperature (°F)

55.9

Hot Days/yr (>90°F)

29.7

Freezing Days/yr (<32°F)

95.4

Annual Precipitation (in)

48

Annual Snowfall (in)

15.8

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Oakview (Tract 701602): frequently asked questions

What is the typical home value in Oakview (Tract 701602)?
The estimated median home value in Oakview (Tract 701602) today is $542,013, higher than 74% of U.S. tracts.
How much is property tax in Oakview (Tract 701602)?
The median annual property tax in Oakview (Tract 701602) is $4,568, an effective rate of 0.93% of home value.
Is Oakview (Tract 701602) expensive to live in?
Homes in Oakview (Tract 701602) cost about 6.19× the median household income, higher than 83% of U.S. tracts.
What is the average rent in Oakview (Tract 701602)?
The median gross rent in Oakview (Tract 701602) is $1,887 a month, higher than 78% of U.S. tracts.
How much have home prices grown in Oakview (Tract 701602)?
Home prices in Oakview (Tract 701602) have moved 31% over the past five years (-7.7% in the past year), per the FHFA House Price Index.
How many people live in Oakview (Tract 701602)?
Oakview (Tract 701602) has a population of 7,158, about 11,022.17 people per square mile, per the U.S. Census American Community Survey. The median age is 33.
What is the weather like in Oakview (Tract 701602)?
Oakview (Tract 701602) averages 55.9°F year-round, summer highs near 85.2°F, winter lows around 27.3°F (NOAA 1991–2020 normals). It sees about 15.8 inches of snow a year.
Is Oakview (Tract 701602) at risk of flooding or natural disasters?
Oakview (Tract 701602)'s FEMA National Risk Index score is 9.6 (lower than 91% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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