Old Mystic median real estate price is $459,415, which is more expensive than 53.5% of the neighborhoods in Connecticut and 61.4% of the neighborhoods in the U.S.
The average rental price in Old Mystic is currently $2,887, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.8% of the neighborhoods in Connecticut.
Old Mystic is a rural neighborhood (based on population density) located in Groton, Connecticut.
Old Mystic real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Old Mystic neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.9% in Old Mystic. NeighborhoodScout analysis shows that this rate is lower than 48.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Groton, the Old Mystic neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you're looking for a great spot to raise a family, then look no further than the Old Mystic neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 11.6% of family-friendly neighborhoods across the state of Connecticut. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.
Did you know that the Old Mystic neighborhood has more Lithuanian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Lithuanian ancestry and 1.2% have Lebanese ancestry.
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 Old Mystic neighborhood in Groton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 82.5% of the neighborhoods in America. In addition, 2.9% 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 71.7% 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 Old Mystic neighborhood, 52.2% 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 16.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.7%), and 15.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Old Mystic neighborhood is English, spoken by 92.2% of households. Some people also speak Polish (3.9%).
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 Old Mystic neighborhood in Groton, CT, residents most commonly identify their ethnicity or ancestry as English (20.5%). There are also a number of people of Irish ancestry (16.0%), and residents who report German roots (15.1%), and some of the residents are also of Italian ancestry (12.6%), along with some French ancestry residents (6.7%), among others.
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 Old Mystic neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (83.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.