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Real Estate Prices & Overview

Hamden Southeast median real estate price is $617,166, which is more expensive than 76.6% of the neighborhoods in Connecticut and 75.6% of the neighborhoods in the U.S.

The average rental price in Hamden Southeast is currently $2,194, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.4% of Connecticut neighborhoods.

Hamden Southeast is a suburban neighborhood (based on population density) located in Hamden, Connecticut.

Hamden Southeast 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 Hamden Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Hamden Southeast are 5.2%, which is lower than one will find in 65.4% of American neighborhoods. Demand for real estate in Hamden Southeast is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Hamden Southeast neighborhood, where 54.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.5% of the neighborhoods in America.

In addition, a majority of the adults in the Hamden Southeast neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Connecticut by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.2% of the neighborhoods in Connecticut. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.

Also, 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 4.7% of America's neighborhoods are wealthier than the Hamden Southeast 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.

Occupations

The Hamden Southeast neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.9% of the neighborhoods in America. In fact, 75.5% 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.

Diversity

Did you know that the Hamden Southeast neighborhood has more Eastern European and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Eastern European ancestry and 21.7% have Italian ancestry.

Hamden Southeast is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 95.4% 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 Hamden Southeast neighborhood in Hamden are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.3% of the neighborhoods in America. In addition, 4.4% 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 66.5% 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 Hamden Southeast neighborhood, 75.5% 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 12.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.1%), and 4.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hamden Southeast neighborhood is English, spoken by 82.6% of households. Some people also speak Spanish (7.0%).

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 Hamden Southeast neighborhood in Hamden, CT, residents most commonly identify their ethnicity or ancestry as Irish (25.1%). There are also a number of people of Italian ancestry (21.7%), and residents who report English roots (10.5%), and some of the residents are also of German ancestry (9.7%), along with some Spanish ancestry residents (4.4%), among others. In addition, 13.0% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Hamden Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (44.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (67.5%) 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.


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