Clay-Arsenal median real estate price is $236,082, which is less expensive than 91.9% of Connecticut neighborhoods and 72.0% of all U.S. neighborhoods.
The average rental price in Clay-Arsenal is currently $1,981, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.3% of Connecticut neighborhoods.
Clay-Arsenal is a densely urban neighborhood (based on population density) located in Hartford, Connecticut.
Clay-Arsenal real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Clay-Arsenal neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Clay-Arsenal. The current real estate vacancy rate here is 19.3%. This is higher than the rate of vacancies in 85.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Hartford, the Clay-Arsenal neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Clay-Arsenal neighborhood stands out for having an average per capita income lower than 98.3% of the neighborhoods in the United States. Also of note, 58.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, the Clay-Arsenal neighborhood is unique for having just 5.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.0% of America's neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 98.1% of U.S. neighborhoods.
93.0% of the real estate in the Clay-Arsenal neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Clay-Arsenal neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 40.6% of the real estate here is made up of such dwellings, which is higher than 97.2% of all U.S. neighborhoods.
Did you know that the Clay-Arsenal neighborhood has more Puerto Rican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.3% of this neighborhood's residents have Puerto Rican ancestry and 18.2% have Jamaican ancestry.
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 Clay-Arsenal neighborhood in Hartford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.3% of U.S. neighborhoods. With 58.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.4% of U.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 Clay-Arsenal neighborhood, 27.2% 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 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.7%), and 22.1% in executive, management, and professional occupations.
The most common language spoken in the Clay-Arsenal neighborhood is English, spoken by 57.4% of households. Some people also speak Spanish (40.9%).
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 Clay-Arsenal neighborhood in Hartford, CT, residents most commonly identify their ethnicity or ancestry as Puerto Rican (46.3%). There are also a number of people of Jamaican ancestry (18.2%), and residents who report Sub-Saharan African roots (2.5%), and some of the residents are also of African ancestry (2.5%), along with some Asian ancestry residents (1.6%), among others. In addition, 13.7% of the residents of this neighborhood were born in another country.
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 Clay-Arsenal neighborhood spend between 15 and 30 minutes commuting one-way to work (43.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.6%) 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 (19.7%) and 17.8% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.