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Real Estate Prices & Overview

Newhallville median real estate price is $420,534, which is more expensive than 43.8% of the neighborhoods in Connecticut and 55.2% of the neighborhoods in the U.S.

The average rental price in Newhallville is currently $2,271, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.2% of Connecticut neighborhoods.

Newhallville is a densely urban neighborhood (based on population density) located in New Haven, Connecticut.

Newhallville real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Newhallville neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Newhallville. The current real estate vacancy rate here is 19.9%. This is higher than the rate of vacancies in 86.6% 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Newhallville neighborhood has more single mother households than 99.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Newhallville neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 53.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.7% of America's neighborhoods.

In addition, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Newhallville neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.

Diversity

Did you know that the Newhallville neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Haitian ancestry and 6.3% have Jamaican ancestry.

Newhallville is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 96.1% 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 Newhallville neighborhood in New Haven are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.1% of U.S. neighborhoods. With 42.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Newhallville neighborhood, 29.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.8%), and 19.9% in manufacturing and laborer occupations.

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 Newhallville neighborhood is English, spoken by 91.7% of households. Other important languages spoken here include Spanish and French.

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 Newhallville neighborhood in New Haven, CT, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (13.4%). There are also a number of people of Puerto Rican ancestry (10.6%), and residents who report African roots (9.0%), and some of the residents are also of Jamaican ancestry (6.3%), along with some Haitian ancestry residents (5.4%), among others.

Getting to Work

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 Newhallville neighborhood spend under 15 minutes commuting one-way to work (37.7% of working residents), one of the shortest commutes across America.

Here most residents (60.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.2%) and 12.3% of residents also carpool with coworkers, friends, or neighbors 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.


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