Central Business District / Hillside median real estate price is $413,379, which is more expensive than 40.2% of the neighborhoods in Connecticut and 55.0% of the neighborhoods in the U.S.
The average rental price in Central Business District / Hillside is currently $1,195, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% of Connecticut neighborhoods.
Central Business District / Hillside is an urban neighborhood (based on population density) located in Waterbury, Connecticut.
Central Business District / Hillside 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 Central Business District / Hillside neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Home and apartment vacancy rates are 7.5% in Central Business District / Hillside. NeighborhoodScout analysis shows that this rate is lower than 48.4% 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 Waterbury, the Central Business District / Hillside neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Central Business District / Hillside neighborhood stands out for having an average per capita income lower than 99.8% of the neighborhoods in the United States.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 65.2%. This is a higher percent living alone than we found in 99.3% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Our research shows that more people carpool to work here in the Central Business District / Hillside (32.9%) than in 99.2% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (19.9% ride the bus) than 98.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Finally, in the Central Business District / Hillside neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 13.7% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Renter-occupied real estate is dominant in the Central Business District / Hillside neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.0%, which is higher than 98.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, the real estate in the Central Business District / Hillside neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 89.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
Furthermore, the Central Business District / Hillside neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Central Business District / Hillside neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Central Business District / Hillside neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 57.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.
American households most often have a car, and regularly they have two or three. But households in the Central Business District / Hillside neighborhood buck this trend. 44.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
Did you know that the Central Business District / Hillside neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.3% of this neighborhood's residents have Puerto Rican ancestry and 5.9% have Dominican 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 Central Business District / Hillside neighborhood in Waterbury are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 34.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.5% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Central Business District / Hillside neighborhood, 32.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 31.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.8%), and 11.8% 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 Central Business District / Hillside neighborhood is English, spoken by 54.3% of households. Other important languages spoken here include Spanish and Polish.
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 Central Business District / Hillside neighborhood in Waterbury, CT, residents most commonly identify their ethnicity or ancestry as Puerto Rican (33.3%). There are also a number of people of Asian ancestry (10.2%), and residents who report Irish roots (8.5%), and some of the residents are also of Dominican ancestry (5.9%), along with some Italian ancestry residents (5.1%), among others. In addition, 17.7% 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 Central Business District / Hillside neighborhood spend under 15 minutes commuting one-way to work (57.8% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (14.1%) who commute over an hour in each direction.
Here most residents (32.9%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also ride the bus to get to work (19.9%) and 15.2% of residents also drive alone in a private automobile for their daily commute. Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.
