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Real Estate Prices & Overview

Shannons Town South median real estate price is $1,190,029, which is more expensive than 77.2% of the neighborhoods in Massachusetts and 90.4% of the neighborhoods in the U.S.

The average rental price in Shannons Town South is currently $4,291, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.2% of the neighborhoods in Massachusetts.

Shannons Town South is a densely urban neighborhood (based on population density) located in Brookline, Massachusetts.

Shannons Town South 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 occupied by a mixture of owners and renters. Many of the residences in the Shannons Town South 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.

Real estate vacancies in Shannons Town South are 3.6%, which is lower than one will find in 74.6% of American neighborhoods. Demand for real estate in Shannons Town South 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

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 Brookline, the Shannons Town South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Executives, managers and professionals make up 85.6% of the workforce in the Shannons Town South neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 56.2% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.6% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.8% of residents in the Shannons Town South neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.9% of the Shannons Town South neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.

Real Estate

The Shannons Town South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,471 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods. 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 Shannons Town South neighborhood is one of the most walkable neighborhoods in America.

In addition, one of the really unique and interesting things about the look and setting of the Shannons Town South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 85.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.5% of all neighborhoods in America.

Furthermore, the Shannons Town South 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 85.8% 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Shannons Town South neighborhood have a highly unusual car ownership. 32.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.

Diversity

Did you know that the Shannons Town South neighborhood has more Portuguese and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Portuguese ancestry and 2.5% have Eastern European ancestry.

Shannons Town South is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Shannons Town South neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Shannons Town South neighborhood in Brookline are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.7% of the neighborhoods in America. In addition, 6.7% 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 58.7% 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 Shannons Town South neighborhood, 85.6% 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 9.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (3.3%).

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 Shannons Town South neighborhood is English, spoken by 73.7% of households. Other important languages spoken here include Chinese, Russian, Korean and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Shannons Town South neighborhood in Brookline, MA, residents most commonly identify their ethnicity or ancestry as Irish (13.9%). There are also a number of people of Asian ancestry (13.6%), and residents who report English roots (12.7%), and some of the residents are also of German ancestry (6.9%), along with some Scottish ancestry residents (4.3%), among others. In addition, 24.1% 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 Shannons Town South neighborhood spend between 30 and 45 minutes commuting one-way to work (34.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (26.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (23.6%) and 10.1% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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