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Real Estate Prices & Overview

Holyoke Southeast median real estate price is $337,549, which is less expensive than 93.7% of Massachusetts neighborhoods and 55.7% of all U.S. neighborhoods.

The average rental price in Holyoke Southeast is currently $1,425, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.9% of Massachusetts neighborhoods.

Holyoke Southeast is an urban neighborhood (based on population density) located in Holyoke, Massachusetts.

Holyoke Southeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Holyoke Southeast 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.

Holyoke Southeast has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Holyoke Southeast neighborhood has more single mother households than 99.8% 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.

In addition, the Holyoke Southeast neighborhood stands out for having an average per capita income lower than 99.5% of the neighborhoods in the United States. Also of note, 88.1% 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.

Also, neighborhoodScout's exclusive research revealed that 94.3% of the adult residents in the Holyoke Southeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.1% of the neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.4% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Holyoke Southeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.1%, which is higher than 98.5% 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 Holyoke Southeast 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, 84.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.3% of American neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 69.7% of the residential real estate in the Holyoke Southeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

There are more people living in the Holyoke Southeast neighborhood employed as sales and service workers (58.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Holyoke Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Holyoke Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.7% 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 96.3% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Holyoke Southeast neighborhood has more Puerto Rican and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 77.2% of this neighborhood's residents have Puerto Rican ancestry and 1.4% have Lithuanian ancestry.

Holyoke Southeast is also pretty special linguistically. Significantly, 61.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.0% of all U.S. neighborhoods.

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 Holyoke Southeast neighborhood in Holyoke are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.5% of U.S. neighborhoods. With 88.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% 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 Holyoke Southeast neighborhood, 42.0% 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 clerical, assistant, and tech support occupations, with 24.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.3%), and 11.5% in executive, management, and professional occupations.

Languages

The most common language spoken in the Holyoke Southeast neighborhood is Spanish, spoken by 61.4% of households. Some people also speak English (37.4%).

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 Holyoke Southeast neighborhood in Holyoke, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (77.2%). There are also a number of people of Mexican ancestry (2.4%), and residents who report Irish roots (1.8%), and some of the residents are also of Lithuanian ancestry (1.4%).

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 Holyoke Southeast neighborhood spend under 15 minutes commuting one-way to work (60.7% of working residents), one of the shortest commutes across America.

Here most residents (52.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.3%) . 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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