Bolton Street - Osborn Street median real estate price is $385,052, which is less expensive than 89.0% of Massachusetts neighborhoods and 49.7% of all U.S. neighborhoods.
The average rental price in Bolton Street - Osborn Street is currently $1,698, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.1% of Massachusetts neighborhoods.
Bolton Street - Osborn Street is an urban neighborhood (based on population density) located in New Bedford, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Bolton Street - Osborn Street 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 occupied by a mixture of owners and renters. Many of the residences in the Bolton Street - Osborn Street 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 1970 and 1999.
Bolton Street - Osborn Street has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.1% 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.
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 New Bedford, the Bolton Street - Osborn Street neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Bolton Street - Osborn Street is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Bolton Street - Osborn Street is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
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 Bolton Street - Osborn Street 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 69.0% of the real estate here is made up of such dwellings, which is higher than 99.7% of all U.S. 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 56.4% of the residential real estate in the Bolton Street - Osborn Street neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Each year, fewer and fewer Americans make their living as farmers, foresters, or fishers. But the Bolton Street - Osborn Street neighborhood truly stands out among U.S. neighborhoods. According to exclusive NeighborhoodScout analysis, this neighborhood has a greater proportion of farmers, foresters, or fishers than 98.8% of all American neighborhoods. This is truly a unique cultural characteristic of this neighborhood.
Did you know that the Bolton Street - Osborn Street neighborhood has more Portuguese and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.2% of this neighborhood's residents have Portuguese ancestry and 3.1% have Brazilian ancestry.
Bolton Street - Osborn Street is also pretty special linguistically. Significantly, 44.4% of its residents five years old and above primarily speak Portuguese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
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 Bolton Street - Osborn Street neighborhood in New Bedford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.6% of U.S. neighborhoods. With 13.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.1% 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 Bolton Street - Osborn Street neighborhood, 34.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 25.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.5%), and 15.2% in executive, management, and professional occupations.
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 Bolton Street - Osborn Street neighborhood is English, spoken by 48.0% of households. Other important languages spoken here include Portuguese and Spanish.
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 Bolton Street - Osborn Street neighborhood in New Bedford, MA, residents most commonly identify their ethnicity or ancestry as Portuguese (41.2%). There are also a number of people of Sub-Saharan African ancestry (16.7%), and residents who report Puerto Rican roots (11.4%), and some of the residents are also of Irish ancestry (9.7%), along with some English ancestry residents (4.5%), among others. In addition, 33.4% of the residents of this neighborhood were born in another country.
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 Bolton Street - Osborn Street neighborhood spend under 15 minutes commuting one-way to work (46.9% of working residents), one of the shortest commutes across America.
Here most residents (82.5%) 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 (12.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.