Maple Street - Cotage Avenue median real estate price is $477,132, which is less expensive than 79.3% of Massachusetts neighborhoods and 37.4% of all U.S. neighborhoods.
The average rental price in Maple Street - Cotage Avenue is currently $2,079, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.4% of Massachusetts neighborhoods.
Maple Street - Cotage Avenue is a densely urban neighborhood (based on population density) located in New Bedford, Massachusetts.
Maple Street - Cotage Avenue 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 Maple Street - Cotage Avenue 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.
Maple Street - Cotage Avenue has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.7% 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 Maple Street - Cotage Avenue neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the Maple Street - Cotage Avenue neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Maple Street - Cotage Avenue community truly stands out from the rest in this regard.
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 Maple Street - Cotage Avenue 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 53.8% of the real estate here is made up of such dwellings, which is higher than 98.8% of all U.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 Maple Street - Cotage Avenue neighborhood is one of the most walkable neighborhoods in America.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Maple Street - Cotage Avenue neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 80.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.7% of the neighborhoods in the United States.
Did you know that the Maple Street - Cotage Avenue neighborhood has more Portuguese and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.1% of this neighborhood's residents have Portuguese ancestry and 2.1% have Austrian ancestry.
Maple Street - Cotage Avenue is also pretty special linguistically. Significantly, 15.9% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Maple Street - Cotage Avenue neighborhood in New Bedford are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.3% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Maple Street - Cotage Avenue neighborhood, 35.2% 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 32.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.0%), and 14.4% in manufacturing and laborer 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 Maple Street - Cotage Avenue neighborhood is English, spoken by 78.6% 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 Maple Street - Cotage Avenue neighborhood in New Bedford, MA, residents most commonly identify their ethnicity or ancestry as Portuguese (30.1%). There are also a number of people of Irish ancestry (11.3%), and residents who report French roots (7.6%), and some of the residents are also of English ancestry (6.2%), along with some Sub-Saharan African ancestry residents (6.0%), among others. In addition, 10.7% 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 Maple Street - Cotage Avenue neighborhood spend under 15 minutes commuting one-way to work (47.6% of working residents), one of the shortest commutes across America.
Here most residents (68.8%) 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 (18.0%) and 6.5% of residents also hop out the door and walk to work 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.