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Real Estate Prices & Overview

Main St / Jefferson Ave median real estate price is $223,771, which is less expensive than 98.6% of Massachusetts neighborhoods and 73.9% of all U.S. neighborhoods.

The average rental price in Main St / Jefferson Ave is currently $1,444, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.5% of Massachusetts neighborhoods.

Main St / Jefferson Ave is an urban neighborhood (based on population density) located in Springfield, Massachusetts.

Main St / Jefferson Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Main St / Jefferson Ave 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.

Main St / Jefferson Ave has a 12.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.2% 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

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 Springfield, the Main St / Jefferson Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Main St / Jefferson Ave neighborhood has more single mother households than 99.4% 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 Main St / Jefferson Ave neighborhood stands out for having an average per capita income lower than 99.2% of the neighborhoods in the United States. Also of note, 66.5% 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.

Real Estate

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 Main St / Jefferson Ave 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 51.3% of the real estate here is made up of such dwellings, which is higher than 98.5% of all U.S. neighborhoods.

In addition, renter-occupied real estate is dominant in the Main St / Jefferson Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.7%, which is higher than 95.6% 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.

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 70.8% of the residential real estate in the Main St / Jefferson Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

More people in Main St / Jefferson Ave choose to walk to work each day (13.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Main St / Jefferson Ave neighborhood buck this trend. 24.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.2% of U.S. neighborhoods.

Diversity

Did you know that the Main St / Jefferson Ave neighborhood has more Puerto Rican and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 76.2% of this neighborhood's residents have Puerto Rican ancestry and 12.4% have Polish ancestry.

Main St / Jefferson Ave is also pretty special linguistically. Significantly, 71.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% 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 Main St / Jefferson Ave neighborhood in Springfield are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 66.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.0% 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 Main St / Jefferson Ave neighborhood, 30.4% of the working population is employed in clerical, assistant, and tech support 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 27.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.1%), and 15.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Main St / Jefferson Ave neighborhood is Spanish, spoken by 71.8% of households. Some people also speak English (27.7%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Main St / Jefferson Ave neighborhood in Springfield, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (76.2%). There are also a number of people of Polish ancestry (12.4%), and residents who report South American roots (4.3%), and some of the residents are also of Mexican ancestry (3.5%), along with some Italian ancestry residents (3.4%), among others. In addition, 12.8% 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 Main St / Jefferson Ave neighborhood spend under 15 minutes commuting one-way to work (47.8% of working residents), one of the shortest commutes across America.

Here most residents (49.3%) 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 (18.3%) and 13.2% 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.


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