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Real Estate Prices & Overview

Metro Center North median real estate price is $265,309, which is less expensive than 97.5% of Massachusetts neighborhoods and 69.0% of all U.S. neighborhoods.

The average rental price in Metro Center North is currently $1,639, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.6% of Massachusetts neighborhoods.

Metro Center North is an urban neighborhood (based on population density) located in Springfield, Massachusetts.

Metro Center North 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 renter occupied. Many of the residences in the Metro Center North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Metro Center North, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.4% of all neighborhoods in the U.S. This means that the housing supply in Metro Center North is very tight compared to the demand for property here.

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

The Metro Center North neighborhood stands out for having an average per capita income lower than 99.4% of the neighborhoods in the United States.

In addition, one of the most interesting things about the Metro Center North neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 55.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.6% of the neighborhoods in America.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Metro Center North neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 11.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.3% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Metro Center North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.7%, which is higher than 97.3% 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, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Metro Center North neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 32.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.6% of America's neighborhoods.

Diversity

Did you know that the Metro Center North neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 48.6% of this neighborhood's residents have Puerto Rican ancestry and 7.9% have Dominican ancestry.

Metro Center North is also pretty special linguistically. Significantly, 58.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.4% 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 Metro Center North 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 99.4% of U.S. neighborhoods. With 39.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.9% 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 Metro Center North neighborhood, 40.0% of the working population is employed in manufacturing and laborer 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 18.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (15.6%), and 13.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Metro Center North neighborhood is Spanish, spoken by 58.3% of households. Some people also speak English (38.9%).

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 Metro Center North neighborhood in Springfield, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (48.6%). There are also a number of people of Dominican ancestry (7.9%), and residents who report Sub-Saharan African roots (2.5%), and some of the residents are also of Eastern European ancestry (1.6%), along with some Polish ancestry residents (1.5%), among others. In addition, 24.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Metro Center North neighborhood spend between 15 and 30 minutes commuting one-way to work (40.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (71.2%) 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 (18.1%) . 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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