East Wolfeboro / Fernald median real estate price is $756,094, which is more expensive than 85.4% of the neighborhoods in New Hampshire and 81.2% of the neighborhoods in the U.S.
The average rental price in East Wolfeboro / Fernald is currently $1,759, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of New Hampshire neighborhoods.
East Wolfeboro / Fernald is a rural neighborhood (based on population density) located in Wolfeboro, New Hampshire.
East Wolfeboro / Fernald real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the East Wolfeboro / Fernald neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in East Wolfeboro / Fernald. The current real estate vacancy rate here is 43.8%. This is higher than the rate of vacancies in 98.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (41.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Despite all of the residential real estate here in the East Wolfeboro / Fernald neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 43.8%, which is higher than 98.1% of all U.S. neighborhoods.
In addition, one of the notable things about East Wolfeboro / Fernald is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The East Wolfeboro / Fernald neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the East Wolfeboro / Fernald neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.2% 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 97.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
If you're planning where to retire, the East Wolfeboro / Fernald neighborhood in Wolfeboro is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NH, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.1% of the neighborhoods in New Hampshire. If you are considering retiring to New Hampshire, this is a good neighborhood to look at.
Did you know that the East Wolfeboro / Fernald neighborhood has more French Canadian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have French Canadian ancestry and 3.3% have British ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the East Wolfeboro / Fernald neighborhood in Wolfeboro are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.3% of the neighborhoods in America. In addition, 4.5% 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 66.4% of America'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 East Wolfeboro / Fernald neighborhood, 39.0% 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 31.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 10.5% in clerical, assistant, and tech support 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 East Wolfeboro / Fernald neighborhood is English, spoken by 95.2% of households. Other important languages spoken here include Spanish and Polish.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the East Wolfeboro / Fernald neighborhood in Wolfeboro, NH, residents most commonly identify their ethnicity or ancestry as Irish (20.6%). There are also a number of people of English ancestry (15.5%), and residents who report German roots (7.6%), and some of the residents are also of French ancestry (5.5%), along with some French Canadian ancestry residents (5.4%), among others.
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 East Wolfeboro / Fernald neighborhood spend under 15 minutes commuting one-way to work (65.2% of working residents), one of the shortest commutes across America.
Here most residents (67.6%) 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 (10.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.