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Real Estate Prices & Overview

Pakachoag median real estate price is $482,508, which is less expensive than 76.1% of Massachusetts neighborhoods and 35.3% of all U.S. neighborhoods.

The average rental price in Pakachoag is currently $2,532, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.2% of Massachusetts neighborhoods.

Pakachoag is a suburban neighborhood (based on population density) located in Auburn, Massachusetts.

Pakachoag real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Pakachoag neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Pakachoag, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.9% of all neighborhoods in the U.S. This means that the housing supply in Pakachoag is very tight compared to the demand for property here.

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 Auburn, the Pakachoag neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Pakachoag neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Pakachoag neighborhood has more Irish and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.7% of this neighborhood's residents have Irish ancestry and 3.5% have Lithuanian ancestry.

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 Pakachoag neighborhood in Auburn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.9% of the neighborhoods in America. 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.

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 Pakachoag neighborhood, 58.9% 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 18.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 10.0% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Pakachoag neighborhood is English, spoken by 94.2% of households.

Ethnicity / Ancestry

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 Pakachoag neighborhood in Auburn, MA, residents most commonly identify their ethnicity or ancestry as Irish (34.7%). There are also a number of people of English ancestry (13.5%), and residents who report Italian roots (11.8%), and some of the residents are also of French ancestry (8.9%), along with some Polish ancestry residents (6.8%), among others.

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 Pakachoag neighborhood spend under 15 minutes commuting one-way to work (32.5% of working residents), one of the shortest commutes across America.

Here most residents (81.7%) drive alone in a private automobile to get to work. 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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