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Real Estate Prices & Overview

Cherry Valley / Rochdale median real estate price is $468,667, which is less expensive than 77.8% of Massachusetts neighborhoods and 37.0% of all U.S. neighborhoods.

The average rental price in Cherry Valley / Rochdale is currently $2,056, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.7% of Massachusetts neighborhoods.

Cherry Valley / Rochdale is a rural neighborhood (based on population density) located in Leicester, Massachusetts.

Cherry Valley / Rochdale 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 Cherry Valley / Rochdale neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Cherry Valley / Rochdale are 3.8%, which is lower than one will find in 75.1% of American neighborhoods. Demand for real estate in Cherry Valley / Rochdale is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the Cherry Valley / Rochdale neighborhood has more French and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.4% of this neighborhood's residents have French ancestry and 2.6% have Lithuanian ancestry.

Cherry Valley / Rochdale is also pretty special linguistically. Significantly, 5.3% 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 99.3% of the neighborhoods in America.

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 Cherry Valley / Rochdale neighborhood in Leicester are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.2% of the neighborhoods in America. In addition, 9.2% 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 52.8% of America'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 Cherry Valley / Rochdale neighborhood, 42.2% 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 24.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.4%), and 12.5% in clerical, assistant, and tech support occupations.

Languages

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 Cherry Valley / Rochdale neighborhood is English, spoken by 94.2% of households. Other important languages spoken here include Polish, Portuguese and Spanish.

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 Cherry Valley / Rochdale neighborhood in Leicester, MA, residents most commonly identify their ethnicity or ancestry as Irish (26.1%). There are also a number of people of Italian ancestry (20.1%), and residents who report French roots (16.4%), and some of the residents are also of English ancestry (8.4%), along with some French Canadian ancestry residents (7.7%), 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 Cherry Valley / Rochdale neighborhood spend under 15 minutes commuting one-way to work (31.4% of working residents), one of the shortest commutes across America.

Here most residents (80.3%) 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 (6.4%) . 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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