Upper River Mill median real estate price is $421,383, which is less expensive than 81.4% of Massachusetts neighborhoods and 44.3% of all U.S. neighborhoods.
The average rental price in Upper River Mill is currently $1,997, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.8% of Massachusetts neighborhoods.
Upper River Mill is a densely urban neighborhood (based on population density) located in New Bedford, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Upper River Mill 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 Upper River Mill 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.
Upper River Mill has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.6% 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.
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 New Bedford, the Upper River Mill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
If you like crowded places, then you will probably enjoy the the Upper River Mill neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.3% of neighborhoods in the U.S., with 21,737 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Upper River Mill neighborhood is one of the most walkable neighborhoods in America. Upper River Mill is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Upper River Mill is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
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 Upper River Mill 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, 55.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.9% of America's neighborhoods.
Furthermore, 93.8% of the real estate in the Upper River Mill neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, 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 84.7% of the residential real estate in the Upper River Mill neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
Our research shows that more people carpool to work here in the Upper River Mill (40.9%) than in 99.8% of the neighborhoods in America.
Occupations
More people work in manufacturing and as laborers here in the Upper River Mill neighborhood than in 98.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
People
One of the unique characteristics of the Upper River Mill neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.1% of the neighborhoods in America. Also of note, 59.8% 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.
In addition, the Upper River Mill neighborhood is unique for having just 6.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.1% of America's neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Upper River Mill neighborhood has a highly unusual pattern of car ownership. 19.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.0% of U.S. neighborhoods.
Diversity
Did you know that the Upper River Mill neighborhood has more Portuguese and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have Portuguese ancestry and 8.2% have Dominican ancestry.
Upper River Mill is also pretty special linguistically. Significantly, 15.2% 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 99.9% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Upper River Mill neighborhood has a greater percentage of residents born in another country (48.0%) than are found in 97.1% of all U.S. neighborhoods.
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 Upper River Mill neighborhood in New Bedford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 59.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Upper River Mill neighborhood, 47.7% 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 24.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.7%), and 6.8% in executive, management, and professional 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 Upper River Mill neighborhood is Spanish, spoken by 37.9% of households. Other important languages spoken here include English, Portuguese and French.
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 Upper River Mill neighborhood in New Bedford, MA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (15.7%). There are also a number of people of Portuguese ancestry (12.5%), and residents who report Puerto Rican roots (11.6%), and some of the residents are also of Dominican ancestry (8.2%), along with some French ancestry residents (7.5%), among others. In addition, 48.0% of the residents of this neighborhood were born in another country.
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 Upper River Mill neighborhood spend under 15 minutes commuting one-way to work (52.3% of working residents), one of the shortest commutes across America.
Here most residents (44.7%) 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 (40.9%) and 8.2% 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.
