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Real Estate Prices & Overview

Metro Center North median real estate price is $277,435, which is less expensive than 96.3% of Massachusetts neighborhoods and 64.2% of all U.S. neighborhoods.

The average rental price in Metro Center North is currently $1,225, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.1% 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 between 1970 and 1999.

Real estate vacancies in Metro Center North are 4.9%, which is lower than one will find in 67.3% of American neighborhoods. Demand for real estate in Metro Center North 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

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 Springfield, the Metro Center North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Metro Center North neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.7% of the neighborhoods in America.

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 59.8% 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 98.8% of the neighborhoods in America.

Also, the Metro Center North neighborhood is unique for having just 6.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.5% of America'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 89.0%, which is higher than 96.5% 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.

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, 62.2% of this neighborhood's residents have Puerto Rican ancestry and 3.1% have Dominican ancestry.

Metro Center North is also pretty special linguistically. Significantly, 63.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% of all U.S. neighborhoods.

The Neighbors

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 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 99.7% of U.S. neighborhoods. With 46.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.6% of U.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 Metro Center North neighborhood, 39.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.2%), and 8.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Metro Center North neighborhood is Spanish, spoken by 63.0% of households. Some people also speak English (33.7%).

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 Metro Center North neighborhood in Springfield, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (62.2%). There are also a number of people of Dominican ancestry (3.1%), and residents who report Asian roots (2.9%), and some of the residents are also of South American ancestry (2.5%), along with some Sub-Saharan African ancestry residents (2.4%), among others. In addition, 10.7% 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 (51.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (83.4%) 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 (9.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
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Schools include:
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Educational Expenditures

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