Goat Island / Rose Island median real estate price is $1,310,457, which is more expensive than 98.1% of the neighborhoods in Rhode Island and 94.4% of the neighborhoods in the U.S.
The average rental price in Goat Island / Rose Island is currently $3,120, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.5% of the neighborhoods in Rhode Island.
Goat Island / Rose Island is a suburban neighborhood (based on population density) located in Newport, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Goat Island / Rose Island real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Goat Island / Rose Island 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in Goat Island / Rose Island. The current real estate vacancy rate here is 35.3%. This is higher than the rate of vacancies in 96.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (21.5%). 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.
Goat Island / Rose Island 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, Goat Island / Rose Island 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, despite all of the residential real estate here in the Goat Island / Rose Island 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 35.3%, which is higher than 96.8% of all U.S. neighborhoods.
Furthermore, 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 76.1% of the residential real estate in the Goat Island / Rose Island neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
With 8.7% of employed workers living in the Goat Island / Rose Island neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Astoundingly, the Goat Island / Rose Island neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 96.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Newport neighborhood.
Did you know that the Goat Island / Rose Island neighborhood has more Welsh and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Welsh ancestry and 4.5% have Portuguese ancestry.
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 Goat Island / Rose Island neighborhood in Newport are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.5% of the neighborhoods in America. With 35.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.5% of U.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 Goat Island / Rose Island neighborhood, 46.9% 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 29.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 8.9% in manufacturing and laborer occupations.
The most common language spoken in the Goat Island / Rose Island neighborhood is English, spoken by 74.5% of households. Some people also speak Spanish (22.4%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Goat Island / Rose Island neighborhood in Newport, RI, residents most commonly identify their ethnicity or ancestry as English (21.4%). There are also a number of people of Irish ancestry (14.5%), and residents who report Puerto Rican roots (14.1%), and some of the residents are also of German ancestry (10.0%), along with some Polish ancestry residents (7.5%), among others. In addition, 16.8% 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 Goat Island / Rose Island neighborhood spend between 15 and 30 minutes commuting one-way to work (44.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.3%) 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 (6.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.