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Real Estate Prices & Overview

Grant St / Mill Hill Ave median real estate price is $500,837, which is more expensive than 43.2% of the neighborhoods in Connecticut and 56.1% of the neighborhoods in the U.S.

The average rental price in Grant St / Mill Hill Ave is currently $2,021, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.3% of Connecticut neighborhoods.

Grant St / Mill Hill Ave is a densely urban neighborhood (based on population density) located in Bridgeport, Connecticut.

Grant St / Mill Hill Ave 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 Grant St / Mill Hill Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Grant St / Mill Hill Ave has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.3% 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.

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 Bridgeport, the Grant St / Mill Hill Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Grant St / Mill Hill Ave 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, 48.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.2% of America's neighborhoods.

In addition, 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 Grant St / Mill Hill Ave neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the Grant St / Mill Hill Ave neighborhood has more Puerto Rican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.9% of this neighborhood's residents have Puerto Rican ancestry and 9.8% have Jamaican ancestry.

Grant St / Mill Hill Ave is also pretty special linguistically. Significantly, 6.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

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 Grant St / Mill Hill Ave neighborhood in Bridgeport are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.9% of U.S. neighborhoods. With 45.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.1% 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 Grant St / Mill Hill Ave neighborhood, 32.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.9%), and 15.7% 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 Grant St / Mill Hill Ave neighborhood is English, spoken by 44.8% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Grant St / Mill Hill Ave neighborhood in Bridgeport, CT, residents most commonly identify their ethnicity or ancestry as Puerto Rican (28.9%). There are also a number of people of Jamaican ancestry (9.8%), and residents who report Italian roots (7.9%), and some of the residents are also of Polish ancestry (6.6%), along with some Dominican ancestry residents (4.6%), among others. In addition, 29.7% 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 Grant St / Mill Hill Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (42.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (68.1%) 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 (17.5%) and 5.6% of residents also ride the bus 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.


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