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Real Estate Prices & Overview

Germantown median real estate price is $440,965, which is more expensive than 51.4% of the neighborhoods in Connecticut and 60.1% of the neighborhoods in the U.S.

The average rental price in Germantown is currently $3,337, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.8% of the neighborhoods in Connecticut.

Germantown is an urban neighborhood (based on population density) located in Danbury, Connecticut.

Germantown 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 Germantown neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 7.9% in Germantown. NeighborhoodScout analysis shows that this rate is lower than 48.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Danbury, the Germantown neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research shows that more people carpool to work here in the Germantown (27.0%) than in 98.0% of the neighborhoods in America.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Germantown neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 32.8% of the real estate here is made up of such dwellings, which is higher than 95.5% of all U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the Germantown neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.9% of the neighborhoods in CT. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Germantown neighborhood has more Czechoslovakian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Czechoslovakian ancestry and 5.9% have Brazilian ancestry.

Germantown is also pretty special linguistically. Significantly, 9.4% 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 99.7% 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 Germantown neighborhood in Danbury are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.1% of the neighborhoods in America. In addition, 9.5% 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 52.0% of America'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 Germantown neighborhood, 32.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.3%), and 17.9% 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 Germantown neighborhood is English, spoken by 55.3% of households. Other important languages spoken here include Spanish, Portuguese and Langs. of India.

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 Germantown neighborhood in Danbury, CT, residents most commonly identify their ethnicity or ancestry as South American (20.8%). There are also a number of people of Asian ancestry (7.9%), and residents who report Irish roots (6.3%), and some of the residents are also of Brazilian ancestry (5.9%), along with some German ancestry residents (5.1%), among others. In addition, 34.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Germantown neighborhood spend between 45 minutes and one hour commuting one-way to work (29.6% of working residents), longer and tougher than most commutes in America.

Here most residents (66.4%) 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 (27.0%) . 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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