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Real Estate Prices & Overview

Median real estate price in the Town Center of Lunenburg is $513,976, which is more expensive than 29.3% of the neighborhoods in Massachusetts and 66.1% of the neighborhoods in the U.S.

The average rental price in Lunenburg Town Center is currently $2,914, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.3% of Massachusetts neighborhoods.

Lunenburg Town Center is a rural neighborhood (based on population density) located in Lunenburg, Massachusetts.

Real estate in the Town Center of Lunenburg, MA is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Lunenburg Town Center, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 88.2% of all neighborhoods in the U.S. This means that the housing supply in Lunenburg Town Center is very tight compared to the demand for property here.

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

Diversity

Did you know that the Lunenburg Town Center neighborhood has more French Canadian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have French Canadian ancestry and 2.0% have Brazilian ancestry.

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 Town Center neighborhood in Lunenburg are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 75.0% of the neighborhoods in America. With 14.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.9% 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 Lunenburg Town Center neighborhood, 39.8% 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 25.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 16.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lunenburg Town Center neighborhood is English, spoken by 91.0% of households. Some people also speak Spanish (2.9%).

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 Town Center neighborhood in Lunenburg, MA, residents most commonly identify their ethnicity or ancestry as Irish (25.4%). There are also a number of people of English ancestry (14.4%), and residents who report Italian roots (13.5%), and some of the residents are also of French ancestry (10.5%), along with some French Canadian ancestry residents (8.6%), among others.

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 Lunenburg Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (33.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.8%) drive alone in a private automobile to get to work. 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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