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Real Estate Prices & Overview

South St / New South St median real estate price is $481,606, which is less expensive than 76.3% of Massachusetts neighborhoods and 35.4% of all U.S. neighborhoods.

The average rental price in South St / New South St is currently $2,139, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.4% of Massachusetts neighborhoods.

South St / New South St is a suburban neighborhood (based on population density) located in Northampton, Massachusetts.

South St / New South St 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 South St / New South St 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.

In South St / New South St, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.0% of all neighborhoods in the U.S. This means that the housing supply in South St / New South St 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 Northampton, the South St / New South St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people in South St / New South St choose to walk to work each day (18.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

Of particular note, 3.4% of the people in the South St / New South St neighborhood currently reside in a correction facility, held due to punishment for a crime.

Diversity

Did you know that the South St / New South St neighborhood has more Lithuanian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Lithuanian ancestry and 4.9% have Russian ancestry.

South St / New South St is also pretty special linguistically. Significantly, 9.0% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.4% 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 South St / New South St neighborhood in Northampton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.1% of the neighborhoods in America. In addition, 3.1% 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 71.1% 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 South St / New South St neighborhood, 61.0% 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 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.3%), and 5.7% in manufacturing and laborer 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 South St / New South St neighborhood is English, spoken by 81.2% of households. Other important languages spoken here include Spanish and Italian.

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 South St / New South St neighborhood in Northampton, MA, residents most commonly identify their ethnicity or ancestry as Irish (14.2%). There are also a number of people of Puerto Rican ancestry (11.7%), and residents who report Polish roots (8.9%), and some of the residents are also of Italian ancestry (8.9%), along with some English ancestry residents (8.6%), among others. In addition, 12.3% 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 South St / New South St neighborhood spend under 15 minutes commuting one-way to work (46.5% of working residents), one of the shortest commutes across America.

Here most residents (48.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.7%) and 7.3% of residents also carpool with coworkers, friends, or neighbors 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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