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Real Estate Prices & Overview

Sharon Heights median real estate price is $847,717, which is more expensive than 67.5% of the neighborhoods in Massachusetts and 86.0% of the neighborhoods in the U.S.

The average rental price in Sharon Heights is currently $5,883, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.6% of the neighborhoods in Massachusetts.

Sharon Heights is a rural neighborhood (based on population density) located in Sharon, Massachusetts.

Sharon Heights real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Sharon Heights neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Sharon Heights, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.3% of all neighborhoods in the U.S. This means that the housing supply in Sharon Heights is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.4% of America's neighborhoods are wealthier than the Sharon Heights neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Sharon Heights also has one of the lowest ratings of child poverty in the nation.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Sharon Heights neighborhood, where 40.5% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 97.2% of the neighborhoods in America.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Sharon Heights neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Sharon Heights neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children, highly educated executives and active retirees.

Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Sharon Heights neighborhood may actually hold the key. 70.2% of its residents are married, which is a higher percentage than is found in 96.4% of the neighborhoods in America.

Modes of Transportation

In the Sharon Heights neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 36.7% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.1% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 13.2% of the Sharon Heights neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.0% of America's neighborhoods.

Occupations

Executives, managers and professionals make up 78.0% of the workforce in the Sharon Heights neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Sharon Heights neighborhood has more Lithuanian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Lithuanian ancestry and 8.6% have Russian ancestry.

Sharon Heights is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.2% 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 Sharon Heights neighborhood in Sharon are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Sharon Heights neighborhood, 78.0% 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 12.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.2%), and 3.2% in government jobs, whether they are in local, state, or federal positions.

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 Sharon Heights neighborhood is English, spoken by 76.2% of households. Other important languages spoken here include Chinese, Langs. of India and Russian.

Ethnicity / Ancestry

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 Sharon Heights neighborhood in Sharon, MA, residents most commonly identify their ethnicity or ancestry as Asian (19.9%). There are also a number of people of Irish ancestry (14.8%), and residents who report Italian roots (10.2%), and some of the residents are also of Russian ancestry (8.6%), along with some German ancestry residents (8.1%), among others. In addition, 25.9% 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 Sharon Heights neighborhood spend between 45 minutes and one hour commuting one-way to work (38.6% of working residents), longer and tougher than most commutes in America.

Here most residents (47.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (13.2%) . 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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