Town Center / Mount Holyoke College median real estate price is $386,715, which is less expensive than 87.5% of Massachusetts neighborhoods and 46.4% of all U.S. neighborhoods.
The average rental price in Town Center / Mount Holyoke College is currently $2,271, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.0% of Massachusetts neighborhoods.
Town Center / Mount Holyoke College is an urban neighborhood (based on population density) located in South Hadley, Massachusetts.
Town Center / Mount Holyoke College real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Town Center / Mount Holyoke College neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In Town Center / Mount Holyoke College, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Town Center / Mount Holyoke College is very tight compared to the demand for property here.
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.
Real Estate
Renter-occupied real estate is dominant in the Town Center / Mount Holyoke College neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.8%, which is higher than 98.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. With a real estate vacancy rate of only 0.0%, the Town Center / Mount Holyoke College neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
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 4.3% of America's neighborhoods are wealthier than the Town Center / Mount Holyoke College 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, Town Center / Mount Holyoke College also has one of the lowest ratings of child poverty in the nation.
In addition, an extraordinary 96.7% of the residents of the Town Center / Mount Holyoke College neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, one of the really interesting characteristics about the Town Center / Mount Holyoke College neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of Massachusetts. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.
Modes of Transportation
More people in Town Center / Mount Holyoke College choose to walk to work each day (64.4%) 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.
Also, in the Town Center / Mount Holyoke College neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 27.1% 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 95.0% 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.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Town Center / Mount Holyoke College neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 82.6% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Town Center / Mount Holyoke College neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.9% of all American neighborhoods.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Town Center / Mount Holyoke College neighborhood. In the Town Center / Mount Holyoke College neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Town Center / Mount Holyoke College neighborhood has more Russian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Russian ancestry and 2.2% have Greek ancestry.
Town Center / Mount Holyoke College is also pretty special linguistically. Significantly, 11.7% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.
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 Town Center / Mount Holyoke College neighborhood in South Hadley 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 95.7% 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 Town Center / Mount Holyoke College neighborhood, 42.9% 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 34.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.7%), and 3.4% 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 Town Center / Mount Holyoke College neighborhood is English, spoken by 76.7% of households. Other important languages spoken here include Chinese, Langs. of India and African languages.
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 Town Center / Mount Holyoke College neighborhood in South Hadley, MA, residents most commonly identify their ethnicity or ancestry as Asian (26.0%). There are also a number of people of Irish ancestry (8.5%), and residents who report Italian roots (6.3%), and some of the residents are also of German ancestry (5.0%), along with some Russian ancestry residents (4.4%), among others. In addition, 23.6% of the residents of this neighborhood were born in another country.
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 Town Center / Mount Holyoke College neighborhood spend under 15 minutes commuting one-way to work (82.6% of working residents), one of the shortest commutes across America.
Here most residents (64.4%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (7.4%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
