Stoneham North median real estate price is $841,438, which is more expensive than 67.5% of the neighborhoods in Massachusetts and 86.2% of the neighborhoods in the U.S.
The average rental price in Stoneham North is currently $4,809, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.7% of the neighborhoods in Massachusetts.
Stoneham North is an urban neighborhood (based on population density) located in Stoneham, Massachusetts.
Stoneham North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Stoneham North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Stoneham North, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 93.0% of all neighborhoods in the U.S. This means that the housing supply in Stoneham North is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
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 Stoneham North neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.0% 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 Stoneham North neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for active retirees.
Did you know that the Stoneham North neighborhood has more Italian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.9% of this neighborhood's residents have Italian ancestry and 4.5% have French Canadian ancestry.
Stoneham North is also pretty special linguistically. Significantly, 5.4% 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 95.4% of the neighborhoods in America.
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 Stoneham North neighborhood in Stoneham 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 85.3% of the neighborhoods in America. In addition, 3.3% 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 70.5% 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 Stoneham North neighborhood, 52.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 18.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 11.3% in clerical, assistant, and tech support occupations.
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 Stoneham North neighborhood is English, spoken by 81.5% of households. Other important languages spoken here include Chinese and Italian.
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 Stoneham North neighborhood in Stoneham, MA, residents most commonly identify their ethnicity or ancestry as Italian (30.9%). There are also a number of people of Irish ancestry (20.0%), and residents who report Asian roots (16.2%), and some of the residents are also of English ancestry (7.0%), along with some German ancestry residents (5.6%), among others. In addition, 14.4% of the residents of this neighborhood were born in another country.
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 Stoneham North neighborhood spend between 45 minutes and one hour commuting one-way to work (31.9% of working residents), longer and tougher than most commutes in America.
Here most residents (69.4%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.