Two Family Homes for Sale in Worcester Ma
About Worcester, MA (Main South)
Real Estate Prices and Overview
Primary South median real estate price is $386,182, which is less expensive than 71.viii% of Massachusetts neighborhoods and 32.1% of all U.Due south. neighborhoods.
The boilerplate rental price in Main Southward is currently $1,887, based on NeighborhoodScout's exclusive analysis. Rents hither are currently lower in price than 72.4% of Massachusetts neighborhoods.
Chief South is a densely urban neighborhood (based on population density) located in Worcester, Massachusetts.
Chief South real estate is primarily made up of small (studio to ii sleeping accommodation) to medium sized (three or four sleeping room) apartment complexes/high-rise apartments and small apartment buildings. About of the residential existent estate is renter occupied. Many of the residences in the Main South neighborhood are relatively historic, congenital no later than 1939, and in some cases, quite a flake before. A number of residences were also built between 2000 and the nowadays.
Home and apartment vacancy rates are 10.1% in Main S. NeighborhoodScout analysis shows that this rate is lower than 43.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Notable & Unique Neighborhood Characteristics
When you encounter a neighborhood for the first fourth dimension, the most important thing is oftentimes the way it looks, like its homes and its setting. Some places look the same, merely they only reveal their truthful character subsequently living in them for a while considering they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout'southward exclusive exploration and analysis.
Notable & Unique: Real Estate
Corner bodegas, stores on the first flooring and apartments above, former grand Victorian residences converted into apartments, 3-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small-scale ii, three, and four unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or celebrated boondocks centers in their hinterlands. If yous wax romantic virtually the expect and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Main Due south neighborhood worth a shut wait. This neighborhood is an absolutely outstanding example of the dominance of small 2, iii, and 4 unit apartment buildings compared to neighborhoods beyond the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 45.1% of the real estate hither is made up of such dwellings, which is college than 97.4% of all U.S. neighborhoods.
In improver, even if yous drive or take transit to your place of employment, many people savour being able to walk in their neighborhood. What many people don't realize is that most of America'south premier vacation locations are also very walkable. The Main South neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, 84.0% of the real estate in the Main Southward neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you lookout 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, consummate with the charm of yesteryear? Do you similar to stroll or bulldoze streets lined with gracious older residences? If you lot found yourself nodding yes to any of these questions, y'all are going to exist interested in this unique neighborhood. The Main South neighborhood stands out on a national calibration for the sheer concentration of historic residences it contains: 76.2% of the residential existent estate hither was congenital from 1939 or before, some much earlier. This is a greater concentration of historic homes than 99.ii% of the neighborhoods in the United States.
Notable & Unique: Occupations
The Main Southward neighborhood stands out nationally for having a greater proportion of its residents active in the military than 97.2% of other U.S. neighborhoods. If you come up here, you will find military people agile in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Notable & Unique: People
Single parenting is hard. But you don't accept to tell the Main South neighborhood near it; they already know. 17.8% of this neighborhood'due south households are run by unmarried mothers, which is a higher concentration than NeighborhoodScout institute in 95.7% of American neighborhoods. Farther NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly trigger-happy crime, neighborhood poverty, and, importantly, the per centum of depression weight births and rates of infant mortality.
In addition, the Chief South neighborhood has a greater per centum of children living in poverty (55.half dozen%) than found in 95.vi% of all U.S. neighborhoods. Children living in poverty is ane of the challenges facing America, and the world, and in this neighborhood in particular, the problem tin exist considered astute.
Notable & Unique: Variety
Did you know that the Main Southward neighborhood has more than Puerto Rican and Dominican ancestry people living in it than nigh whatsoever neighborhood in America? It'due south true! In fact, 25.vii% of this neighborhood's residents have Puerto Rican ancestry and 9.6% take Dominican ancestry.
Main South is as well pretty special linguistically. Significantly, 6.ix% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small pct, information technology is higher than 99.1% of the neighborhoods in America.
The Neighbors
The Neighbors: Income
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 take high rates of childhood poverty, which indicates other social bug. NeighborhoodScout'southward analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Main S neighborhood in Worcester are low income, making information technology among the everyman income neighborhoods in America. NeighborhoodScout'due south research shows that this neighborhood has an income lower than 94.0% of U.S. neighborhoods. With 55.six% of the children here below the federal poverty line, this neighborhood has a college rate of childhood poverty than 95.6% of U.S. neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you lot are what you lot do for a living. The types of occupations your neighbors have shape their graphic symbol, and together as a grouping, their collective occupations shape the culture of a place.
In the Main South neighborhood, 32.9% 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 24.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.5%), and 20.0% in clerical, assistant, and tech support occupations.
The Neighbors: Languages
The languages spoken past 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 Principal S neighborhood is Spanish, spoken by 41.8% of households. Other important languages spoken hither include English, Vietnamese, African languages and Chinese.
The Neighbors: Ethnicity / Ancestry
Civilization is shared learned behavior. We learn information technology from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why beginnings and ethnicity can be so interesting and important to sympathize: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Main Due south neighborhood in Worcester, MA, residents most usually identify their ethnicity or ancestry as Puerto Rican (25.vii%). There are also a number of people of Asian ancestry (ten.ii%), and residents who report Dominican roots (nine.6%), and some of the residents are also of Sub-Saharan African ancestry (8.9%), along with some Irish gaelic ancestry residents (v.2%), amid others. In addition, 32.9% of the residents of this neighborhood were built-in in another country.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of piece of work. Some neighborhoods are located where many can get to work in merely a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Main Due south neighborhood spend betwixt fifteen and 30 minutes commuting one-style to work (51.8% of working residents), which is shorter than the fourth dimension spent commuting to piece of work for most Americans.
Here most residents (63.i%) drive lonely in a individual car to get to piece of work. In addition, quite a number too carpool with coworkers, friends, or neighbors to become to work (12.one%) and 9.ane% of residents too hop out the door and walk to work for their daily commute. In a neighborhood like this, every bit in well-nigh of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw information sources: National Agriculture Statistics Service, U.S. Section of Agronomics, Federal Housing Finance Agency, U.S. Section of Housing and Urban Development, U.S. Bureau of the Census, U.Southward. Geological Service, American Community Survey.
Date(s) & Update Frequency:
- Dwelling Values, Rents: Reflects Q3 2021. Updated quarterly.
- Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Median Home Value:
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Median Real Estate Taxes:
Locked ( effective rate)
Neighborhood Habitation Prices
Boilerplate Market Rent:
/ per month
GROSS RENTAL YIELD:
Locked
MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS
Neighborhood Expect and Experience
AGE OF Worcester, MA (Main South) HOMES
Type OF Worcester, MA (Main South) HOMES
SIZE OF Worcester, MA (Main Southward) HOMES
SIZE OF Worcester, MA (Master South) HOMES
Analytics built by: Location, Inc.
Raw information sources: American Customs Survey, U.S. Bureau of the Demography, U.S. Department of Pedagogy, 50 state departments of teaching, U.Southward. Bureau of Labor Statistics, Federal Bureau of Investigation, eighteen,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agronomical Statistics Service.
Engagement(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment information updated November 2021.
Methodology: Unlike standardly available Demography demographics, NeighborhoodScout uses dozens of custom models to transform 8.v 1000000 raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout'south Demographic Data
Means Of Transport
Vehicles Per Household
Multifariousness Index
(100 is the most diverse)
Ancestry (acme 20)
Languages Spoken (height 20)
Per Capita Income
Median Household Income
Percent with College Degree
Percent with Avant-garde Degree
Analytics congenital past: Location, Inc.
Raw data sources: xviii,000 local police force enforcement agencies in the U.S.
Date(due south) & Update Frequency: Reflects 2020 calendar year; released from FBI in Sept. 2021 (latest available). Updated annually. Where is 2021 data?
Methodology: Our nationwide meta-assay overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible past associating the 9.four meg reported crimes in the U.S, including over 2 million geocoded signal locations…. Read more than about Scout's Crime Data
total Crime Index
(100 is safest)
Neighborhood Annual Crimes
Fierce | Property | Total | |
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Number of Crimes | |||
Criminal offence Charge per unit (per 1,000 residents) |
violent Crime Alphabetize
(100 is safest)
Violent Crime Index Past Type
Murder Index | Rape Index | Robbery Alphabetize | Assail Index |
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100 is safest | 100 is safest | 100 is safest | 100 is safest |
Violent Crime Comparison (per 1,000 residents)
My Chances of Becoming a Victim of a Trigger-happy Criminal offence
1 in 330
in Massachusetts
Worcester VIOLENT CRIMES
Population:
Murder | Rape | Robbery | Set on | |
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Report Total | ||||
Charge per unit per 1,000 |
U.s.a. Fierce CRIMES
Population:
Murder | Rape | Robbery | Set on | |
---|---|---|---|---|
Report Total | ||||
Charge per unit per ane,000 |
holding Law-breaking Index
(100 is safest)
Property Crime Alphabetize Past Type
Burglary Index | Theft Index | Motor Vehicle Theft |
---|---|---|
100 is safest | 100 is safest | 100 is safest |
Property Crime Comparison (per i,000 residents)
My Chances of Becoming a Victim of a Belongings Law-breaking
Worcester Property CRIMES
Population:
break-in | theft | motor vehicle theft | |
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Written report Full | |||
Rate per i,000 |
United States Property CRIMES
Population:
burglary | theft | motor vehicle theft | |
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Study Total | |||
Rate per 1,000 |
Analytics built by: Location, Inc.
Raw data sources:
- Examination Scores: Edfacts (U.Southward. Department of Didactics), State departments of teaching.
- Expenditures: National Center for Didactics Statistics.
- Educational Environs: American Customs Survey (U.S. Demography Agency).
Date(due south) & Update Frequency:
- Due to Covid-19, standardized testing did not have place during the 2019-2020 academic school year. Test information: Reflects 2018 – 2019 schoolhouse year.
- Expenditures: 2018
- Educational Environment: 2019 (latest available). Updated annually.
- All data updated June 2021
Methodology: But NeighborhoodScout gives yous nationally comparable schoolhouse ranks based on test scores, so y'all tin directly compare the quality of schools in any location. Read more about Scout'southward School Data
School Quality
(100 is best)
Neighborhood Schoolhouse Quality Rating
Rates the quality of all K-12 public schools that serve this neighborhood.
Adults In Neighborhood With College Degree Or Higher | |
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Children In The Neighborhood Living In Poverty |
Students Enrolled in This District
Schools in District
Students Per Classroom
District Quality Compared to Massachusetts
(10 is best)
District Quality Compared to U.S.
(x is best)
Get FULL REPORTS FOR Whatsoever Schoolhouse IN THIS DISTRICT
Encounter ALL SCHOOLS
Schools In This District
School District Enrollment Past Group
Ethnic/racial Groups | This District | This State |
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White (non-hispanic) | ||
Black | ||
Hispanic | ||
Asian Or Pacific Islander | ||
American Indian Or Native Of Alaska |
Economical Groups | This Commune | This State |
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ECONOMICALLY DISADVANTAGED | ||
Gratis LUNCH ELIGIBLE | ||
REDUCED LUNCH ELIGIBLE |
Educational Expenditures
For This District | Per Student | Total | % Of Total |
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Instructional Expenditures | |||
Support Expenditures | |||
Student | |||
Staff | |||
General Assistants | |||
School Administration | |||
Operation | |||
Transportation | |||
Other | |||
Total Support | |||
Non-instructional Expenditures | |||
Total Expenditures |
Analytics built by: Location, Inc.
Raw data sources: U.S. Section of Education, 50 country departments of education, U.Due south. Agency of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local police force enforcement agencies, Federal Housing Finance Bureau, U.S. Bureau of the Census, American Community Survey, U.Southward. Section of Housing and Urban Evolution, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Assistants, National Agricultural Statistics.
Engagement(s) & Update Frequency:
- Existent Estate Value Forecasts & Regional Analysis: Updated Quarterly
- Real Estate Values & Trends: Q3 2021. Updated Quarterly.
- Demographics, Crime Trends & Forecast: Reflects 2019 agenda yr (latest bachelor). Updated annually.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
Rising Star Index
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Appreciation Potential (3 years)
RATINGS: 1=Very Low ii=Low 3=Moderate 4=Loftier 5=Rising Star
Blue Chip Index
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Past Appreciation and existing fundamentals
RATINGS: 1=Very Depression 2=Low 3=Moderate 4=High 5=Blueish Chip
SCOUT VISION Neighborhood Home Value Trend and Forecast
Time Period | Total Appreciation | Avg. Annual Rate | Compared To Metro* | Compared To America* |
---|---|---|---|---|
3 Year Forecast: 2021 Q4 - 2024 Q4 | ||||
Latest Quarter: 2021 Q2 - 2021 Q3 | ||||
Final 12 Months: 2020 Q3 - 2021 Q3 | ||||
Last ii Years: 2019 Q3 - 2021 Q3 | ||||
Last v Years: 2016 Q3 - 2021 Q3 | ||||
Last ten Years: 2011 Q3 - 2021 Q3 | ||||
Since 2000: 2000 Q1 - 2021 Q3 | ||||
* x is highest |
Price advantage over surrounding neighborhoods
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Toll advantage score
RATINGS: 1=Strong Disadvantage 2=Disadvantage 3=Similar Toll 4=Advantage 5=Stiff Reward
Neighborhood price per sqft
Average Nearby Home Cost per sqft
Admission to high paying jobs
LOCKED
Jobs score
RATINGS: ane=Limited 2=Below Average 3=Boilerplate 4=Very Adept five=Splendid
Jobs inside an hr
Within | Loftier-paying* jobs |
---|---|
five minutes | |
x minutes | |
15 minutes | |
20 minutes | |
30 minutes | |
45 minutes | |
lx minutes | |
*Annual bacon of $75,000 or more |
Avg. Almanac Homeownership Trend Over concluding 5 years
Avg. Annual Rent Price Trend Over last five years
Avg. Annual Vacancy Trends Over last v years
Avg. annual alter in college graduates Over last 5 years
Avg. almanac modify in Yard-12 schoolhouse performance Over concluding 5 years
Avg annual modify in per capita income Over final 5 years
Avg almanac change in household income Over last v years
Avg annual change in unemployment rate Over last 5 years
Distance from Location | Population v years ago | Current Population | Percent Change |
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Half Mile | |||
1 Mile | |||
iii Miles | |||
v Miles | |||
10 Miles | |||
xv Miles | |||
25 Miles | |||
50 Miles |
Worcester, MA-CT Metro Area regional investment potential
LOCKED
Regional Appreciation Potential (3yr)
RATINGS: 1=Very Low 2=Low three=Moderate 4=High five=Very Loftier
Housing Affordability Trends: Worcester, MA-CT Metro Expanse
Years of average household income needed to purchase average home
Region's Historical Low
Region'due south Historical High
Current
Regional 1 and ii Year Growth Trends
Regional Tendency | Terminal 2 years | Compared to Nation* | Last 1 yr | Compared to Nation* |
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Population Growth | ||||
Job Growth | ||||
Income Trend (Wages) | ||||
Unemployment Trend | ||||
Stock Performance of Region's Industries | ||||
Housing Added | ||||
Vacancy Tendency | ||||
* 10 is highest |
Disclaimer
Forecasts of potential occurrences or not-occurrences of time to come conditions and events are inherently uncertain. Actual results may differ materially from what is predicted in any information provided by Location Inc. Goose egg independent in or generated by a Location Inc. product or services is, or should be relied upon every bit, a promise or representation equally to the future operation or prediction of real estate values. No representation is made as to the accuracy of whatever forecast, estimate, or projection. Location Inc. makes no express or unsaid warranty and all information and content is provided "As is" without any warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of merchantability and fitness for a particular purpose. Location Inc. further disclaims any liability for damages, loss, or injury arising out of the employ this site and the data. All risks associated with using the site and the data are borne past the user at user's sole toll and expense. By using the site y'all agree to our Terms of Employ.
Source: https://www.neighborhoodscout.com/ma/worcester/main-south
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