New Britain Southeast median real estate price is $295,796, which is less expensive than 83.6% of Connecticut neighborhoods and 63.1% of all U.S. neighborhoods.
The average rental price in New Britain Southeast is currently $1,839, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.5% of Connecticut neighborhoods.
New Britain Southeast is an urban neighborhood (based on population density) located in New Britain, Connecticut.
New Britain Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Britain Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
New Britain Southeast has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the New Britain Southeast neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 61.2% of the real estate here is made up of such dwellings, which is higher than 99.3% of all U.S. neighborhoods.
NeighborhoodScout's exclusive research revealed that 97.5% of the adult residents in the New Britain Southeast neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.5% of the neighborhoods in America.
More people work in manufacturing and as laborers here in the New Britain Southeast neighborhood than in 97.2% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Did you know that the New Britain Southeast neighborhood has more Yugoslav and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Yugoslav ancestry and 36.4% have Puerto Rican ancestry.
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 New Britain Southeast neighborhood in New Britain are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.7% of U.S. neighborhoods. With 16.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.2% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the New Britain Southeast neighborhood, 44.9% of the working population is employed in manufacturing and laborer 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 24.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.2%), and 13.2% in executive, management, and professional occupations.
The most common language spoken in the New Britain Southeast neighborhood is English, spoken by 58.5% of households. Some people also speak Spanish (32.5%).
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 New Britain Southeast neighborhood in New Britain, CT, residents most commonly identify their ethnicity or ancestry as Puerto Rican (36.4%). There are also a number of people of Irish ancestry (10.2%), and residents who report English roots (9.0%), and some of the residents are also of Yugoslav ancestry (5.6%), along with some Italian ancestry residents (4.7%), among others. In addition, 11.3% 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 New Britain Southeast neighborhood spend under 15 minutes commuting one-way to work (54.6% of working residents), one of the shortest commutes across America.
Here most residents (72.2%) 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 (18.3%) and 6.9% of residents also hop out the door and walk to work 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.