Hamilton St / Richfield St median real estate price is $906,484, which is more expensive than 71.2% of the neighborhoods in Massachusetts and 87.9% of the neighborhoods in the U.S.
The average rental price in Hamilton St / Richfield St is currently $3,351, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.1% of Massachusetts neighborhoods.
Hamilton St / Richfield St is a densely urban neighborhood (based on population density) located in Boston, Massachusetts.
Hamilton St / Richfield St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Hamilton St / Richfield St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Hamilton St / Richfield St are 5.7%, which is lower than one will find in 61.5% of American neighborhoods. Demand for real estate in Hamilton St / Richfield St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Boston, the Hamilton St / Richfield St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Hamilton St / Richfield St 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 75.2% of the real estate here is made up of such dwellings, which is higher than 99.9% of all U.S. neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Hamilton St / Richfield St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.5% of neighborhoods in the U.S., with 22,287 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Hamilton St / Richfield St neighborhood is one of the most walkable neighborhoods in America.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 56.3% of the residential real estate in the Hamilton St / Richfield St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people ride the bus in this neighborhood each day to get to work than 98.2% of U.S. neighborhoods.
Also, in the Hamilton St / Richfield St neighborhood, 12.5% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.8% of the neighborhoods in America.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Hamilton St / Richfield St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.1% of all American neighborhoods.
Did you know that the Hamilton St / Richfield St neighborhood has more Sub-Saharan African and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.5% of this neighborhood's residents have Sub-Saharan African ancestry and 6.5% have Dominican ancestry.
Hamilton St / Richfield St is also pretty special linguistically. Significantly, 16.4% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.
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 Hamilton St / Richfield St neighborhood. What is interesting to note, is that the Hamilton St / Richfield St neighborhood has a greater percentage of residents born in another country (46.7%) than are found in 96.7% of all U.S. neighborhoods.
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 Hamilton St / Richfield St neighborhood in Boston are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.9% of the neighborhoods in America. With 36.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.4% 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 Hamilton St / Richfield St neighborhood, 38.0% 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 manufacturing and laborer occupations, with 23.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.9%), and 16.0% 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 Hamilton St / Richfield St neighborhood is English, spoken by 47.5% of households. Other important languages spoken here include French, Portuguese, Spanish and African languages.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: 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 Hamilton St / Richfield St neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (29.5%). There are also a number of people of Puerto Rican ancestry (9.0%), and residents who report Dominican roots (6.5%), and some of the residents are also of Asian ancestry (4.1%), along with some African ancestry residents (3.3%), among others. In addition, 46.7% 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 Hamilton St / Richfield St neighborhood spend under 15 minutes commuting one-way to work (28.5% of working residents), one of the shortest commutes across America.
Here most residents (47.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.0%) and 12.5% of residents also take the train 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.