Wentworth Institute of Technology median real estate price is $1,528,501, which is more expensive than 92.2% of the neighborhoods in Massachusetts and 96.0% of the neighborhoods in the U.S.
The average rental price in Wentworth Institute of Technology is currently $1,594, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.6% of Massachusetts neighborhoods.
Wentworth Institute of Technology is a densely urban neighborhood (based on population density) located in Boston, Massachusetts.
Wentworth Institute of Technology real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Wentworth Institute of Technology neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Wentworth Institute of Technology, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 88.4% of all neighborhoods in the U.S. This means that the housing supply in Wentworth Institute of Technology 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.
Modes of Transportation
More people in Wentworth Institute of Technology choose to walk to work each day (37.6%) 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, our research revealed that more commuters here take the bus to work (18.7% ride the bus) than 98.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Finally, in the Wentworth Institute of Technology neighborhood, 15.9% 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 96.6% of the neighborhoods in America.
Real Estate
Renter-occupied real estate is dominant in the Wentworth Institute of Technology neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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.
In addition, the Wentworth Institute of Technology neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,394 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Wentworth Institute of Technology neighborhood has a highly unusual pattern of car ownership. 60.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.
People
An extraordinary 35.1% of the residents of the Wentworth Institute of Technology 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.
In addition, one of the unique characteristics of the Wentworth Institute of Technology neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.2% of the neighborhoods in America. Also of note, 63.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Also, with a nice mix of college students, safety from crime, and decent walkability, the Wentworth Institute of Technology neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.6% of the neighborhoods in MA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Diversity
Did you know that the Wentworth Institute of Technology neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.1% of this neighborhood's residents have Puerto Rican ancestry and 5.2% have Dominican ancestry.
Wentworth Institute of Technology is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 96.8% 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 Wentworth Institute of Technology neighborhood in Boston are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.2% of U.S. neighborhoods. With 63.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.5% of U.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 Wentworth Institute of Technology neighborhood, 34.1% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.2%), and 13.2% 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 Wentworth Institute of Technology neighborhood is English, spoken by 56.3% of households. Other important languages spoken here include Spanish, French, Langs. of India and Vietnamese.
Ethnicity / Ancestry
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 Wentworth Institute of Technology neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (19.1%). There are also a number of people of Sub-Saharan African ancestry (11.4%), and residents who report Irish roots (9.8%), and some of the residents are also of Asian ancestry (9.0%), along with some Italian ancestry residents (7.9%), among others. In addition, 19.8% 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 Wentworth Institute of Technology neighborhood spend between 15 and 30 minutes commuting one-way to work (30.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (37.6%) 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 (22.3%) and 18.7% of residents also ride the bus for their daily commute. 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.
