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Real Estate Prices & Overview

Agassiz / Lesley University median real estate price is $2,377,786, which is more expensive than 97.0% of the neighborhoods in Massachusetts and 98.2% of the neighborhoods in the U.S.

The average rental price in Agassiz / Lesley University is currently $5,165, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.2% of the neighborhoods in Massachusetts.

Agassiz / Lesley University is a densely urban neighborhood (based on population density) located in Cambridge, Massachusetts.

Agassiz / Lesley University 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 Agassiz / Lesley University 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.

Home and apartment vacancy rates are 8.0% in Agassiz / Lesley University. NeighborhoodScout analysis shows that this rate is lower than 47.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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.

People

The rate of college educated adults in the Agassiz / Lesley University neighborhood is a unique characteristic of the neighborhood. 88.7% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.6% of all U.S. neighborhoods.

In addition, 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 Agassiz / Lesley University neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 95.6% 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 Agassiz / Lesley University neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals, highly educated executives and college students.

Occupations

The Agassiz / Lesley University neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.0% of the neighborhoods in America. In fact, 79.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

In the Agassiz / Lesley University neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 23.9% of residents here. This is a higher proportion of walking commuters than we found in 98.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.1% of residents in the Agassiz / Lesley University neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, in the Agassiz / Lesley University neighborhood, 16.4% 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 96.7% of the neighborhoods in America.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Agassiz / Lesley University neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Agassiz / Lesley University neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 74.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.2% of the neighborhoods in the United States.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Agassiz / Lesley University neighborhood buck this trend. 25.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.

Diversity

Did you know that the Agassiz / Lesley University neighborhood has more Eastern European and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Eastern European ancestry and 1.6% have Ukrainian ancestry.

Agassiz / Lesley University is also pretty special linguistically. Significantly, 5.3% 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 95.3% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Agassiz / Lesley University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

The Neighbors

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 Agassiz / Lesley University neighborhood in Cambridge 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 89.4% of the neighborhoods in America. In addition, 8.7% 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 53.9% of America'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 Agassiz / Lesley University neighborhood, 79.8% of the working population is employed in executive, management, and professional 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 8.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.7%), and 4.2% 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 Agassiz / Lesley University neighborhood is English, spoken by 75.4% of households. Other important languages spoken here include Chinese and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Agassiz / Lesley University neighborhood in Cambridge, MA, residents most commonly identify their ethnicity or ancestry as Irish (17.6%). There are also a number of people of Asian ancestry (16.8%), and residents who report English roots (11.1%), and some of the residents are also of Italian ancestry (9.4%), along with some German ancestry residents (7.4%), among others. In addition, 22.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Agassiz / Lesley University neighborhood spend between 15 and 30 minutes commuting one-way to work (33.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (23.9%) 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 (20.0%) and 16.4% of residents also take the train 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.


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