Danvers Center / Ferncroft median real estate price is $704,628, which is more expensive than 52.3% of the neighborhoods in Massachusetts and 79.9% of the neighborhoods in the U.S.
The average rental price in Danvers Center / Ferncroft is currently $4,061, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.7% of the neighborhoods in Massachusetts.
Danvers Center / Ferncroft is a suburban neighborhood (based on population density) located in Danvers, Massachusetts.
Danvers Center / Ferncroft real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Danvers Center / Ferncroft neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.8% in Danvers Center / Ferncroft. NeighborhoodScout analysis shows that this rate is lower than 54.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Of note is NeighborhoodScout's research finding that the Danvers Center / Ferncroft neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Danvers Center / Ferncroft community truly stands out from the rest in this regard.
Did you know that the Danvers Center / Ferncroft neighborhood has more Scots-Irish and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Scots-Irish ancestry and 3.6% have British ancestry.
Danvers Center / Ferncroft is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.4% 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 Danvers Center / Ferncroft neighborhood in Danvers 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, 0.0% 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 100.0% 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 Danvers Center / Ferncroft neighborhood, 53.5% 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 19.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.3%), and 6.7% 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 Danvers Center / Ferncroft neighborhood is English, spoken by 86.7% of households. Other important languages spoken here include 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 Danvers Center / Ferncroft neighborhood in Danvers, MA, residents most commonly identify their ethnicity or ancestry as Irish (23.9%). There are also a number of people of Italian ancestry (18.9%), and residents who report English roots (11.2%), and some of the residents are also of German ancestry (7.7%), along with some Scots-Irish ancestry residents (6.9%), among others. In addition, 13.2% 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 Danvers Center / Ferncroft neighborhood spend under 15 minutes commuting one-way to work (31.3% of working residents), one of the shortest commutes across America.
Here most residents (67.0%) 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 (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.