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Real Estate Prices & Overview

Shrewsbury Street median real estate price is $440,601, which is less expensive than 77.7% of Massachusetts neighborhoods and 41.3% of all U.S. neighborhoods.

The average rental price in Shrewsbury Street is currently $1,939, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.6% of Massachusetts neighborhoods.

Shrewsbury Street is an urban neighborhood (based on population density) located in Worcester, Massachusetts.

Shrewsbury Street 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 Shrewsbury Street 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 1970 and 1999.

Home and apartment vacancy rates are 8.7% in Shrewsbury Street. NeighborhoodScout analysis shows that this rate is lower than 44.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Worcester, the Shrewsbury Street neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Shrewsbury Street neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 38.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.8% of America's neighborhoods.

In addition, 88.4% of the real estate in the Shrewsbury Street neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

In the Shrewsbury Street neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.7% of commuters carpool here, which is more than in 96.3% of all U.S. neighborhoods.

Diversity

Did you know that the Shrewsbury Street neighborhood has more Welsh and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Welsh ancestry and 14.1% have French ancestry.

Shrewsbury Street is also pretty special linguistically. Significantly, 3.5% 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 98.8% of the neighborhoods in America.

The Neighbors

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 Shrewsbury Street neighborhood in Worcester 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 16.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.1% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Shrewsbury Street neighborhood, 38.1% 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 35.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.4%), and 9.9% in clerical, assistant, and tech support 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 Shrewsbury Street neighborhood is English, spoken by 56.6% of households. Other important languages spoken here include Spanish, Chinese, Portuguese and African languages.

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 Shrewsbury Street neighborhood in Worcester, MA, residents most commonly identify their ethnicity or ancestry as Asian (17.6%). There are also a number of people of French ancestry (14.1%), and residents who report Puerto Rican roots (13.8%), and some of the residents are also of Italian ancestry (13.5%), along with some Sub-Saharan African ancestry residents (7.2%), among others. In addition, 32.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 Shrewsbury Street neighborhood spend under 15 minutes commuting one-way to work (43.8% of working residents), one of the shortest commutes across America.

Here most residents (66.3%) 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 (23.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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