Lisbon Falls median real estate price is $290,597, which is more expensive than 37.9% of the neighborhoods in Maine and 38.0% of the neighborhoods in the U.S.
The average rental price in Lisbon Falls is currently $1,475, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.9% of Maine neighborhoods.
Lisbon Falls is a rural neighborhood (based on population density) located in Lisbon, Maine.
Lisbon Falls real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Lisbon Falls 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.
Real estate vacancies in Lisbon Falls are 4.7%, which is lower than one will find in 68.9% of American neighborhoods. Demand for real estate in Lisbon Falls 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.
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.
Did you know that the Lisbon Falls neighborhood has more French Canadian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.0% of this neighborhood's residents have French Canadian ancestry and 15.3% have French ancestry.
Lisbon Falls is also pretty special linguistically. Significantly, 6.5% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.4% 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 Lisbon Falls neighborhood in Lisbon are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.2% of the neighborhoods in America. With 15.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.7% 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 Lisbon Falls neighborhood, 35.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.3%), and 17.4% 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 Lisbon Falls neighborhood is English, spoken by 95.1% of households. Other important languages spoken here include Italian, French and Polish.
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 Lisbon Falls neighborhood in Lisbon, ME, residents most commonly identify their ethnicity or ancestry as English (20.1%). There are also a number of people of French ancestry (15.3%), and residents who report French Canadian roots (14.0%), and some of the residents are also of Irish ancestry (12.9%), along with some German ancestry residents (10.5%), among others.
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 Lisbon Falls neighborhood spend between 15 and 30 minutes commuting one-way to work (50.6% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.5%) 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 (11.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.