Median real estate price in the City Center of Waterville is $205,752, which is less expensive than 80.6% of Maine neighborhoods and 77.4% of all U.S. neighborhoods.
The average rental price in Waterville City Center is currently $1,565, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.2% of Maine neighborhoods.
Waterville City Center is a suburban neighborhood (based on population density) located in Waterville, Maine.
Real estate in the City Center of Waterville, ME is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center 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 Waterville City Center are 5.1%, which is lower than one will find in 65.6% of American neighborhoods. Demand for real estate in Waterville City Center 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.
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.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Waterville City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 39.0% of the real estate here is made up of such dwellings, which is higher than 96.9% of all U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Waterville City Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Waterville City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 60.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.2% of U.S. neighborhoods. Less time commuting means more time for other things in life.
One of the most interesting things about the Waterville City Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.5% of the neighborhoods in America.
In addition, the Waterville City Center neighborhood stands out for having an average per capita income lower than 95.0% of the neighborhoods in the United States.
Did you know that the Waterville City Center neighborhood has more French Canadian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.1% of this neighborhood's residents have French Canadian ancestry and 18.0% have French ancestry.
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 Waterville City Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 City Center neighborhood in Waterville are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.0% of U.S. neighborhoods. With 17.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.1% 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 Waterville City Center neighborhood, 47.4% 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 21.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.7%), and 15.3% 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 Waterville City Center neighborhood is English, spoken by 93.9% of households. Other important languages spoken here include Italian and Polish.
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 City Center neighborhood in Waterville, ME, residents most commonly identify their ethnicity or ancestry as French (18.0%). There are also a number of people of Irish ancestry (15.0%), and residents who report English roots (14.6%), and some of the residents are also of German ancestry (10.2%), along with some French Canadian ancestry residents (10.1%), among others.
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 Waterville City Center neighborhood spend under 15 minutes commuting one-way to work (60.3% of working residents), one of the shortest commutes across America.
Here most residents (62.4%) 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 (13.1%) and 5.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.