Town Center / Old Bennington median real estate price is $244,078, which is less expensive than 87.1% of Vermont neighborhoods and 70.9% of all U.S. neighborhoods.
The average rental price in Town Center / Old Bennington is currently $1,716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.9% of Vermont neighborhoods.
Town Center / Old Bennington is a suburban neighborhood (based on population density) located in Bennington, Vermont.
Town Center / Old Bennington real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center / Old Bennington 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.
Town Center / Old Bennington has a 13.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
With 5.8% of employed workers living in the Town Center / Old Bennington neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.9% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Town Center / Old Bennington neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 72.6% 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 98.9% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Astoundingly, the Town Center / Old Bennington neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.5% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Bennington neighborhood.
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 Town Center / Old Bennington 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, 37.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.6% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the Town Center / Old Bennington neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 33.6% of the households here have four, five, or more cars. That is more cars per household than in 95.3% of the neighborhoods in the nation.
Did you know that the Town Center / Old Bennington neighborhood has more Scottish and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.1% of this neighborhood's residents have Scottish ancestry and 2.5% have Slovak ancestry.
Town Center / Old Bennington is also pretty special linguistically. Significantly, 10.0% 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 97.9% 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 Town Center / Old Bennington neighborhood in Bennington are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.1% of U.S. neighborhoods. With 46.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.6% of U.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 Town Center / Old Bennington neighborhood, 41.7% 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 32.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.1%), and 12.9% 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 Town Center / Old Bennington neighborhood is English, spoken by 95.6% 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 Town Center / Old Bennington neighborhood in Bennington, VT, residents most commonly identify their ethnicity or ancestry as English (20.5%). There are also a number of people of Irish ancestry (15.8%), and residents who report German roots (13.8%), and some of the residents are also of Italian ancestry (13.1%), along with some Scottish ancestry residents (12.1%), 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 Town Center / Old Bennington neighborhood spend under 15 minutes commuting one-way to work (72.6% of working residents), one of the shortest commutes across America.
Here most residents (73.7%) 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 (11.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.