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Real Estate Prices & Overview

Central Maverick Square Paris Street North median real estate price is $747,123, which is more expensive than 56.7% of the neighborhoods in Massachusetts and 81.7% of the neighborhoods in the U.S.

The average rental price in Central Maverick Square Paris Street North is currently $4,010, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.4% of the neighborhoods in Massachusetts.

Central Maverick Square Paris Street North is a densely urban neighborhood (based on population density) located in Boston, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Central Maverick Square Paris Street North 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 renter occupied. Many of the residences in the Central Maverick Square Paris Street North 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.

Central Maverick Square Paris Street North has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.9% 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.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Central Maverick Square Paris Street North neighborhood is among the top 5% of American neighborhoods in terms of walkability. Central Maverick Square Paris Street North is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Central Maverick Square Paris Street North is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, 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 Central Maverick Square Paris Street North 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 89.3% of the real estate here is made up of such dwellings, which is higher than 100.0% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 79.3% of the residential real estate in the Central Maverick Square Paris Street North neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the Central Maverick Square Paris Street North neighborhood, 47.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.3% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Central Maverick Square Paris Street North neighborhood buck this trend. 33.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Central Maverick Square Paris Street North neighborhood about it; they already know. 19.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Central Maverick Square Paris Street North neighborhood has more Brazilian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Brazilian ancestry and 7.4% have South American ancestry.

Central Maverick Square Paris Street North is also pretty special linguistically. Significantly, 67.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.0% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Central Maverick Square Paris Street North neighborhood. What is interesting to note, is that the Central Maverick Square Paris Street North neighborhood has a greater percentage of residents born in another country (47.2%) than are found in 96.8% of all U.S. neighborhoods.

The Neighbors

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 Central Maverick Square Paris Street North neighborhood in Boston are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.6% of the neighborhoods in America. In addition, 8.3% 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 54.9% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Central Maverick Square Paris Street North neighborhood, 34.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.2%), and 11.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Central Maverick Square Paris Street North neighborhood is Spanish, spoken by 67.1% of households. Some people also speak English (25.1%).

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 Central Maverick Square Paris Street North neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as Italian (7.5%). There are also a number of people of South American ancestry (7.4%), and residents who report Irish roots (5.3%), and some of the residents are also of Brazilian ancestry (2.5%), along with some Mexican ancestry residents (2.5%), among others. In addition, 47.2% 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 Central Maverick Square Paris Street North neighborhood spend between 30 and 45 minutes commuting one-way to work (35.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (47.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.2%) and 5.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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