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Real Estate Prices & Overview

Crescent Beach Northwest median real estate price is $739,599, which is more expensive than 56.7% of the neighborhoods in Massachusetts and 82.1% of the neighborhoods in the U.S.

The average rental price in Crescent Beach Northwest is currently $4,345, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.6% of the neighborhoods in Massachusetts.

Crescent Beach Northwest is a densely urban neighborhood (based on population density) located in Revere, Massachusetts.

Crescent Beach Northwest real estate 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 Crescent Beach Northwest 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.

In Crescent Beach Northwest, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.3% of all neighborhoods in the U.S. This means that the housing supply in Crescent Beach Northwest is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

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 Crescent Beach Northwest 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, 56.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.0% of America's neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Crescent Beach Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 29,695 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Crescent Beach Northwest neighborhood is one of the most walkable neighborhoods in America.

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 55.3% of the residential real estate in the Crescent Beach Northwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.7% of the Crescent Beach Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 95.6% of U.S. neighborhoods.

Diversity

Did you know that the Crescent Beach Northwest neighborhood has more South American and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.6% of this neighborhood's residents have South American ancestry and 3.9% have Brazilian ancestry.

Crescent Beach Northwest is also pretty special linguistically. Significantly, 7.6% 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 99.6% of the neighborhoods in America.

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 Crescent Beach Northwest neighborhood. What is interesting to note, is that the Crescent Beach Northwest neighborhood has a greater percentage of residents born in another country (62.4%) than are found in 99.4% 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 Crescent Beach Northwest neighborhood in Revere are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.0% of U.S. neighborhoods. With 24.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.3% of U.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 Crescent Beach Northwest neighborhood, 36.7% of the working population is employed in manufacturing and laborer 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 36.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.5%), and 10.4% 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 Crescent Beach Northwest neighborhood is Spanish, spoken by 70.0% of households. Other important languages spoken here include English, Portuguese and Chinese.

Ethnicity / Ancestry

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 Crescent Beach Northwest neighborhood in Revere, MA, residents most commonly identify their ethnicity or ancestry as South American (24.6%). There are also a number of people of Asian ancestry (6.6%), and residents who report Puerto Rican roots (5.3%), and some of the residents are also of Italian ancestry (4.9%), along with some Brazilian ancestry residents (3.9%), among others. In addition, 62.4% 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 Crescent Beach Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (29.9% of working residents), longer and tougher than most commutes in America.

Here most residents (40.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.7%) and 14.0% of residents also carpool with coworkers, friends, or neighbors 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.


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