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Real Estate Prices & Overview

Carew St / Merrimac Ave median real estate price is $298,629, which is less expensive than 94.1% of Massachusetts neighborhoods and 61.0% of all U.S. neighborhoods.

The average rental price in Carew St / Merrimac Ave is currently $1,873, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.7% of Massachusetts neighborhoods.

Carew St / Merrimac Ave is a suburban neighborhood (based on population density) located in Springfield, Massachusetts.

Carew St / Merrimac Ave 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 Carew St / Merrimac Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Carew St / Merrimac Ave are 5.5%, which is lower than one will find in 62.9% of American neighborhoods. Demand for real estate in Carew St / Merrimac Ave 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.

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.

Diversity

Did you know that the Carew St / Merrimac Ave neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.5% of this neighborhood's residents have Puerto Rican ancestry and 7.6% have Dominican ancestry.

Carew St / Merrimac Ave is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 95.9% of the neighborhoods in America.

The Neighbors

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 Carew St / Merrimac Ave neighborhood in Springfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.6% of U.S. neighborhoods. In addition, 6.7% 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 59.6% of America'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 Carew St / Merrimac Ave neighborhood, 38.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.8%), and 11.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Carew St / Merrimac Ave neighborhood is English, spoken by 49.1% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Carew St / Merrimac Ave neighborhood in Springfield, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (40.5%). There are also a number of people of Irish ancestry (8.6%), and residents who report Dominican roots (7.6%), and some of the residents are also of French ancestry (6.5%), along with some Italian ancestry residents (5.2%), among others. In addition, 12.2% 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 Carew St / Merrimac Ave neighborhood spend under 15 minutes commuting one-way to work (42.1% of working residents), one of the shortest commutes across America.

Here most residents (79.2%) 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 (7.9%) . 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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