Real Estate Prices and Overview
North Madison / Rockland median real estate prices are $424,988, which is more expensive than 87.8% of the neighborhoods
in Connecticut and 89.1% of the
neighborhoods in the U.S.
Average rental prices in North Madison / Rockland are currently
$1,714, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.0%
of the neighborhoods in Connecticut.
North Madison / Rockland is a suburban neighborhood (based on population
density) located in Madison, Connecticut.
North Madison / Rockland real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the North Madison / Rockland neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in North Madison / Rockland are 5.8%,
which is lower than one will find in 70.9% of American
neighborhoods. Demand for real estate in North Madison / Rockland
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
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
Notable & Unique: People
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 2.9% of America's neighborhoods are wealthier than the
North Madison / Rockland neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
As one would expect in a considerably wealthy neighborhood such as this,
North Madison / Rockland also has one of the lowest ratings of child
poverty in the nation.
In addition, if you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the North Madison / Rockland
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 97.7% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the North Madison / Rockland
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for families with school-aged children , highly educated executives and active retirees.
Also, some neighborhoods have residents that are more educated than others. But
in this neighborhood there is a dramatic difference. NeighborhoodScout's
exclusive analysis reveals that 32.8% of the adults here have
earned a Masters degree, medical degree, Ph.D. or law degree. This is a
higher rate of people with a graduate degree than is found in
96.4% of U.S. neighborhoods, where the average American
neighborhood has 8.4% of its adults with a graduate degree. If you are
highly educated, you may have much in common with many of your neighbors here.
Notable & Unique: Diversity
Did you know that the North Madison / Rockland neighborhood has more
Irish and Scottish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 22.9% of
this neighborhood's residents have Irish ancestry and 5.1% have Scottish ancestry.
North Madison / Rockland is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily
speak Polish at home. While this may seem like a small percentage, it is higher
than 95.5% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 70.6% of the workforce
in the North Madison / Rockland neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 98.4% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: 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 North Madison / Rockland
More residents of the North Madison / Rockland neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 97.5% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Real Estate
In addition, owner-occupied real estate dominates the North Madison / Rockland neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 96.8% of neighborhoods in America.
Furthermore, one way that the North Madison / Rockland neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
The Neighbors: Income
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 North Madison / Rockland neighborhood in Madison are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 97.1% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
of America's neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the North Madison / Rockland neighborhood, 70.6%
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 20.1% of the residents employed.
Other residents here are employed in government jobs, whether they are in local, state, or federal positions
(6.6%), and 5.3% in manufacturing and laborer occupations.
The Neighbors: 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 North Madison / Rockland neighborhood in Madison, CT, residents
most commonly identify their ethnicity or ancestry as Irish
(22.9%). There are also a number of people of Italian ancestry (17.7%) , and residents who report English roots (6.9%) , and some of the residents are also of German ancestry (6.3%) , along with some Polish ancestry residents (5.5%), among others.
The Neighbors: Languages
The most common language spoken in the North Madison / Rockland
neighborhood is English, spoken by 95.4% of households.
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 North Madison / Rockland neighborhood spend
between 15 and 30 minutes commuting one-way to work (29.8% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.3%) 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 (8.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.