Real Estate Prices and Overview
Nobscot median real estate prices are $364,161, which is more expensive than 67.0% of the neighborhoods
in Massachusetts and 84.6% of the
neighborhoods in the U.S.
Average rental prices in Nobscot are currently
$999, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 60.6% of Massachusetts neighborhoods.
Nobscot is a suburban neighborhood (based on population
density) located in Framingham, Massachusetts.
Nobscot real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Nobscot neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Nobscot, the current vacancy rate is 2.2%,
which is a lower rate of vacancies than 91.2% of all neighborhoods
in the U.S. This means that the housing supply in Nobscot
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Framingham,
the Nobscot neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Nobscot neighborhood has more
Brazilian and Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.8% of
this neighborhood's residents have Brazilian ancestry and 1.3% have Canadian ancestry.
Nobscot is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 98.7% of the neighborhoods in America.
The Neighbors: Income
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 Nobscot neighborhood in Framingham 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 89.7% of the neighborhoods in America.
In addition, 4.1% 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 78.3%
of America's neighborhoods.
The Neighbors: Occupations
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 Nobscot neighborhood, 44.3%
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 25.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.6%), and 13.0% 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 Nobscot neighborhood in Framingham, MA, residents
most commonly identify their ethnicity or ancestry as Irish
(17.3%). There are also a number of people of Italian ancestry (8.5%) , and residents who report English roots (8.5%) , and some of the residents are also of German ancestry (5.0%) , along with some Asian ancestry residents (4.6%), among others. In addition, 16.3% of the residents of this neighborhood were born in another country.
The Neighbors: 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 Nobscot
neighborhood is English, spoken by 80.4% of households. Other important languages spoken here include Russian, Portuguese, Spanish and Chinese.
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 Nobscot neighborhood spend
between 30 and 45 minutes commuting one-way to work (29.6% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (91.2%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.