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 47.6% 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
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: 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 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 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
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
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.