Real Estate Prices and Overview
Mount Pleasant St / Coggeshall St median real estate prices are $177,325, which is less expensive than 91.8% of Massachusetts neighborhoods
and 44.6% of all U.S. neighborhoods.
Average rental prices in Mount Pleasant St / Coggeshall St are currently
$545, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 96.6% of Massachusetts neighborhoods.
Mount Pleasant St / Coggeshall St is an urban neighborhood (based on population
density) located in New Bedford, Massachusetts.
Mount Pleasant St / Coggeshall St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the Mount Pleasant St / Coggeshall St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Mount Pleasant St / Coggeshall St are 6.4%,
which is lower than one will find in 67.7% of American
neighborhoods. Demand for real estate in Mount Pleasant St / Coggeshall St
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
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 New Bedford,
the Mount Pleasant St / Coggeshall St 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 Mount Pleasant St / Coggeshall St neighborhood has more
Portuguese and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 15.4% of
this neighborhood's residents have Portuguese ancestry and 28.9% have Puerto Rican ancestry.
Mount Pleasant St / Coggeshall St is also pretty special linguistically. Significantly, 5.4% 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 99.3% of the neighborhoods in America.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
Mount Pleasant St / Coggeshall St neighborhood about it; they already know. 25.1%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.1%
of American neighborhoods. Further NeighborhoodScout research showed strong
statistical correlations among high rates of children living in single
parent households, and neighborhood crime, particularly violent crime,
neighborhood poverty, and, importantly, the percentage of low weight births
and rates of infant mortality.
In addition, of note, 65.4% of the children in this area
live in poverty; an extraordinarily high percentage compared to other
neighborhoods in the nation. In a nation where approximately one in
four children grows up in poverty, this neighborhood stands out for
the depth of the problem manifested here.
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the Mount Pleasant St / Coggeshall St
neighborhood than in 97.9% of the neighborhoods in America. Despite
the loss of manufacturing jobs across the nation, this neighborhood remains
a place where, compared to other parts of the country, you will find many
laborers and manufacturers.
Notable & Unique: Real Estate
In addition, 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 Mount Pleasant St / Coggeshall St 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, 40.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.5% of America's neighborhoods.
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 Mount Pleasant St / Coggeshall St neighborhood in New Bedford are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 94.5% of U.S. neighborhoods.
With 65.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 96.9%
of U.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 Mount Pleasant St / Coggeshall St neighborhood, 44.3%
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 20.1% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(20.0%), and 15.7% in clerical, assistant, and tech support 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 Mount Pleasant St / Coggeshall St neighborhood in New Bedford, MA, residents
most commonly identify their ethnicity or ancestry as Puerto Rican
(28.9%). There are also a number of people of Portuguese ancestry (15.4%) , and residents who report Sub-Saharan African roots (9.7%) , and some of the residents are also of French ancestry (4.6%) , along with some English ancestry residents (3.1%), among others.
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 Mount Pleasant St / Coggeshall St
neighborhood is Spanish, spoken by 46.6% of households. Other important languages spoken here include English, Portuguese and French.
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 Mount Pleasant St / Coggeshall St neighborhood spend
under 15 minutes commuting one-way to work (53.0% of working
residents), one of the shortest commutes across America.
Here most residents (67.8%) 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 (20.6%) and 8.6% of residents also hop out the door and walk to work 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.