Real Estate Prices and Overview
Median real estate prices in the City Center of Bangor are $137,545, which is more expensive than 41.4% of the neighborhoods
in Maine and 40.6% of the
neighborhoods in the U.S.
Average rental prices in Bangor City Center are currently
$720, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 53.8% of Maine neighborhoods.
Bangor City Center is a suburban neighborhood (based on population
density) located in Bangor, Maine.
Real estate in the City Center of Bangor, ME is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Bangor City Center has a 14.2% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
71.0% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Bangor,
the City Center 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 Bangor City Center neighborhood has more
French Canadian and French ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.5% of
this neighborhood's residents have French Canadian ancestry and 11.2% have French ancestry.
Bangor City Center is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily
speak Navajo at home. While this may seem like a small percentage, it is higher
than 95.4% of the neighborhoods in America.
Notable & Unique: People
Of particular note, 4.8% of the people in the City Center
neighborhood currently reside in a correction facility, held due to
punishment for a crime.
In addition, the Bangor City Center neighborhood stands out within Maine
for its college student friendly environment. NeighborhoodScout's analysis
reveals that this neighborhood is home to a number of college students,
is relatively walkable, and above average in safety. In combination, this
makes it stand out for a good place for college students to consider.
Because a number of college students live here, this neighborhood may
be close to a college campus and offer certain amenities nearby geared
towards the student body. While it's not an environment for everyone,
ambitious scholars can enjoy seasonal excitement between semesters and
school breaks, and parents can rest easy knowing that the area has an
above average safety rating. For each of these reasons, the
neighborhood is rated among the top 7%
of college-friendly places to live in ME.
Notable & Unique: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Residents of the Bangor City Center neighborhood have the pleasure
of having one of the shortest commutes to work of any neighborhood in
America. 61.7% of the residents have a commute time from
home to work (one way) of less than fifteen minutes. This is a higher
proportion of residents enjoying a short trip to work than NeighborhoodScout
found in 95.8% of U.S. neighborhoods. Less time commuting
means more time for other things in life.
Notable & Unique: Real Estate
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bangor City Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 35.2% of the real estate here is made up of such dwellings, which is higher than 95.3% of all U.S. neighborhoods.
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 City Center neighborhood in Bangor are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 77.7% of U.S. neighborhoods.
With 34.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 78.8%
of U.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 Bangor City Center neighborhood, 35.6%
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 27.5% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(23.0%), and 11.9% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the City Center neighborhood in Bangor, ME, residents
most commonly identify their ethnicity or ancestry as English
(13.3%). There are also a number of people of Irish ancestry (12.4%) , and residents who report French roots (11.2%) , and some of the residents are also of Italian ancestry (10.4%) , along with some French Canadian ancestry residents (5.5%), among others.
The Neighbors: Languages
The most common language spoken in the Bangor City Center
neighborhood is English, spoken by 97.0% of households.
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 Bangor City Center neighborhood spend
under 15 minutes commuting one-way to work (61.7% of working
residents), one of the shortest commutes across America.
Here most residents (86.1%) 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 (5.8%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.