Real Estate Prices and Overview
Median real estate prices in the City Center of Bangor are $137,545, which is more expensive than 41.6% of the neighborhoods
in Maine and 40.7% 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
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
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, 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 Bangor City Center 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, 35.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.3% of America's neighborhoods.
The Neighbors: Income
There are two complimentary 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 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
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
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
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 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
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 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.