Real Estate Prices and Overview
Median real estate prices in the Town Center of Scarborough are $306,473, which is more expensive than 95.1% of the neighborhoods
in Maine and 78.7% of the
neighborhoods in the U.S.
Average rental prices in Scarborough Town Center are currently
$1,149, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 96.3%
of the neighborhoods in Maine.
Scarborough Town Center is a suburban neighborhood (based on population
density) located in Scarborough, Maine.
Real estate in the Town Center of Scarborough, ME is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Scarborough Town Center are 5.6%,
which is lower than one will find in 72.6% of American
neighborhoods. Demand for real estate in Scarborough Town Center
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 Scarborough,
the Town 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 Scarborough Town Center neighborhood has more
English and French ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 19.2% of
this neighborhood's residents have English ancestry and 9.7% have French ancestry.
Notable & Unique: People
A majority of the adults in the Scarborough Town Center neighborhood
are wealthy and educated executives. They own stately
homes that tend to maintain high real estate appreciation rates. Their
upper-level careers keep them busy, but allow them to live comfortably.
If you're an executive and want to keep similar company, consider settling
in this neighborhood, rated as an executive lifestyle
"best choice" neighborhood for Maine by NeighborhoodScout's analysis,
which rated it as better for executive lifestyles than 96.6%
of the neighborhoods in Maine.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
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 Town Center neighborhood in Scarborough are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 84.1% of the neighborhoods in America.
In addition, 5.1% 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 75.3%
of America'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 Scarborough Town Center neighborhood, 45.5%
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 30.3% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.5%), and 6.8% 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 Town Center neighborhood in Scarborough, ME, residents
most commonly identify their ethnicity or ancestry as English
(19.2%). There are also a number of people of Irish ancestry (14.0%) , and residents who report Italian roots (13.2%) , and some of the residents are also of French ancestry (9.7%) , along with some German ancestry residents (3.8%), among others.
The Neighbors: Languages
The most common language spoken in the Scarborough Town Center
neighborhood is English, spoken by 95.5% 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 Scarborough Town Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (48.9% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.0%) 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.