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Real Estate Prices & Overview

Asylum Hill median real estate price is $133,736, which is less expensive than 94.0% of Connecticut neighborhoods and 89.0% of all U.S. neighborhoods.

The average rental price in Asylum Hill is currently $1,429, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.3% of Connecticut neighborhoods.

Asylum Hill is a densely urban neighborhood (based on population density) located in Hartford, Connecticut.

Asylum Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Asylum Hill neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Asylum Hill. The current real estate vacancy rate here is 20.3%. This is higher than the rate of vacancies in 87.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Hartford, the Asylum Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the most interesting things about the Asylum Hill neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 75.9% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.9% of the neighborhoods in America.

In addition, one of the unique characteristics of the Asylum Hill neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.6% of the neighborhoods in America. Also of note, 53.8% 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.

Real Estate

The Asylum Hill neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 95.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, one of the really unique and interesting things about the look and setting of the Asylum Hill neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.2% of all neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the Asylum Hill neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.0%, which is higher than 95.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (15.3% ride the bus) than 97.4% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the Asylum Hill neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.7% of this neighborhood's residents have African ancestry and 20.3% have Sub-Saharan African ancestry.

Asylum Hill is also pretty special linguistically. Significantly, 14.6% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.

The Neighbors

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 Asylum Hill neighborhood in Hartford are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 53.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.3% of U.S. neighborhoods.

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 Asylum Hill neighborhood, 36.4% 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 27.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.3%), and 11.9% in government jobs, whether they are in local, state, or federal positions.

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 Asylum Hill neighborhood is English, spoken by 70.1% of households. Other important languages spoken here include French, Spanish and African languages.

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 Asylum Hill neighborhood in Hartford, CT, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.3%). There are also a number of people of African ancestry (15.7%), and residents who report Puerto Rican roots (9.8%), and some of the residents are also of Asian ancestry (8.2%), along with some German ancestry residents (5.9%), among others. In addition, 28.5% of the residents of this neighborhood were born in another country.

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 Asylum Hill neighborhood spend under 15 minutes commuting one-way to work (40.9% of working residents), one of the shortest commutes across America.

Here most residents (55.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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