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 Waterbury,
the E Main St / Orange 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 E Main St / Orange St neighborhood has more
Puerto Rican and Dominican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 34.3% of
this neighborhood's residents have Puerto Rican ancestry and 8.7% have Dominican ancestry.
E Main St / Orange St is also pretty special linguistically. Significantly, 1.5% 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 96.8% of the neighborhoods in America.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
E Main St / Orange St neighborhood about it; they already know. 27.5%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.2%
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, the E Main St / Orange St neighborhood stands out for having an
average per capita income lower than 97.6% of the neighborhoods
in the United States.
Notable & Unique: Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E Main St / Orange St neighborhood is one of the most walkable neighborhoods in America.
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 E Main St / Orange St 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 77.2% of the real estate here is made up of such dwellings, which is higher than 99.9% of all U.S. neighborhoods.
Furthermore, renter-occupied real estate is dominant in the E Main St / Orange St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.5%, which is higher than 95.5% 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. Despite all of the residential real estate here in the E Main St / Orange St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 36.4%, which is higher than 96.5% of all U.S. neighborhoods.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 74.9% of the residential real estate in the E Main St / Orange St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the E Main St / Orange St neighborhood has
a highly unusual pattern of car ownership.
21.9% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
95.1% of U.S. neighborhoods.