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Real Estate Prices & Overview

Poet's Corner / Arlmont Village median real estate price is $855,205, which is more expensive than 77.2% of the neighborhoods in Massachusetts and 89.5% of the neighborhoods in the U.S.

The average rental price in Poet's Corner / Arlmont Village is currently $3,472, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.3% of Massachusetts neighborhoods.

Poet's Corner / Arlmont Village is an urban neighborhood (based on population density) located in Arlington, Massachusetts.

Poet's Corner / Arlmont Village real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Poet's Corner / Arlmont Village neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Poet's Corner / Arlmont Village, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 87.6% of all neighborhoods in the U.S. This means that the housing supply in Poet's Corner / Arlmont Village is very tight compared to the demand for property here.

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 Arlington, the Poet's Corner / Arlmont Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

Executives, managers and professionals make up 77.7% of the workforce in the Poet's Corner / Arlmont Village neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Poet's Corner / Arlmont Village neighborhood: a neighborhood in which more "urban sophisticates" live than 98.5% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 38.5% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.7% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Modes of Transportation

A unique way of commuting is simply not to. And in the Poet's Corner / Arlmont Village neighborhood, analysis shows that 23.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Poet's Corner / Arlmont Village neighborhood has more Armenian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Armenian ancestry and 2.3% have Iranian ancestry.

Poet's Corner / Arlmont Village is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

The Neighbors

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 Poet's Corner / Arlmont Village neighborhood in Arlington are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.6% of the neighborhoods in America. In addition, 0.9% 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 79.2% of America's neighborhoods.

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 Poet's Corner / Arlmont Village neighborhood, 77.7% 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 15.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.5%).

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 Poet's Corner / Arlmont Village neighborhood is English, spoken by 79.3% of households. Other important languages spoken here include Chinese, Spanish, French and Russian.

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 Poet's Corner / Arlmont Village neighborhood in Arlington, MA, residents most commonly identify their ethnicity or ancestry as Irish (25.1%). There are also a number of people of English ancestry (12.9%), and residents who report Asian roots (12.6%), and some of the residents are also of Italian ancestry (11.5%), along with some German ancestry residents (7.5%), among others. In addition, 19.5% 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 Poet's Corner / Arlmont Village neighborhood spend between 30 and 45 minutes commuting one-way to work (37.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.3%) . 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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