Belmont, MA (Payson Park)



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640 Vital Statistics. 29 Condition Alerts found.

Real Estate alerts

Real Estate


44

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alerts 7 Alerts

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Demographics alerts

Demographics


136

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Crimes alerts

Crimes


67

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Schools


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About Belmont, MA (Payson Park)


Real Estate Prices and Overview

Payson Park median real estate price is $1,058,215, which is more expensive than 94.9% of the neighborhoods in Massachusetts and 96.9% of the neighborhoods in the U.S.

The average rental price in Payson Park is currently $3,556, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.6% of the neighborhoods in Massachusetts.

Payson Park is an urban neighborhood (based on population density) located in Belmont, Massachusetts.

Payson Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Payson Park 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.

In Payson Park, the current vacancy rate is 4.0%, which is a lower rate of vacancies than 81.3% of all neighborhoods in the U.S. This means that the housing supply in Payson Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Notable & 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 Payson Park neighborhood: a neighborhood in which more "urban sophisticates" live than 99.8% 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 to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

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 54.6% 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 99.7% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.0% of America's neighborhoods are wealthier than the Payson Park neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Notable & Unique: Occupations

The Payson Park neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.8% of the neighborhoods in America. In fact, 82.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Notable & Unique: Real Estate

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 Payson Park 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, 48.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.8% of America's neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Payson Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 81.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.7% of the neighborhoods in the United States.

Notable & Unique: Modes of Transportation

A unique way of commuting is simply not to. And in the Payson Park neighborhood, analysis shows that 12.3% 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 95.4% 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.

Notable & Unique: Diversity

Did you know that the Payson Park neighborhood has more Armenian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.7% of this neighborhood's residents have Armenian ancestry and 3.5% have Greek ancestry.

Payson Park is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.


The Neighbors

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 Payson Park neighborhood in Belmont 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 98.0% of the neighborhoods in America. In addition, 0.6% 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 88.5% of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Payson Park neighborhood, 82.0% 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 9.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.0%), and 2.7% in clerical, assistant, and tech support occupations.

The Neighbors: 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 Payson Park neighborhood is English, spoken by 70.3% of households. Other important languages spoken here include Chinese, Spanish, Greek and German/Yiddish.

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 Payson Park neighborhood in Belmont, MA, residents most commonly identify their ethnicity or ancestry as Irish (16.7%). There are also a number of people of English ancestry (12.8%), and residents who report Asian roots (11.2%), and some of the residents are also of German ancestry (8.7%), along with some Italian ancestry residents (8.6%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.

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 Payson Park neighborhood spend between 30 and 45 minutes commuting one-way to work (32.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (67.2%) 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 (13.6%) and 7.9% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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Rental Market

 

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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Belmont, MA (Payson Park) HOMES

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TYPE OF Belmont, MA (Payson Park) HOMES

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SIZE OF Belmont, MA (Payson Park) HOMES

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SIZE OF Belmont, MA (Payson Park) HOMES

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homeownership

 
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Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2018 (latest available). Updated annually. Please note: Unemployment data updated July 2020.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 3 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Single Parent with Child

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Employment Industries in Payson Park

 
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Commute to work

 

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Migration & Mobility

 
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Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Languages Spoken (top 20)

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Unemployment Rate

 
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Education

 

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income & education

 
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Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2018 calendar year; released from FBI in Sept. 2019 (latest available). Updated annually. Where is 2019 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 4 Condition Alerts found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Payson Park 0.101011101001110
Belmont 0.101011101001110
Massachusetts 3.38

My Chances of Becoming a Victim of a Violent Crime

1 in

in Payson Park

1 in

in Belmont

1 in 296

in Massachusetts

Belmont VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Payson Park 0.101011101001110
Belmont 0.101011101001110
Massachusetts 12.63

My Chances of Becoming a Victim of a Property Crime

1 in

in Payson Park

1 in

in Belmont

1 in 79

in Massachusetts

Belmont Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Payson Park 0.101011101001110
Belmont 0.101011101001110
Massachusetts 21

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2017
  • Educational Environment: 2018 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 10 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood

 
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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

BELMONT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Massachusetts

(10 is best)

Better than of MA school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to MA* Quality Rating Compared to Nation*
Belmont High School
221 Concord Avenue
Belmont, MA 02478
09-12
Daniel Butler School
90 White Street
Belmont, MA 02478
KG-04
Mary Lee Burbank School
266 School Street
Belmont, MA 02478
KG-04
Roger E Wellington School
121 Orchard Street
Belmont, MA 02478
PK-04
Winn Brook School
97 Waterhouse Rd
Belmont, MA 02478
KG-04
Winthrop L Chenery Middle School
95 Washington Street
Belmont, MA 02478
05-08
* 10 is highest

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
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Total Support
Non-instructional Expenditures
Total Expenditures

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