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Real Estate Prices & Overview

Central Maverick Square Paris Street median real estate price is $903,157, which is more expensive than 69.9% of the neighborhoods in Massachusetts and 87.0% of the neighborhoods in the U.S.

The average rental price in Central Maverick Square Paris Street is currently $3,824, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.0% of the neighborhoods in Massachusetts.

Central Maverick Square Paris Street is a densely urban neighborhood (based on population density) located in Boston, Massachusetts.

Central Maverick Square Paris Street real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Central Maverick Square Paris Street 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 1970 and 1999.

Home and apartment vacancy rates are 8.1% in Central Maverick Square Paris Street. NeighborhoodScout analysis shows that this rate is lower than 47.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Boston, the Central Maverick Square Paris Street neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Central Maverick Square Paris Street 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 91.3% of the real estate here is made up of such dwellings, which is higher than 100.0% of all U.S. neighborhoods.

In addition, the Central Maverick Square Paris Street neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 43,692 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods. 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 Central Maverick Square Paris Street neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 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 74.6% of the residential real estate in the Central Maverick Square Paris Street neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 47.9% of the Central Maverick Square Paris Street neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Central Maverick Square Paris Street neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.8% of all American neighborhoods.

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 Central Maverick Square Paris Street neighborhood has a highly unusual pattern of car ownership. 34.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.

Diversity

Did you know that the Central Maverick Square Paris Street neighborhood has more Brazilian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Brazilian ancestry and 27.6% have South American ancestry.

Central Maverick Square Paris Street is also pretty special linguistically. Significantly, 5.4% 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 99.3% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Central Maverick Square Paris Street neighborhood has a greater percentage of residents born in another country (64.6%) than are found in 99.5% of all U.S. neighborhoods.

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 Central Maverick Square Paris Street neighborhood in Boston are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.2% of the neighborhoods in America. With 26.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.6% of U.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 Central Maverick Square Paris Street neighborhood, 46.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.5%), and 3.7% in clerical, assistant, and tech support occupations.

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 Central Maverick Square Paris Street neighborhood is Spanish, spoken by 68.2% of households. Other important languages spoken here include English, Portuguese and Chinese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Central Maverick Square Paris Street neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as South American (27.6%). There are also a number of people of Brazilian ancestry (6.8%), and residents who report Italian roots (6.2%), and some of the residents are also of Asian ancestry (3.4%), along with some Irish ancestry residents (2.9%), among others. In addition, 64.6% 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 Central Maverick Square Paris Street neighborhood spend between 30 and 45 minutes commuting one-way to work (39.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (47.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.1%) and 9.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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