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Real Estate Prices & Overview

Thompson Square Bunker Hill West median real estate price is $1,326,485, which is more expensive than 92.7% of the neighborhoods in Massachusetts and 96.2% of the neighborhoods in the U.S.

The average rental price in Thompson Square Bunker Hill West is currently $3,613, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.7% of the neighborhoods in Massachusetts.

Thompson Square Bunker Hill West is a densely urban neighborhood (based on population density) located in Boston, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Thompson Square Bunker Hill West 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 occupied by a mixture of owners and renters. Many of the residences in the Thompson Square Bunker Hill West 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.

Real estate vacancies in Thompson Square Bunker Hill West are 5.4%, which is lower than one will find in 63.6% of American neighborhoods. Demand for real estate in Thompson Square Bunker Hill West is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

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 Thompson Square Bunker Hill West neighborhood is one of the most walkable neighborhoods in America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Thompson Square Bunker Hill West neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Thompson Square Bunker Hill West is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, 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 Thompson Square Bunker Hill West 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, 31.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.1% of America's neighborhoods.

People

In a nation where 1 out of every 4 children lives in poverty, the Thompson Square Bunker Hill West neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Thompson Square Bunker Hill West neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.8% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Thompson Square Bunker Hill West neighborhood.

Modes of Transportation

More people in Thompson Square Bunker Hill West choose to walk to work each day (26.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, in the Thompson Square Bunker Hill West neighborhood, 11.7% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.6% of the neighborhoods in America.

Diversity

Did you know that the Thompson Square Bunker Hill West neighborhood has more Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.9% of this neighborhood's residents have Irish ancestry.

Thompson Square Bunker Hill West is also pretty special linguistically. Significantly, 11.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.5% 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 Thompson Square Bunker Hill West neighborhood in Boston 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 90.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Thompson Square Bunker Hill West neighborhood, 58.2% 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 18.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.4%), and 8.7% 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 Thompson Square Bunker Hill West neighborhood is English, spoken by 86.1% of households. Other important languages spoken here include Italian 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 Thompson Square Bunker Hill West neighborhood in Boston, MA, residents most commonly identify their ethnicity or ancestry as Irish (38.9%). There are also a number of people of Italian ancestry (15.7%), and residents who report Asian roots (11.0%), and some of the residents are also of English ancestry (9.0%), along with some French ancestry residents (5.5%), among others. In addition, 15.1% 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 Thompson Square Bunker Hill West neighborhood spend between 30 and 45 minutes commuting one-way to work (44.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (27.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (26.2%) and 11.7% of residents also take the train 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.


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