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Real Estate Prices & Overview

Corey Hill median real estate price is $3,032,879, which is more expensive than 99.3% of the neighborhoods in Massachusetts and 99.4% of the neighborhoods in the U.S.

The average rental price in Corey Hill is currently $5,354, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.3% of the neighborhoods in Massachusetts.

Corey Hill is a densely urban neighborhood (based on population density) located in Brookline, Massachusetts.

Corey Hill real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Corey Hill 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 Corey Hill, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.2% of all neighborhoods in the U.S. This means that the housing supply in Corey Hill 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 Brookline, the Corey Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

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 0.5% of America's neighborhoods are wealthier than the Corey Hill 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. As one would expect in a considerably wealthy neighborhood such as this, Corey Hill also has one of the lowest ratings of child poverty in the nation.

In addition, a majority of the adults in the Corey Hill neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Massachusetts by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.9% of the neighborhoods in Massachusetts. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and college students.

Also, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Corey Hill neighborhood, where 60.8% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.8% of the neighborhoods in America.

Occupations

Executives, managers and professionals make up 83.5% of the workforce in the Corey Hill neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.1% of residents in the Corey Hill neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the Corey Hill neighborhood, 14.5% 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 96.3% of the neighborhoods in America.

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 Corey Hill neighborhood is one of the most walkable neighborhoods in America.

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 Corey Hill neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 56.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.6% of the neighborhoods in the United States.

Diversity

Did you know that the Corey Hill neighborhood has more Russian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Russian ancestry and 5.3% have Scottish ancestry.

Corey Hill is also pretty special linguistically. Significantly, 3.1% 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 99.4% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Corey Hill neighborhood in Brookline 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 99.5% 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.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Corey Hill neighborhood, 83.5% 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 7.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.2%), and 3.5% 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 Corey Hill neighborhood is English, spoken by 78.7% of households. Other important languages spoken here include Chinese, Spanish, Russian and German/Yiddish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Corey Hill neighborhood in Brookline, MA, residents most commonly identify their ethnicity or ancestry as Asian (21.1%). There are also a number of people of German ancestry (6.8%), and residents who report Scottish roots (5.3%), and some of the residents are also of Irish ancestry (4.5%), along with some Russian ancestry residents (4.1%), among others. In addition, 29.8% 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 Corey Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (35.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (35.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (14.5%) and 9.9% of residents also hop out the door and walk to work 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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