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Real Estate Prices & Overview

Smalltown / Waquoit Village median real estate price is $601,666, which is more expensive than 45.3% of the neighborhoods in Massachusetts and 76.9% of the neighborhoods in the U.S.

The average rental price in Smalltown / Waquoit Village is currently $4,295, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.5% of the neighborhoods in Massachusetts.

Smalltown / Waquoit Village is a rural neighborhood (based on population density) located in Falmouth, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Smalltown / Waquoit Village real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Smalltown / Waquoit Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Smalltown / Waquoit Village. The current real estate vacancy rate here is 26.6%. This is higher than the rate of vacancies in 92.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.7%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Smalltown / Waquoit Village 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, Smalltown / Waquoit Village 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, the Smalltown / Waquoit Village neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.7% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 95.8% of all neighborhoods in America.

Furthermore, real estate in the Smalltown / Waquoit Village neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.0% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

People

In a nation where 1 out of every 4 children lives in poverty, the Smalltown / Waquoit Village neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, smalltown / Waquoit Village is ranked among the top 9.7% of neighborhoods for first-time home buyers to consider in the state of Massachusetts according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Smalltown / Waquoit Village neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.

Diversity

Did you know that the Smalltown / Waquoit Village neighborhood has more Portuguese and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.4% of this neighborhood's residents have Portuguese ancestry and 27.4% have Irish ancestry.

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 Smalltown / Waquoit Village neighborhood in Falmouth are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.1% 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.

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 Smalltown / Waquoit Village neighborhood, 37.3% 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 27.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.9%), and 10.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Smalltown / Waquoit Village neighborhood is English, spoken by 96.8% of households. Some people also speak Polish (2.1%).

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 Smalltown / Waquoit Village neighborhood in Falmouth, MA, residents most commonly identify their ethnicity or ancestry as Irish (27.4%). There are also a number of people of English ancestry (15.5%), and residents who report German roots (12.0%), and some of the residents are also of French ancestry (10.5%), along with some Portuguese ancestry residents (10.4%), among others.

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 Smalltown / Waquoit Village neighborhood spend between 15 and 30 minutes commuting one-way to work (42.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.2%) 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 (10.3%) . 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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