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Real Estate Prices & Overview

Agganis AC / Pine Hill median real estate price is $561,244, which is more expensive than 36.9% of the neighborhoods in Massachusetts and 71.4% of the neighborhoods in the U.S.

The average rental price in Agganis AC / Pine Hill is currently $2,723, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of Massachusetts neighborhoods.

Agganis AC / Pine Hill is an urban neighborhood (based on population density) located in Lynn, Massachusetts.

Agganis AC / Pine Hill 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 occupied by a mixture of owners and renters. Many of the residences in the Agganis AC / Pine 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 1970 and 1999.

In Agganis AC / Pine Hill, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.7% of all neighborhoods in the U.S. This means that the housing supply in Agganis AC / Pine 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 Lynn, the Agganis AC / Pine Hill 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 Agganis AC / Pine Hill 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 40.1% of the real estate here is made up of such dwellings, which is higher than 97.1% of all U.S. neighborhoods.

People

The Agganis AC / Pine Hill neighborhood stands out within Massachusetts for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.9% of college-friendly places to live in MA.

Diversity

Did you know that the Agganis AC / Pine Hill neighborhood has more Dominican and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.2% of this neighborhood's residents have Dominican ancestry and 6.1% have French Canadian ancestry.

Agganis AC / Pine Hill is also pretty special linguistically. Significantly, 0.5% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.9% 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 Agganis AC / Pine Hill neighborhood in Lynn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.9% of the neighborhoods in America. With 15.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.2% of U.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 Agganis AC / Pine Hill neighborhood, 29.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.0%), and 21.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Agganis AC / Pine Hill neighborhood is English, spoken by 56.9% of households. Some people also speak Spanish (39.3%).

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 Agganis AC / Pine Hill neighborhood in Lynn, MA, residents most commonly identify their ethnicity or ancestry as Dominican (22.2%). There are also a number of people of Irish ancestry (13.7%), and residents who report Italian roots (9.8%), and some of the residents are also of French Canadian ancestry (6.1%), along with some Puerto Rican ancestry residents (6.1%), among others. In addition, 26.0% 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 Agganis AC / Pine Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (33.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.3%) 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 (10.0%) . 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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