Malden, MA (Ferry St / Essex St)




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Ferry St / Essex St

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640 Vital Statistics. 16 Condition Alerts found.

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Real Estate


44

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Demographics alerts

Demographics


136

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Crimes


67

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Schools alerts

Schools


65

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328

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About Malden, MA (Ferry St / Essex St)


Real Estate Prices and Overview

Ferry St / Essex St median real estate price is $406,149, which is more expensive than 56.1% of the neighborhoods in Massachusetts and 81.6% of the neighborhoods in the U.S.

The average rental price in Ferry St / Essex St is currently $1,545, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.8% of Massachusetts neighborhoods.

Ferry St / Essex St is a densely urban neighborhood (based on population density) located in Malden, Massachusetts.

Ferry St / Essex St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Ferry St / Essex St 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 Ferry St / Essex St, the current vacancy rate is 4.4%, which is a lower rate of vacancies than 80.1% of all neighborhoods in the U.S. This means that the housing supply in Ferry St / Essex St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Notable & Unique: Diversity

Did you know that the Ferry St / Essex St neighborhood has more Brazilian and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Brazilian ancestry and 15.4% have Haitian ancestry.

Ferry St / Essex St is also pretty special linguistically. Significantly, 7.5% 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 99.6% of the neighborhoods in America.

Notable & Unique: 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 Ferry St / Essex St 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 65.4% of the real estate here is made up of such dwellings, which is higher than 99.4% of all U.S. neighborhoods.

In addition, 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 Ferry St / Essex St 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 80.4% of the residential real estate in the Ferry St / Essex St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Notable & Unique: People

One of the really interesting characteristics about the Ferry St / Essex St neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.0% of college-friendly places to live in the state of Massachusetts.

Notable & Unique: Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Ferry St / Essex St neighborhood. What is interesting to note, is that the Ferry St / Essex St neighborhood has a greater percentage of residents born in another country (48.6%) than are found in 97.4% of all U.S. neighborhoods.

Notable & Unique: Modes of Transportation

In the Ferry St / Essex St neighborhood, 24.6% 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 97.0% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Ferry St / Essex St neighborhood in Malden are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.6% of the neighborhoods in America. With 26.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.2% of U.S. neighborhoods.

The Neighbors: Occupations

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 Ferry St / Essex St neighborhood, 40.2% 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 executive, management, and professional occupations, with 30.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 11.9% in manufacturing and laborer occupations.

The Neighbors: 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 Ferry St / Essex St neighborhood in Malden, MA, residents most commonly identify their ethnicity or ancestry as Asian (17.5%). There are also a number of people of Haitian ancestry (15.4%), and residents who report Irish roots (8.8%), and some of the residents are also of Italian ancestry (8.6%), along with some Brazilian ancestry residents (5.6%), among others. In addition, 48.6% of the residents of this neighborhood were born in another country.

The Neighbors: 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 Ferry St / Essex St neighborhood is English, spoken by 37.3% of households. Other important languages spoken here include Spanish, Chinese, Portuguese and Arabic.

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 Ferry St / Essex St neighborhood spend between 30 and 45 minutes commuting one-way to work (30.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (49.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.6%) and 12.6% of residents also carpool with coworkers, friends, or neighbors 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.

Neighborhood Real Estate Data

44 Vital Statistics. 2 Condition Alerts found.

Average Home Values

 

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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Malden, MA (Ferry St / Essex St) HOMES

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TYPE OF Malden, MA (Ferry St / Essex St) HOMES

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SIZE OF Malden, MA (Ferry St / Essex St) HOMES

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SIZE OF Malden, MA (Ferry St / Essex St) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 1 Condition Alert found.

Lifestyle

 
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Household Types

 

One person households

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Employment Industries in Ferry St / Essex St

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Neighborhood Crime Data

67 Vital Statistics. 0 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
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Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Ferry St / Essex St 0.101011101001110
Malden 0.101011101001110
Massachusetts 3.91
My Chances of Becoming a Victim of a Violent Crime

1 in

in Ferry St / Essex St

1 in

in Malden

1 in 256

in Massachusetts
Malden VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Ferry St / Essex St 0.101011101001110
Malden 0.101011101001110
Massachusetts 16.91
My Chances of Becoming a Victim of a Property Crime

1 in

in Ferry St / Essex St

1 in

in Malden

1 in 59

in Massachusetts
Malden Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Ferry St / Essex St 0.101011101001110
Malden 0.101011101001110
Massachusetts 27

Neighborhood Public School Data

65 Vital Statistics. 7 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

MALDEN


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Massachusetts

(10 is best)

Better than of MA school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to MA Quality Rating Compared to Nation
Malden High
77 Salem Street
Malden, MA, 02148
09-12
Beebe
401 Pleasant Street
Malden, MA, 02148
KG-08
Ferryway
150 Cross Street
Malden, MA, 02148
KG-08
Forestdale
74 Sylvan Street
Malden, MA, 02148
KG-08
Linden
29 Wescott Street
Malden, MA, 02148
KG-08
Salemwood
529 Salem Street
Malden, MA, 02148
KG-08
Malden Early Learning Center
257 Mountain Avenue
Malden, MA, 02148
PK-PK

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
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