Needham, MA (Charles River Station / Charles River Village)




THIS IS A LIMITED PREVIEW OF THE

Charles River Station / Charles River Village

NEIGHBORHOOD REPORT
Unlock report

Have an Account? Log In

Need More? See Subscription plans

View a sample Pro Report

Have an Account? Log In

Need More? See Subscription plans


640 Vital Statistics. 30 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 7 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

Found
Crimes alerts

Crimes


67

Statistics

alerts 5 Alerts

Found
Schools alerts

Schools


65

Statistics

alerts 8 Alerts

Found

328

Statistics

alerts 8 Alerts

Found


About Needham, MA (Charles River Station / Charles River Village)


Real Estate Prices and Overview

Charles River Station / Charles River Village median real estate price is $1,143,992, which is more expensive than 96.5% of the neighborhoods in Massachusetts and 97.5% of the neighborhoods in the U.S.

The average rental price in Charles River Station / Charles River Village is currently $2,706, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.2% of the neighborhoods in Massachusetts.

Charles River Station / Charles River Village is a suburban neighborhood (based on population density) located in Needham, Massachusetts.

Charles River Station / Charles River Village real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Charles River Station / Charles River Village 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 Charles River Station / Charles River Village, the current vacancy rate is 3.9%, which is a lower rate of vacancies than 82.4% of all neighborhoods in the U.S. This means that the housing supply in Charles River Station / Charles River Village 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 Needham, the Charles River Station / Charles River Village neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Charles River Station / Charles River Village neighborhood is wealthier than 99.1% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Charles River Station / Charles River Village also has one of the lowest ratings of child poverty in the nation.

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 Charles River Station / Charles River Village neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.0% 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 Charles River Station / Charles River Village neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives, families with school-aged children and active retirees.

Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 41.7% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 98.5% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Notable & Unique: Diversity

Did you know that the Charles River Station / Charles River Village neighborhood has more Austrian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Austrian ancestry and 7.4% have Russian ancestry.

Charles River Station / Charles River Village is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Hebrew at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.

Notable & Unique: Occupations

Executives, managers and professionals make up 67.5% of the workforce in the Charles River Station / Charles River Village neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: Real Estate

One way that the Charles River Station / Charles River Village neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.


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 Charles River Station / Charles River Village neighborhood in Needham 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 99.1% 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.

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 Charles River Station / Charles River Village neighborhood, 67.5% 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 21.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.8%), and 4.2% 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 Charles River Station / Charles River Village neighborhood in Needham, MA, residents most commonly identify their ethnicity or ancestry as Irish (26.9%). There are also a number of people of Italian ancestry (11.6%), and residents who report German roots (10.1%), and some of the residents are also of English ancestry (10.1%), along with some Russian ancestry residents (7.4%), among others.

The Neighbors: Languages

The most common language spoken in the Charles River Station / Charles River Village neighborhood is English, spoken by 92.1% of households.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Charles River Station / Charles River Village neighborhood spend between 45 minutes and one hour commuting one-way to work (26.9% of working residents), longer and tougher than most commutes in America.

Here most residents (75.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (11.5%) and 7.7% 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

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Home Values, Rents: Federal Housing Finance Agency, U.S. Department of Housing and Urban Development.
  • Setting, Housing Stock, Homeownership: American Community Survey (U.S. Census Bureau), National Agriculture Statistics Service (U.S. Department of Agriculture).
Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

Nhoodhomepriceslocked
Nhoodhomepricesplot

years of average rent needed to buy average home in this neighborhood
years and months

Average Market Rent

 

Average Market Rent:
/ per month

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

Nhoodmonthlyrentlocked
Nhoodhomepricesplot

Setting

 
Nhoodsettinglocked

Neighborhood Look and Feel

Nhooddensitylocked

Housing Market Details

 

AGE OF Needham, MA (Charles River Station / Charles River Village) HOMES

Nhoodageofhomeslocked

TYPE OF Needham, MA (Charles River Station / Charles River Village) HOMES

Nhoodtypeofhomeslocked

SIZE OF Needham, MA (Charles River Station / Charles River Village) HOMES

Nhoodhomesizelocked

SIZE OF Needham, MA (Charles River Station / Charles River Village) HOMES

Nhoodspecialhomeslocked

homeownership

 
Nhoodonwershiplocked

Neighborhood Demographics Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau).

Date(s) & Update Frequency:   2015 (latest available). Updated annually.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
Nhoodlifestylelocked

Special character

 
Nhoodspecialcharacterlocked

Age / Marital Status

 

Age

Nhoodagelocked

Marital Status

Nhoodmaritallocked

Gender Ratio

Nhoodgenderlocked

Military & College Status

 
Nhoodcollegelocked

Household Types

 

One person households

Nhoodhouseholdtypes2

Same Sex Partners

Nhoodhouseholdtypes1

Married Couple with Child

Nhoodhouseholdtypes1

Single Parent with Child

Nhoodhouseholdtypes2

Employment Industries in Charles River Station / Charles River Village

 
Nhoodindustrieslocked

Commute to work

 

Average One-way Commute Time

Nhoodcommutedlocked

Means Of Transport

Nhoodtransportlocked

Vehicles Per Household

Nhoodvehicleslocked

Migration & Mobility

 
Nhoodmigrationlocked

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

Nhoodracelocked

Occupations

 
Nhoodoccupationlocked

Ancestries & Languages Spoken

 

Ancestry (top 20)

Nhoodancestrylocked

Languages Spoken (top 20)

Nhoodlanguageslocked

Unemployment Rate

 
Nhoodunemploymentlocked

Average Income

 

Per Capita Income

Nhoodcapitaincomelocked

Median Household Income

Nhoodhouseholdincomelocked

Education

 

Percent with College Degree

Nhoodcollegedegreelocked

Percent with Advanced Degree

Nhoodadvanceddegreelocked

income & education

 
Nhooddemoplotlocked

Neighborhood Crime Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   Uniform Crime Reporting Program (Federal Bureau of Investigation), additional data from local police agencies.

Date(s) & Update Frequency:   Reflects 2015 calendar year; released from FBI in Sept. 2016 (latest available). Updated annually. Wheres 2016 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 5 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
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Charles River Station / Charles River Village 0.101011101001110
Needham 0.101011101001110
Massachusetts 3.91

My Chances of Becoming a Victim of a Violent Crime

1 in

in Charles River Station / Charles River Village

1 in

in Needham

1 in 256

in Massachusetts

Needham 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
Charles River Station / Charles River Village 0.101011101001110
Needham 0.101011101001110
Massachusetts 16.91

My Chances of Becoming a Victim of a Property Crime

1 in

in Charles River Station / Charles River Village

1 in

in Needham

1 in 59

in Massachusetts

Needham 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
Charles River Station / Charles River Village 0.101011101001110
Needham 0.101011101001110
Massachusetts 27

Neighborhood Public School Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2015 – 2016 school year.
  • Expenditures: 2015
  • Educational Environment: 2015 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 8 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 serve this neighborhood. Info

Schools That Serve This Neighborhood *

Locked

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:

NEEDHAM


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
High Rock School
77 Ferndale Road
Needham, MA, 02492
06-06
William Mitchell School
187 Brookline Street
Needham, MA, 02492
KG-05
Needham High School
609 Webster Street
Needham, MA, 02494
09-12
John Eliot School
135 Wellesley Avenue
Needham, MA, 02494
KG-05
Hillside Elementary School
28 Glen Gary Rd
Needham, MA, 02494
KG-05
Pollard Middle School
200 Harris Avenue
Needham, MA, 02492
07-08
Broadmeadow School
120 Broadmeadow Rd
Needham, MA, 02492
KG-05
Newman Elementary School
1155 Central Avenue
Needham, MA, 02492
PK-05

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
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

comparable neighborhoods nearby Icon info alt