Peabody, MA (Jubilee Dr / 1st Ave)



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640 Vital Statistics. 8 Condition Alerts found.

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About Peabody, MA (Jubilee Dr / 1st Ave)


Real Estate Prices and Overview

Jubilee Dr / 1st Ave median real estate price is $428,735, which is more expensive than 50.5% of the neighborhoods in Massachusetts and 79.3% of the neighborhoods in the U.S.

The average rental price in Jubilee Dr / 1st Ave is currently $2,110, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.9% of the neighborhoods in Massachusetts.

Jubilee Dr / 1st Ave is a suburban neighborhood (based on population density) located in Peabody, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Jubilee Dr / 1st Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Jubilee Dr / 1st Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Jubilee Dr / 1st Ave, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 94.3% of all neighborhoods in the U.S. This means that the housing supply in Jubilee Dr / 1st Ave 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: Real Estate

Jubilee Dr / 1st Ave is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Jubilee Dr / 1st Ave 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.

Notable & Unique: Diversity

Did you know that the Jubilee Dr / 1st Ave neighborhood has more Portuguese and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.8% of this neighborhood's residents have Portuguese ancestry and 3.2% have Greek ancestry.

Jubilee Dr / 1st Ave is also pretty special linguistically. Significantly, 5.2% 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 99.3% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Jubilee Dr / 1st Ave neighborhood in Peabody are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.1% of the neighborhoods in America. In addition, 6.5% 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 72.5% of America's neighborhoods.

The Neighbors: Occupations

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Jubilee Dr / 1st Ave neighborhood, 37.7% 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.8%), and 13.4% in clerical, assistant, and tech support occupations.

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 Jubilee Dr / 1st Ave neighborhood is English, spoken by 79.6% of households. Other important languages spoken here include Portuguese, Italian, African languages and Spanish.

The Neighbors: 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 Jubilee Dr / 1st Ave neighborhood in Peabody, MA, residents most commonly identify their ethnicity or ancestry as Irish (23.0%). There are also a number of people of Italian ancestry (22.1%), and residents who report French roots (10.3%), and some of the residents are also of English ancestry (8.5%), along with some Portuguese ancestry residents (6.8%), among others. In addition, 15.3% 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 Jubilee Dr / 1st Ave neighborhood spend under 15 minutes commuting one-way to work (31.9% of working residents), one of the shortest commutes across America.

Here most residents (81.6%) 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 (11.8%) . 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

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

44 Vital Statistics. 2 Condition Alerts found.

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

Setting

 

Neighborhood Look and Feel

Housing Market Details

 

AGE OF Peabody, MA (Jubilee Dr / 1st Ave) HOMES

TYPE OF Peabody, MA (Jubilee Dr / 1st Ave) HOMES

SIZE OF Peabody, MA (Jubilee Dr / 1st Ave) HOMES

SIZE OF Peabody, MA (Jubilee Dr / 1st Ave) HOMES

homeownership

 

Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2016 (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. 0 Condition Alerts found.

Lifestyle

 

Special character

 

Age / Marital Status

 

Age

Marital Status

Gender Ratio

Military & College Status

 

Household Types

 

One person households

Same Sex Partners

Married Couple with Child

Single Parent with Child

Employment Industries in Jubilee Dr / 1st Ave

 

Commute to work

 

Average One-way Commute Time

Means Of Transport

Vehicles Per Household

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

Languages Spoken (top 20)

Unemployment Rate

 

Average Income

 

Per Capita Income

Median Household Income

Education

 

Percent with College Degree

Percent with Advanced Degree

income & education

 

Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2016 calendar year; released from FBI in Sept. 2017 (latest available). Updated annually. Where is 2017 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. 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
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
Jubilee Dr / 1st Ave 0.101011101001110
Peabody 0.101011101001110
Massachusetts 3.77

My Chances of Becoming a Victim of a Violent Crime

1 in

in Jubilee Dr / 1st Ave

1 in

in Peabody

1 in 265

in Massachusetts

Peabody 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
Jubilee Dr / 1st Ave 0.101011101001110
Peabody 0.101011101001110
Massachusetts 15.61

My Chances of Becoming a Victim of a Property Crime

1 in

in Jubilee Dr / 1st Ave

1 in

in Peabody

1 in 64

in Massachusetts

Peabody 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
Jubilee Dr / 1st Ave 0.101011101001110
Peabody 0.101011101001110
Massachusetts 25

Neighborhood Public School Data

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 2016 – 2017 school year.
  • Expenditures: 2015
  • Educational Environment: 2016 (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. 1 Condition Alert 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 *

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:

PEABODY


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
Center School
18 Irving Street
Peabody, MA, 01960
KG-05
J Henry Higgins Middle School
85 Perkins Street
Peabody, MA, 01960
06-08
John E Burke School
127 Birch Street
Peabody, MA, 01960
KG-05
Captain Samuel Brown School
150 Lynn Street
Peabody, MA, 01960
KG-05
South Memorial School
16 Maple St Ext
Peabody, MA, 01960
PK-05
Thomas Carroll School
60 Northend Street
Peabody, MA, 01960
KG-05
Peabody Veterans Memorial High School
485 Lowell Street
Peabody, MA, 01960
09-12
West Memorial School
15 Bow Street
Peabody, MA, 01960
PK-05
William A Welch Sr School
50 Swampscott Avenue
Peabody, MA, 01960
PK-05
John E. Mccarthy School
76 Lake Street
Peabody, MA, 01960
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

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