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Real Estate Prices & Overview

Vinnin Square median real estate price is $572,778, which is more expensive than 38.8% of the neighborhoods in Massachusetts and 73.2% of the neighborhoods in the U.S.

The average rental price in Vinnin Square is currently $2,735, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.5% of Massachusetts neighborhoods.

Vinnin Square is an urban neighborhood (based on population density) located in Salem, Massachusetts.

Vinnin Square real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Vinnin Square neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.9% in Vinnin Square. NeighborhoodScout analysis shows that this rate is lower than 54.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

People

An extraordinary 15.6% of the residents of the Vinnin Square neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, one of the really interesting characteristics about the Vinnin Square 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 4.8% of college-friendly places to live in the state of Massachusetts.

Diversity

Did you know that the Vinnin Square neighborhood has more Romanian and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have Romanian ancestry and 4.0% have French Canadian ancestry.

Vinnin Square is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.

The Neighbors

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 Vinnin Square neighborhood in Salem are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.9% of the neighborhoods in America. With 21.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Vinnin Square neighborhood, 43.5% 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 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.1%), and 10.8% in manufacturing and laborer occupations.

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 Vinnin Square neighborhood is English, spoken by 80.5% of households. Other important languages spoken here include Spanish, Portuguese and Greek.

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 Vinnin Square neighborhood in Salem, MA, residents most commonly identify their ethnicity or ancestry as Irish (22.4%). There are also a number of people of Italian ancestry (11.4%), and residents who report English roots (8.6%), and some of the residents are also of French ancestry (5.3%), along with some Polish ancestry residents (5.1%), among others. In addition, 13.3% of the residents of this neighborhood were born in another country.

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 Vinnin Square neighborhood spend under 15 minutes commuting one-way to work (28.5% of working residents), one of the shortest commutes across America.

Here most residents (66.8%) 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 (12.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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