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Real Estate Prices & Overview

Boston Worcester Tpke / Otis St median real estate price is $727,210, which is more expensive than 66.0% of the neighborhoods in Massachusetts and 85.1% of the neighborhoods in the U.S.

The average rental price in Boston Worcester Tpke / Otis St is currently $3,807, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.6% of the neighborhoods in Massachusetts.

Boston Worcester Tpke / Otis St is a suburban neighborhood (based on population density) located in Westborough, Massachusetts.

Boston Worcester Tpke / Otis St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments 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 Boston Worcester Tpke / Otis St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Boston Worcester Tpke / Otis St are 5.7%, which is lower than one will find in 63.2% of American neighborhoods. Demand for real estate in Boston Worcester Tpke / Otis St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Occupations

Executives, managers and professionals make up 76.4% of the workforce in the Boston Worcester Tpke / Otis St neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 80.6% of the adults living in the Boston Worcester Tpke / Otis St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.0% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Boston Worcester Tpke / Otis St neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, if you're nearing retirement age, or in retirement, the Boston Worcester Tpke / Otis St is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.7% of retiree-friendly neighborhoods in Massachusetts, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Massachusetts. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Boston Worcester Tpke / Otis St neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.3% of this neighborhood's residents have Asian ancestry.

Boston Worcester Tpke / Otis St is also pretty special linguistically. Significantly, 28.4% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Boston Worcester Tpke / Otis St neighborhood has a greater percentage of residents born in another country (44.9%) than are found in 96.1% of all U.S. neighborhoods.

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 Boston Worcester Tpke / Otis St neighborhood in Westborough 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 92.2% of the neighborhoods in America. In addition, 8.1% 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 56.3% of America'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 Boston Worcester Tpke / Otis St neighborhood, 76.4% 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 14.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.1%), and 2.4% 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 Boston Worcester Tpke / Otis St neighborhood is English, spoken by 46.5% of households. Other important languages spoken here include Langs. of India, Polish, African languages and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Boston Worcester Tpke / Otis St neighborhood in Westborough, MA, residents most commonly identify their ethnicity or ancestry as Asian (58.3%). There are also a number of people of Irish ancestry (8.6%), and residents who report Italian roots (6.4%), and some of the residents are also of English ancestry (4.2%), along with some Polish ancestry residents (4.0%), among others. In addition, 44.9% 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 Boston Worcester Tpke / Otis St neighborhood spend between 15 and 30 minutes commuting one-way to work (34.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.4%) 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 (9.9%) and 5.5% of residents also take the train 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.


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