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Real Estate Prices & Overview

North Weymouth median real estate price is $638,361, which is more expensive than 41.7% of the neighborhoods in Massachusetts and 76.1% of the neighborhoods in the U.S.

The average rental price in North Weymouth is currently $3,161, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.3% of Massachusetts neighborhoods.

North Weymouth is a suburban neighborhood (based on population density) located in Weymouth, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

North Weymouth 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 owner occupied. Many of the residences in the North Weymouth neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In North Weymouth, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.3% of all neighborhoods in the U.S. This means that the housing supply in North Weymouth 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 Weymouth, the North Weymouth neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

North Weymouth 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, North Weymouth 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.

Diversity

Did you know that the North Weymouth neighborhood has more Irish and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.4% of this neighborhood's residents have Irish ancestry and 5.4% have French Canadian ancestry.

North Weymouth is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

The Neighbors

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 North Weymouth neighborhood in Weymouth are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.2% of the neighborhoods in America. In addition, 4.5% 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 65.8% of America's neighborhoods.

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 North Weymouth neighborhood, 44.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.8%), and 12.3% in clerical, assistant, and tech support 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 North Weymouth neighborhood is English, spoken by 85.9% of households. Other important languages spoken here include Chinese and Polish.

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 North Weymouth neighborhood in Weymouth, MA, residents most commonly identify their ethnicity or ancestry as Irish (33.4%). There are also a number of people of English ancestry (14.7%), and residents who report Italian roots (13.7%), and some of the residents are also of Asian ancestry (11.3%), along with some German ancestry residents (6.1%), among others. In addition, 17.0% 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 North Weymouth neighborhood spend between 15 and 30 minutes commuting one-way to work (33.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (72.2%) 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 (5.8%) . 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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