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Real Estate Prices & Overview

Town Center / Williams College median real estate price is $634,031, which is more expensive than 46.2% of the neighborhoods in Massachusetts and 74.9% of the neighborhoods in the U.S.

The average rental price in Town Center / Williams College is currently $2,016, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.9% of Massachusetts neighborhoods.

Town Center / Williams College is a rural neighborhood (based on population density) located in Williamstown, Massachusetts.

Town Center / Williams College real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center / Williams College 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.

Town Center / Williams College has a 15.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.7% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.4%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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.

People

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 51.6% 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 99.3% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, if you are planning to retire in Massachusetts, this neighborhood should be on your must-see list. For many reasons, Town Center / Williams College may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Massachusetts, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.3% of neighborhoods in MA. If a Massachusetts retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and college students.

Modes of Transportation

In the Town Center / Williams College neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 33.4% of residents here. This is a higher proportion of walking commuters than we found in 99.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Town Center / Williams College neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Occupations

The Town Center / Williams College neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.6% of the neighborhoods in America. In fact, 70.2% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Town Center / Williams College neighborhood has more Croatian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Croatian ancestry and 1.4% have Lithuanian ancestry.

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. In the Town Center / Williams College neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Town Center / Williams College neighborhood in Williamstown are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.2% of the neighborhoods in America. In addition, 4.3% 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 66.9% 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 Town Center / Williams College neighborhood, 70.2% 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 15.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 4.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Town Center / Williams College neighborhood is English, spoken by 87.2% of households.

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 Town Center / Williams College neighborhood in Williamstown, MA, residents most commonly identify their ethnicity or ancestry as English (16.8%). There are also a number of people of Irish ancestry (13.2%), and residents who report German roots (12.2%), and some of the residents are also of Italian ancestry (8.5%), along with some Polish ancestry residents (5.2%), among others.

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 Town Center / Williams College neighborhood spend under 15 minutes commuting one-way to work (59.0% of working residents), one of the shortest commutes across America.

Here most residents (45.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (33.4%) . 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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