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Real Estate Prices & Overview

North Wilmington median real estate price is $796,793, which is more expensive than 67.0% of the neighborhoods in Massachusetts and 86.3% of the neighborhoods in the U.S.

The average rental price in North Wilmington is currently $4,487, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.0% of the neighborhoods in Massachusetts.

North Wilmington is a suburban neighborhood (based on population density) located in Wilmington, Massachusetts.

North Wilmington real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Wilmington neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in North Wilmington are 4.3%, which is lower than one will find in 71.6% of American neighborhoods. Demand for real estate in North Wilmington 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

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 Wilmington, the North Wilmington neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the North Wilmington neighborhood is wealthier than 95.9% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, North Wilmington also has one of the lowest ratings of child poverty in the nation.

Diversity

Did you know that the North Wilmington neighborhood has more Irish and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.2% of this neighborhood's residents have Irish ancestry and 19.2% have Italian ancestry.

North Wilmington is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.1% 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 North Wilmington neighborhood in Wilmington 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 95.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the North Wilmington neighborhood, 55.6% 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 19.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (13.4%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the North Wilmington neighborhood is English, spoken by 94.9% of households.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the North Wilmington neighborhood in Wilmington, MA, residents most commonly identify their ethnicity or ancestry as Irish (26.2%). There are also a number of people of Italian ancestry (19.2%), and residents who report English roots (7.4%), and some of the residents are also of French ancestry (6.8%), along with some German ancestry residents (4.8%), 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 North Wilmington neighborhood spend between 15 and 30 minutes commuting one-way to work (35.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.3%) 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 (5.6%) . 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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