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Real Estate Prices & Overview

Guinea Corner / Newtown median real estate price is $525,490, which is more expensive than 81.1% of the neighborhoods in Maine and 71.5% of the neighborhoods in the U.S.

The average rental price in Guinea Corner / Newtown is currently $2,304, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.3% of the neighborhoods in Maine.

Guinea Corner / Newtown is a rural neighborhood (based on population density) located in Biddeford, Maine.

Guinea Corner / Newtown 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 owner occupied. Many of the residences in the Guinea Corner / Newtown 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.

In Guinea Corner / Newtown, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Guinea Corner / Newtown is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the Guinea Corner / Newtown neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

Diversity

Did you know that the Guinea Corner / Newtown neighborhood has more French Canadian and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.4% of this neighborhood's residents have French Canadian ancestry and 11.4% have French ancestry.

Guinea Corner / Newtown is also pretty special linguistically. Significantly, 9.8% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.1% 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 Guinea Corner / Newtown neighborhood in Biddeford are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.5% of the neighborhoods in America. In addition, 3.0% 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 71.6% 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 Guinea Corner / Newtown neighborhood, 50.9% 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 23.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 10.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Guinea Corner / Newtown neighborhood is English, spoken by 89.3% of households. Some people also speak French (9.8%).

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 Guinea Corner / Newtown neighborhood in Biddeford, ME, residents most commonly identify their ethnicity or ancestry as French Canadian (26.4%). There are also a number of people of Irish ancestry (17.8%), and residents who report French roots (11.4%), and some of the residents are also of English ancestry (11.2%), along with some German ancestry residents (4.9%), 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 Guinea Corner / Newtown neighborhood spend under 15 minutes commuting one-way to work (34.5% of working residents), one of the shortest commutes across America.

Here most residents (75.6%) 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 (7.6%) . 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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