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Real Estate Prices & Overview

Presque Isle East median real estate price is $182,766, which is less expensive than 87.5% of Maine neighborhoods and 80.4% of all U.S. neighborhoods.

The average rental price in Presque Isle East is currently $1,432, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.9% of Maine neighborhoods.

Presque Isle East is a rural neighborhood (based on population density) located in Presque Isle, Maine.

Presque Isle East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Presque Isle East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.1% in Presque Isle East. NeighborhoodScout analysis shows that this rate is lower than 47.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Presque Isle East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Presque Isle East neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.2% 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 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Presque Isle East neighborhood has more French and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.3% of this neighborhood's residents have French ancestry and 4.4% have French Canadian ancestry.

Presque Isle East is also pretty special linguistically. Significantly, 4.2% 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 96.9% 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 Presque Isle East neighborhood in Presque Isle are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.4% of U.S. neighborhoods. With 39.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.8% of U.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 Presque Isle East neighborhood, 44.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 20.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.7%), and 15.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Presque Isle East neighborhood is English, spoken by 92.8% of households. Some people also speak French (4.2%).

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 Presque Isle East neighborhood in Presque Isle, ME, residents most commonly identify their ethnicity or ancestry as English (20.8%). There are also a number of people of French ancestry (19.3%), and residents who report Irish roots (12.7%), and some of the residents are also of German ancestry (4.8%), along with some French Canadian ancestry residents (4.4%), 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 Presque Isle East neighborhood spend under 15 minutes commuting one-way to work (78.2% of working residents), one of the shortest commutes across America.

Here most residents (81.4%) drive alone in a private automobile to get to work. 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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