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Real Estate Prices & Overview

Newtown median real estate price is $577,369, which is more expensive than 45.1% of the neighborhoods in New York and 73.6% of the neighborhoods in the U.S.

The average rental price in Newtown is currently $2,369, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.0% of New York neighborhoods.

Newtown is a rural neighborhood (based on population density) located in Mechanicville, New York.

Newtown 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 Newtown neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Newtown are 4.9%, which is lower than one will find in 67.4% of American neighborhoods. Demand for real estate in Newtown 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

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

Of note is NeighborhoodScout's research finding that the Newtown neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Newtown community truly stands out from the rest in this regard.

In addition, if you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Newtown 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 New York, 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 99.2% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Newtown neighborhood has more Romanian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Romanian ancestry and 2.7% have Ukrainian ancestry.

Newtown is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 97.8% 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 Newtown neighborhood in Mechanicville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.9% 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 Newtown neighborhood, 39.5% 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 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 13.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Newtown neighborhood is English, spoken by 93.6% of households. Some people also speak Polish (7.4%).

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 Newtown neighborhood in Mechanicville, NY, residents most commonly identify their ethnicity or ancestry as Irish (19.6%). There are also a number of people of Italian ancestry (16.4%), and residents who report German roots (14.4%), and some of the residents are also of English ancestry (11.9%), along with some French ancestry residents (8.2%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Newtown neighborhood spend between 15 and 30 minutes commuting one-way to work (52.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (87.3%) 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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