Goat Island / Rose Island median real estate price is $1,208,353, which is more expensive than 98.3% of the neighborhoods in Rhode Island and 95.5% of the neighborhoods in the U.S.
The average rental price in Goat Island / Rose Island is currently $3,210, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.6% of the neighborhoods in Rhode Island.
Goat Island / Rose Island is a suburban neighborhood (based on population density) located in Newport, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Goat Island / Rose Island real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Goat Island / Rose Island 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in Goat Island / Rose Island. The current real estate vacancy rate here is 38.2%. This is higher than the rate of vacancies in 96.9% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (28.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Goat Island / Rose Island neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Goat Island / Rose Island is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 38.2% of the residential real estate vacant, the Goat Island / Rose Island neighborhood claims the distinction of having a higher vacancy rate than 96.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Goat Island / Rose Island neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 70.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.5% of the neighborhoods in the United States.
With 5.8% of employed workers living in the Goat Island / Rose Island neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Goat Island / Rose Island neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 12.4% executive lifestyle neighborhoods in the state of Rhode Island.
Did you know that the Goat Island / Rose Island neighborhood has more Welsh and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Welsh ancestry and 13.7% have Puerto Rican ancestry.
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 Goat Island / Rose Island neighborhood in Newport are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. With 46.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.0% 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 Goat Island / Rose Island neighborhood, 51.8% 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 19.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.2%), and 12.4% in manufacturing and laborer occupations.
The most common language spoken in the Goat Island / Rose Island neighborhood is English, spoken by 89.2% of households. Some people also speak Spanish (9.0%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Goat Island / Rose Island neighborhood in Newport, RI, residents most commonly identify their ethnicity or ancestry as Irish (23.4%). There are also a number of people of English ancestry (17.1%), and residents who report German roots (14.8%), and some of the residents are also of Puerto Rican ancestry (13.7%), along with some Italian ancestry residents (9.2%), among others.
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 Goat Island / Rose Island neighborhood spend under 15 minutes commuting one-way to work (49.8% of working residents), one of the shortest commutes across America.
Here most residents (72.8%) 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 (5.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.