Addison - Orange median real estate price is $742,388, which is more expensive than 57.0% of the neighborhoods in Massachusetts and 81.8% of the neighborhoods in the U.S.
The average rental price in Addison - Orange is currently $3,398, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of Massachusetts neighborhoods.
Addison - Orange is a densely urban neighborhood (based on population density) located in Chelsea, Massachusetts.
Addison - Orange real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Addison - Orange 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 1940 and 1969.
Real estate vacancies in Addison - Orange are 5.5%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Addison - Orange 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.
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.
The Addison - Orange neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,006 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Addison - Orange neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Addison - Orange neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 61.5% of the real estate here is made up of such dwellings, which is higher than 99.3% of all U.S. neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 67.7% of the residential real estate in the Addison - Orange neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people ride the bus in this neighborhood each day to get to work than 97.0% of U.S. neighborhoods.
Did you know that the Addison - Orange neighborhood has more Puerto Rican and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.9% of this neighborhood's residents have Puerto Rican ancestry and 1.1% have Croatian ancestry.
Addison - Orange is also pretty special linguistically. Significantly, 63.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% of all U.S. neighborhoods.
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 Addison - Orange neighborhood in Chelsea are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.5% of the neighborhoods in America. With 19.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.6% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Addison - Orange neighborhood, 31.7% of the working population is employed in manufacturing and laborer 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 30.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.5%), and 14.6% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Addison - Orange neighborhood is Spanish, spoken by 63.4% of households. Other important languages spoken here include English and Vietnamese.
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 Addison - Orange neighborhood in Chelsea, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (17.9%). There are also a number of people of Asian ancestry (4.1%), and residents who report Irish roots (2.6%), and some of the residents are also of South American ancestry (2.1%), along with some Italian ancestry residents (2.0%), among others. In addition, 38.1% of the residents of this neighborhood were born in another country.
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 Addison - Orange neighborhood spend between 30 and 45 minutes commuting one-way to work (27.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (51.1%) 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 (15.2%) and 14.3% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.