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Real Estate Prices & Overview

Oak Grove Village West median real estate price is $357,739, which is less expensive than 89.8% of Massachusetts neighborhoods and 50.8% of all U.S. neighborhoods.

The average rental price in Oak Grove Village West is currently $1,964, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.8% of Massachusetts neighborhoods.

Oak Grove Village West is an urban neighborhood (based on population density) located in Fall River, Massachusetts.

Oak Grove Village West 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 Oak Grove Village West 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 Oak Grove Village West are 5.4%, which is lower than one will find in 63.7% of American neighborhoods. Demand for real estate in Oak Grove Village West 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

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

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 Oak Grove Village West 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 52.2% of the real estate here is made up of such dwellings, which is higher than 98.6% of all U.S. neighborhoods.

In addition, 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 58.2% of the residential real estate in the Oak Grove Village West neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

Single parenting is hard. But you don't have to tell the Oak Grove Village West neighborhood about it; they already know. 18.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.3% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Oak Grove Village West neighborhood has more Portuguese and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.3% of this neighborhood's residents have Portuguese ancestry and 15.3% have French ancestry.

Oak Grove Village West is also pretty special linguistically. Significantly, 34.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 100.0% 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 Oak Grove Village West neighborhood in Fall River are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.5% of U.S. neighborhoods. With 36.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.5% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Oak Grove Village West neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.0%), and 14.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

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 Oak Grove Village West neighborhood is English, spoken by 59.2% of households. Other important languages spoken here include Portuguese, Spanish and French.

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 Oak Grove Village West neighborhood in Fall River, MA, residents most commonly identify their ethnicity or ancestry as Portuguese (51.3%). There are also a number of people of French ancestry (15.3%), and residents who report Irish roots (9.3%), and some of the residents are also of Italian ancestry (4.7%), along with some English ancestry residents (4.4%), among others. In addition, 22.3% of the residents of this neighborhood were born in another country.

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 Oak Grove Village West neighborhood spend under 15 minutes commuting one-way to work (43.8% of working residents), one of the shortest commutes across America.

Here most residents (78.5%) 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 (12.0%) and 6.1% of residents also hop out the door and walk to work 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.


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