Medfield South median real estate price is $1,256,054, which is more expensive than 88.1% of the neighborhoods in Massachusetts and 94.1% of the neighborhoods in the U.S.
The average rental price in Medfield South is currently $3,351, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.9% of Massachusetts neighborhoods.
Medfield South is a rural neighborhood (based on population density) located in Medfield, Massachusetts.
Medfield South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Medfield South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Medfield South, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 81.7% of all neighborhoods in the U.S. This means that the housing supply in Medfield South is very tight compared to the demand for property here.
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.
People
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.8% of America's neighborhoods are wealthier than the Medfield South neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
In addition, according to NeighborhoodScout's exclusive analysis, Medfield South is among the best neighborhoods for families in Massachusetts. In fact, this neighborhood is more family-friendly than 99.1% of neighborhoods in the entire state of Massachusetts. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Medfield South neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Medfield South neighborhood may actually hold the key. 70.5% of its residents are married, which is a higher percentage than is found in 96.6% of the neighborhoods in America.
Finally, the rate of college educated adults in the Medfield South neighborhood is a unique characteristic of the neighborhood. 74.8% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.0% of all U.S. neighborhoods.
Real Estate
One way that the Medfield South neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.9% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
In addition, real estate in the Medfield South neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Modes of Transportation
A unique way of commuting is simply not to. And in the Medfield South neighborhood, analysis shows that 28.6% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.1% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Diversity
Did you know that the Medfield South neighborhood has more Irish and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.4% of this neighborhood's residents have Irish ancestry and 1.5% have Lithuanian ancestry.
Medfield South is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.
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 Medfield South neighborhood in Medfield are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.2% of the neighborhoods in America. In addition, 3.1% 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 71.0% 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 Medfield South neighborhood, 65.4% 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 24.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.1%), and 3.6% in government jobs, whether they are in local, state, or federal positions.
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 Medfield South neighborhood is English, spoken by 88.5% of households. Other important languages spoken here include Spanish and Chinese.
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 Medfield South neighborhood in Medfield, MA, residents most commonly identify their ethnicity or ancestry as Irish (35.4%). There are also a number of people of Italian ancestry (19.2%), and residents who report English roots (11.0%), and some of the residents are also of German ancestry (5.8%), along with some Swedish ancestry residents (5.2%), among others. In addition, 10.7% 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 Medfield South neighborhood spend between 45 minutes and one hour commuting one-way to work (35.2% of working residents), longer and tougher than most commutes in America.
Here most residents (55.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.4%) and 6.0% of residents also carpool with coworkers, friends, or neighbors 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.
