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Real Estate Prices & Overview

Yankee Orchards / Lakewood median real estate price is $300,283, which is less expensive than 94.3% of Massachusetts neighborhoods and 60.3% of all U.S. neighborhoods.

The average rental price in Yankee Orchards / Lakewood is currently $2,706, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.5% of Massachusetts neighborhoods.

Yankee Orchards / Lakewood is a suburban neighborhood (based on population density) located in Pittsfield, Massachusetts.

Yankee Orchards / Lakewood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Yankee Orchards / Lakewood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Yankee Orchards / Lakewood are 4.5%, which is lower than one will find in 70.1% of American neighborhoods. Demand for real estate in Yankee Orchards / Lakewood 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Pittsfield, the Yankee Orchards / Lakewood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Yankee Orchards / Lakewood neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Yankee Orchards / Lakewood neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Yankee Orchards / Lakewood neighborhood has more Italian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.8% of this neighborhood's residents have Italian ancestry and 1.7% have Lebanese ancestry.

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 Yankee Orchards / Lakewood neighborhood in Pittsfield are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.8% of the neighborhoods in America. In addition, 2.4% 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 73.6% 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 Yankee Orchards / Lakewood neighborhood, 40.6% 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 15.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Yankee Orchards / Lakewood neighborhood is English, spoken by 95.1% of households.

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 Yankee Orchards / Lakewood neighborhood in Pittsfield, MA, residents most commonly identify their ethnicity or ancestry as Italian (26.8%). There are also a number of people of Irish ancestry (23.3%), and residents who report English roots (10.0%), and some of the residents are also of Polish ancestry (8.6%), along with some French ancestry residents (7.3%), among others.

Getting to Work

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 Yankee Orchards / Lakewood neighborhood spend under 15 minutes commuting one-way to work (61.8% of working residents), one of the shortest commutes across America.

Here most residents (84.0%) 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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