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Real Estate Prices & Overview

Wright Settlement median real estate price is $221,606, which is less expensive than 84.0% of New York neighborhoods and 76.0% of all U.S. neighborhoods.

Average rental prices in the Wright Settlement neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Wright Settlement is a remote neighborhood (based on population density) located in Rome, New York.

Wright Settlement real estate is primarily made up of large (four, five or more bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Wright Settlement 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 2000 and the present.

In Wright Settlement, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Wright Settlement is very tight compared to the demand for property here.

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 Rome, the Wright Settlement neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Owner-occupied real estate dominates the Wright Settlement neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.8% of neighborhoods in America. With a real estate vacancy rate of only 0.0%, the Wright Settlement neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, one way that the Wright Settlement neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 100.0% 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.

Furthermore, uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 5 residents per square mile, Wright Settlement is less crowded than 98.2% of all U.S. neighborhoods. One of the notable things about Wright Settlement is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

Also of note, the Wright Settlement neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.7% of all neighborhoods in America.

Finally, 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 100.0% of the residential real estate in the Wright Settlement neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 100.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

Of note is NeighborhoodScout's research finding that the Wright Settlement neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Wright Settlement community truly stands out from the rest in this regard.

In addition, the Wright Settlement neighborhood is unique for having just 0.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 100.0% of America's neighborhoods.

Also, astoundingly, the Wright Settlement neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 100.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Rome neighborhood.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Wright Settlement neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.

Modes of Transportation

Our research reveals that 100.0% of commuters who live in the Wright Settlement neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 99.9% of U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Wright Settlement neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the Wright Settlement neighborhood has more Welsh ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 100.0% of this neighborhood's residents have Welsh ancestry.

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 Wright Settlement neighborhood in Rome are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America'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 Wright Settlement neighborhood, 100.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Wright Settlement neighborhood is English, spoken by 100.0% 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 Wright Settlement neighborhood in Rome, NY, residents most commonly identify their ethnicity or ancestry as Welsh (100.0%).

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 Wright Settlement neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (100.0%) 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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