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Real Estate Prices & Overview

Northwest Nashua median real estate price is $504,654, which is more expensive than 66.2% of the neighborhoods in New Hampshire and 69.7% of the neighborhoods in the U.S.

The average rental price in Northwest Nashua is currently $3,513, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.0% of the neighborhoods in New Hampshire.

Northwest Nashua is a suburban neighborhood (based on population density) located in Nashua, New Hampshire.

Northwest Nashua 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 Northwest Nashua 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 Northwest Nashua, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.2% of all neighborhoods in the U.S. This means that the housing supply in Northwest Nashua 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 Nashua, the Northwest Nashua neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Northwest Nashua neighborhood has more French and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.5% of this neighborhood's residents have French ancestry and 7.8% have French Canadian 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 Northwest Nashua neighborhood in Nashua 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 87.0% of the neighborhoods in America. In addition, 0.4% 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 80.1% 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 Northwest Nashua neighborhood, 56.7% 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 19.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.3%), and 11.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Northwest Nashua neighborhood is English, spoken by 84.3% of households. Some people also speak Spanish (3.9%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Northwest Nashua neighborhood in Nashua, NH, residents most commonly identify their ethnicity or ancestry as Irish (16.2%). There are also a number of people of French ancestry (15.5%), and residents who report Italian roots (12.9%), and some of the residents are also of English ancestry (11.3%), along with some Puerto Rican ancestry residents (8.2%), among others. In addition, 10.1% of the residents of this neighborhood were born in another country.

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 Northwest Nashua neighborhood spend under 15 minutes commuting one-way to work (37.5% of working residents), one of the shortest commutes across America.

Here most residents (72.8%) 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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