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Real Estate Prices & Overview

Fountain Spring median real estate price is $447,545, which is more expensive than 43.6% of the neighborhoods in Rhode Island and 60.6% of the neighborhoods in the U.S.

The average rental price in Fountain Spring is currently $2,700, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.0% of the neighborhoods in Rhode Island.

Fountain Spring is a suburban neighborhood (based on population density) located in Johnston, Rhode Island.

Fountain Spring 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 Fountain Spring neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Fountain Spring. The current real estate vacancy rate here is 16.5%. This is higher than the rate of vacancies in 81.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Johnston, the Fountain Spring 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 Fountain Spring neighborhood has more Italian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.6% of this neighborhood's residents have Italian ancestry and 10.7% have Dominican ancestry.

Fountain Spring is also pretty special linguistically. Significantly, 2.2% 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 97.9% of the neighborhoods in America.

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 Fountain Spring neighborhood in Johnston are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.6% of the neighborhoods in America. With 17.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.4% 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 Fountain Spring neighborhood, 36.2% 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 25.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.2%), and 17.4% in manufacturing and laborer occupations.

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 Fountain Spring neighborhood is English, spoken by 80.7% of households. Other important languages spoken here include Spanish, Polish and Portuguese.

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 Fountain Spring neighborhood in Johnston, RI, residents most commonly identify their ethnicity or ancestry as Italian (31.6%). There are also a number of people of Dominican ancestry (10.7%), and residents who report Irish roots (10.5%), and some of the residents are also of English ancestry (6.7%), along with some French ancestry residents (6.7%), 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 Fountain Spring neighborhood spend between 15 and 30 minutes commuting one-way to work (52.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.8%) 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 (13.8%) . 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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