Downtown Providence / Johnson & Wales University Providence median real estate price is $660,625, which is more expensive than 76.6% of the neighborhoods in Rhode Island and 77.3% of the neighborhoods in the U.S.
The average rental price in Downtown Providence / Johnson & Wales University Providence is currently $3,567, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.4% of the neighborhoods in Rhode Island.
Downtown Providence / Johnson & Wales University Providence is an urban neighborhood (based on population density) located in Providence, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Downtown Providence / Johnson & Wales University Providence real estate is primarily made up of small (studio to two bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Providence / Johnson & Wales University Providence 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 1970 and 1999.
Home and apartment vacancy rates are 7.2% in Downtown Providence / Johnson & Wales University Providence. NeighborhoodScout analysis shows that this rate is lower than 51.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Downtown Providence / Johnson & Wales University Providence neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Downtown Providence / Johnson & Wales University Providence is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, the Downtown Providence / Johnson & Wales University Providence neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 100.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, one of the really unique and interesting things about the look and setting of the Downtown Providence / Johnson & Wales University Providence neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 99.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.8% of all neighborhoods in America.
Also of note, 91.0% of the real estate in the Downtown Providence / Johnson & Wales University Providence neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Of note is NeighborhoodScout's research finding that the Downtown Providence / Johnson & Wales University Providence 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 Downtown Providence / Johnson & Wales University Providence community truly stands out from the rest in this regard.
In addition, an extraordinary 31.8% of the residents of the Downtown Providence / Johnson & Wales University Providence neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
Also, one of the most interesting things about the Downtown Providence / Johnson & Wales University Providence neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.7% of the neighborhoods in America.
Finally, with a nice mix of college students, safety from crime, and decent walkability, the Downtown Providence / Johnson & Wales University Providence neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.7% of the neighborhoods in RI. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for young, single professionals.
More people in Downtown Providence / Johnson & Wales University Providence choose to walk to work each day (29.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Downtown Providence / Johnson & Wales University Providence neighborhood have a highly unusual car ownership. 29.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.
Did you know that the Downtown Providence / Johnson & Wales University Providence neighborhood has more Romanian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Romanian ancestry and 6.0% have Dominican ancestry.
Downtown Providence / Johnson & Wales University Providence is also pretty special linguistically. Significantly, 8.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Downtown Providence / Johnson & Wales University Providence neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Downtown Providence / Johnson & Wales University Providence neighborhood in Providence are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.0% 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 Downtown Providence / Johnson & Wales University Providence neighborhood, 69.6% 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 23.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.7%).
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 Downtown Providence / Johnson & Wales University Providence neighborhood is English, spoken by 66.9% of households. Other important languages spoken here include Spanish, Chinese and Langs. of India.
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 Downtown Providence / Johnson & Wales University Providence neighborhood in Providence, RI, residents most commonly identify their ethnicity or ancestry as Asian (19.4%). There are also a number of people of Irish ancestry (11.4%), and residents who report English roots (9.0%), and some of the residents are also of Italian ancestry (8.1%), along with some German ancestry residents (6.7%), among others. In addition, 27.5% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Downtown Providence / Johnson & Wales University Providence neighborhood spend under 15 minutes commuting one-way to work (44.0% of working residents), one of the shortest commutes across America.
Here most residents (38.7%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (29.7%) and 5.4% of residents also ride the bus 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.
