Franklin Street / Murry Hill median real estate price is $513,032, which is more expensive than 75.4% of the neighborhoods in Vermont and 67.2% of the neighborhoods in the U.S.
The average rental price in Franklin Street / Murry Hill is currently $1,906, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of Vermont neighborhoods.
Franklin Street / Murry Hill is a rural neighborhood (based on population density) located in Montpelier, Vermont.
Franklin Street / Murry Hill real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Franklin Street / Murry Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Franklin Street / Murry Hill has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.8%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you are planning to retire in Vermont, this neighborhood should be on your must-see list. For many reasons, Franklin Street / Murry Hill may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Vermont, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.9% of neighborhoods in VT. If a Vermont retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.
More people in Franklin Street / Murry Hill choose to walk to work each day (10.5%) 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.
Did you know that the Franklin Street / Murry Hill neighborhood has more Eastern European and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.8% of this neighborhood's residents have Eastern European ancestry and 9.1% have French Canadian ancestry.
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 Franklin Street / Murry Hill neighborhood in Montpelier are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.9% of the neighborhoods in America. With 14.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.3% 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 Franklin Street / Murry Hill neighborhood, 56.8% 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 21.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.0%), and 12.2% in government jobs, whether they are in local, state, or federal positions.
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 Franklin Street / Murry Hill neighborhood is English, spoken by 95.4% of households. Other important languages spoken here include Italian and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Franklin Street / Murry Hill neighborhood in Montpelier, VT, residents most commonly identify their ethnicity or ancestry as English (25.4%). There are also a number of people of Irish ancestry (12.9%), and residents who report German roots (10.6%), and some of the residents are also of Italian ancestry (10.0%), along with some French ancestry residents (9.6%), among others.
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 Franklin Street / Murry Hill neighborhood spend under 15 minutes commuting one-way to work (53.6% of working residents), one of the shortest commutes across America.
Here most residents (53.8%) 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 (10.5%) and 6.8% 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.