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Real Estate Prices & Overview

North Springfield median real estate price is $230,355, which is less expensive than 88.8% of Vermont neighborhoods and 71.0% of all U.S. neighborhoods.

The average rental price in North Springfield is currently $1,519, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.2% of Vermont neighborhoods.

North Springfield is a rural neighborhood (based on population density) located in Springfield, Vermont.

North Springfield 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 occupied by a mixture of owners and renters. Many of the residences in the North Springfield neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

North Springfield has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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.

Diversity

Did you know that the North Springfield neighborhood has more Finnish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Finnish ancestry and 33.3% have English ancestry.

North Springfield is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

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 North Springfield neighborhood in Springfield are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.2% of U.S. neighborhoods. With 12.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.0% 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 North Springfield neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 31.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.9%), and 12.7% in clerical, assistant, and tech support 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 North Springfield neighborhood is English, spoken by 97.4% of households. Other important languages spoken here include Italian and Polish.

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 North Springfield neighborhood in Springfield, VT, residents most commonly identify their ethnicity or ancestry as English (33.3%). There are also a number of people of French ancestry (15.7%), and residents who report Irish roots (8.8%), and some of the residents are also of German ancestry (8.5%), along with some Scots-Irish ancestry residents (6.2%), among others.

Getting to Work

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 North Springfield neighborhood spend under 15 minutes commuting one-way to work (31.4% of working residents), one of the shortest commutes across America.

Here most residents (72.4%) 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 (10.9%) . 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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