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Real Estate Prices & Overview

Conning Towers / Nautilus Park median real estate price is $215,344, which is less expensive than 91.1% of Connecticut neighborhoods and 74.7% of all U.S. neighborhoods.

The average rental price in Conning Towers / Nautilus Park is currently $2,908, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.4% of the neighborhoods in Connecticut.

Conning Towers / Nautilus Park is a suburban neighborhood (based on population density) located in Groton, Connecticut.

Conning Towers / Nautilus Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Conning Towers / Nautilus Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Conning Towers / Nautilus Park are 5.4%, which is lower than one will find in 64.0% of American neighborhoods. Demand for real estate in Conning Towers / Nautilus Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Occupations

With 9.1% of employed workers living in the Conning Towers / Nautilus Park neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.3% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Real Estate

If you love row houses and attached homes, you will probably really like the Conning Towers / Nautilus Park neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 29.4% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Conning Towers / Nautilus Park neighborhood has more West Indian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.3% of this neighborhood's residents have West Indian ancestry and 11.1% have Puerto Rican ancestry.

Conning Towers / Nautilus Park is also pretty special linguistically. Significantly, 1.1% 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 95.2% 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 Conning Towers / Nautilus Park neighborhood in Groton are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 54.9% of the neighborhoods in America. In addition, 6.0% 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 61.6% 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 Conning Towers / Nautilus Park neighborhood, 40.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.1%), and 12.9% 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 Conning Towers / Nautilus Park neighborhood is English, spoken by 93.2% of households. Other important languages spoken here include Spanish 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 Conning Towers / Nautilus Park neighborhood in Groton, CT, residents most commonly identify their ethnicity or ancestry as Italian (17.3%). There are also a number of people of Irish ancestry (16.8%), and residents who report German roots (16.4%), and some of the residents are also of Puerto Rican ancestry (11.1%), along with some English ancestry residents (9.8%), 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 Conning Towers / Nautilus Park neighborhood spend under 15 minutes commuting one-way to work (53.1% of working residents), one of the shortest commutes across America.

Here most residents (87.8%) 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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