Five Corners median real estate price is $721,683, which is more expensive than 55.2% of the neighborhoods in Massachusetts and 81.4% of the neighborhoods in the U.S.
The average rental price in Five Corners is currently $4,988, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.5% of the neighborhoods in Massachusetts.
Five Corners is an urban neighborhood (based on population density) located in Quincy, Massachusetts.
Five Corners 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 small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Five Corners neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Five Corners, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in Five Corners is very tight compared to the demand for property here.
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 Quincy, the Five Corners neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.0% of the Five Corners neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.3% of America's neighborhoods.
The Five Corners 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 83.6% 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.
Did you know that the Five Corners neighborhood has more Finnish and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Finnish ancestry and 6.7% have Dominican ancestry.
Five Corners is also pretty special linguistically. Significantly, 6.8% 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 99.5% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Five Corners neighborhood. In the Five Corners neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.8% 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 Five Corners neighborhood in Quincy are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.6% of the neighborhoods in America. In addition, 5.7% 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 62.5% 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 Five Corners neighborhood, 53.0% 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 25.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.9%), and 9.7% in clerical, assistant, and tech support occupations.
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 Five Corners neighborhood is English, spoken by 56.1% of households. Other important languages spoken here include Chinese, Spanish, Portuguese and Langs. of India.
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 Five Corners neighborhood in Quincy, MA, residents most commonly identify their ethnicity or ancestry as Asian (25.8%). There are also a number of people of Irish ancestry (16.3%), and residents who report Italian roots (10.0%), and some of the residents are also of German ancestry (7.5%), along with some Dominican ancestry residents (6.7%), among others. In addition, 37.0% 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 Five Corners neighborhood spend between 45 minutes and one hour commuting one-way to work (36.2% of working residents), longer and tougher than most commutes in America.
Here most residents (58.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.