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Real Estate Prices & Overview

Biddeford Pool / University of New England median real estate price is $597,984, which is more expensive than 83.9% of the neighborhoods in Maine and 75.5% of the neighborhoods in the U.S.

The average rental price in Biddeford Pool / University of New England is currently $2,585, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.5% of the neighborhoods in Maine.

Biddeford Pool / University of New England is a rural neighborhood (based on population density) located in Biddeford, Maine. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Biddeford Pool / University of New England real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Biddeford Pool / University of New England neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Biddeford Pool / University of New England. The current real estate vacancy rate here is 49.3%. This is higher than the rate of vacancies in 98.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (40.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Biddeford, the Biddeford Pool / University of New England neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Biddeford Pool / University of New England is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Biddeford Pool / University of New England 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, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 49.3% of the residential real estate vacant, the Biddeford Pool / University of New England neighborhood claims the distinction of having a higher vacancy rate than 98.6% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

People

In a nation where 1 out of every 4 children lives in poverty, the Biddeford Pool / University of New England neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, neighborhoodScout's analysis shows that the Biddeford Pool / University of New England neighborhood has a greater concentration of residents currently enrolled in college than 99.0% of the neighborhoods in the U.S. With 42.0% of the population here attending college, this is very much a college-focused neighborhood.

Also, if you are planning to retire in Maine, this neighborhood should be on your must-see list. For many reasons, Biddeford Pool / University of New England 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 Maine, 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 96.5% of neighborhoods in ME. If a Maine 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 college students.

Modes of Transportation

In the Biddeford Pool / University of New England neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 19.9% of residents here. This is a higher proportion of walking commuters than we found in 98.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Biddeford Pool / University of New England neighborhood has more French Canadian and Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.3% of this neighborhood's residents have French Canadian ancestry and 1.9% have Canadian ancestry.

Biddeford Pool / University of New England is also pretty special linguistically. Significantly, 6.2% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

The Neighbors

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 Biddeford Pool / University of New England neighborhood in Biddeford are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.1% of the neighborhoods in America. 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Biddeford Pool / University of New England neighborhood, 35.7% 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 34.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.1%), and 14.6% in manufacturing and laborer 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 Biddeford Pool / University of New England neighborhood is English, spoken by 87.7% of households. Other important languages spoken here include French and Spanish.

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 Biddeford Pool / University of New England neighborhood in Biddeford, ME, residents most commonly identify their ethnicity or ancestry as Irish (18.2%). There are also a number of people of French Canadian ancestry (16.3%), and residents who report German roots (12.0%), and some of the residents are also of Italian ancestry (11.9%), along with some English ancestry residents (9.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Biddeford Pool / University of New England neighborhood spend under 15 minutes commuting one-way to work (47.9% of working residents), one of the shortest commutes across America.

Here most residents (54.7%) 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 (19.9%) and 5.6% of residents also carpool with coworkers, friends, or neighbors 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.


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