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Real Estate Prices & Overview

Leetes Island / Sachem Head median real estate price is $866,008, which is more expensive than 88.9% of the neighborhoods in Connecticut and 85.8% of the neighborhoods in the U.S.

The average rental price in Leetes Island / Sachem Head is currently $5,052, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.7% of the neighborhoods in Connecticut.

Leetes Island / Sachem Head is a rural neighborhood (based on population density) located in Guilford, Connecticut. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Leetes Island / Sachem Head 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 Leetes Island / Sachem Head neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Leetes Island / Sachem Head. The current real estate vacancy rate here is 32.9%. This is higher than the rate of vacancies in 95.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.5%). 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

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.

Real Estate

Leetes Island / Sachem Head 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, Leetes Island / Sachem Head 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 32.9% of the residential real estate vacant, the Leetes Island / Sachem Head neighborhood claims the distinction of having a higher vacancy rate than 95.8% 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

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 52.4% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.4% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Leetes Island / Sachem Head neighborhood: a neighborhood in which more "urban sophisticates" live than 97.6% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for active retirees and highly educated executives.

Diversity

Did you know that the Leetes Island / Sachem Head neighborhood has more Russian and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.6% of this neighborhood's residents have Russian ancestry and 17.8% have Italian ancestry.

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 Leetes Island / Sachem Head neighborhood in Guilford are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.4% of the neighborhoods in America. In addition, 1.9% 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 75.5% 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 Leetes Island / Sachem Head neighborhood, 63.0% 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 27.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (10.0%), and 8.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Leetes Island / Sachem Head neighborhood is English, spoken by 89.5% of households. Some people also speak Chinese (2.6%).

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 Leetes Island / Sachem Head neighborhood in Guilford, CT, residents most commonly identify their ethnicity or ancestry as Irish (22.1%). There are also a number of people of Italian ancestry (17.8%), and residents who report German roots (14.0%), and some of the residents are also of English ancestry (12.5%), along with some Polish ancestry residents (5.4%), 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 Leetes Island / Sachem Head neighborhood spend between 30 and 45 minutes commuting one-way to work (37.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.0%) 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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