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Real Estate Prices & Overview

Median real estate price in the Town Center of Manchester is $200,492, which is less expensive than 94.3% of Connecticut neighborhoods and 78.4% of all U.S. neighborhoods.

The average rental price in Manchester Town Center is currently $2,148, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.5% of Connecticut neighborhoods.

Manchester Town Center is an urban neighborhood (based on population density) located in Manchester, Connecticut.

Real estate in the Town Center of Manchester, CT is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Manchester Town Center are 4.5%, which is lower than one will find in 69.8% of American neighborhoods. Demand for real estate in Manchester Town Center 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Manchester Town Center neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 35.4% of the real estate here is made up of such dwellings, which is higher than 96.1% of all U.S. neighborhoods.

Diversity

Did you know that the Manchester Town Center neighborhood has more Lithuanian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lithuanian ancestry and 5.8% have Jamaican ancestry.

Manchester Town Center is also pretty special linguistically. Significantly, 11.7% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.5% 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 Town Center neighborhood in Manchester are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.4% of the neighborhoods in America. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.8% 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 Manchester Town Center neighborhood, 29.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.8%), and 16.4% 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 Manchester Town Center neighborhood is English, spoken by 81.8% of households. Other important languages spoken here include Spanish and Italian.

Ethnicity / Ancestry

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 Town Center neighborhood in Manchester, CT, residents most commonly identify their ethnicity or ancestry as Irish (22.7%). There are also a number of people of Puerto Rican ancestry (11.3%), and residents who report English roots (9.1%), and some of the residents are also of German ancestry (8.6%), along with some Italian ancestry residents (7.6%), among others. In addition, 13.9% of the residents of this neighborhood were born in another country.

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 Manchester Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (46.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.0%) 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 (11.7%) . 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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