Beverly Cove / Centerville median real estate price is $971,610, which is more expensive than 76.4% of the neighborhoods in Massachusetts and 89.6% of the neighborhoods in the U.S.
The average rental price in Beverly Cove / Centerville is currently $1,033, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.7% of Massachusetts neighborhoods.
Beverly Cove / Centerville is a suburban neighborhood (based on population density) located in Beverly, Massachusetts. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Beverly Cove / Centerville 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 Beverly Cove / Centerville 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 Beverly Cove / Centerville are 3.1%, which is lower than one will find in 78.6% of American neighborhoods. Demand for real estate in Beverly Cove / Centerville 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.
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.
Beverly Cove / Centerville 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, Beverly Cove / Centerville 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.
One of the really interesting characteristics about the Beverly Cove / Centerville neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.0% of college-friendly places to live in the state of Massachusetts. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees and urban sophisticates.
In the Beverly Cove / Centerville neighborhood, 10.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.7% of the neighborhoods in America.
Did you know that the Beverly Cove / Centerville neighborhood has more Canadian and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Canadian ancestry and 22.8% have Italian ancestry.
Beverly Cove / Centerville is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.
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 Beverly Cove / Centerville neighborhood in Beverly 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 85.1% of the neighborhoods in America. In addition, 5.6% 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 62.2% 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 Beverly Cove / Centerville neighborhood, 59.4% 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 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.3%), and 6.9% in manufacturing and laborer 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 Beverly Cove / Centerville neighborhood is English, spoken by 90.0% of households. Other important languages spoken here include Spanish and Korean.
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 Beverly Cove / Centerville neighborhood in Beverly, MA, residents most commonly identify their ethnicity or ancestry as Italian (22.8%). There are also a number of people of Irish ancestry (22.4%), and residents who report English roots (11.1%), and some of the residents are also of German ancestry (7.3%), along with some Swedish ancestry residents (5.1%), among others.
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 Beverly Cove / Centerville neighborhood spend between 45 minutes and one hour commuting one-way to work (35.8% of working residents), longer and tougher than most commutes in America.
Here most residents (54.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (10.8%) and 6.1% 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.