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Real Estate Prices & Overview

Deering Center median real estate price is $661,025, which is more expensive than 90.7% of the neighborhoods in Maine and 81.2% of the neighborhoods in the U.S.

The average rental price in Deering Center is currently $2,751, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.9% of the neighborhoods in Maine.

Deering Center is an urban neighborhood (based on population density) located in Portland, Maine.

Deering Center real estate 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 Deering 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 1970 and 1999.

Real estate vacancies in Deering Center are 4.9%, which is lower than one will find in 68.6% of American neighborhoods. Demand for real estate in Deering 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.

People

In a nation where 1 out of every 4 children lives in poverty, the Deering Center neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, 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 35.7% 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 95.5% of U.S. neighborhoods, where the average American neighborhood has 13.1% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Also, the Deering Center neighborhood stands out within Maine for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.3% of college-friendly places to live in ME. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives.

Modes of Transportation

A unique way of commuting is simply not to. And in the Deering Center neighborhood, analysis shows that 28.4% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.1% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Deering Center neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 41.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.3% of America's neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Deering Center neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.4% of the neighborhoods in the United States.

Diversity

Did you know that the Deering Center neighborhood has more English and French Canadian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.6% of this neighborhood's residents have English ancestry and 6.0% have French Canadian ancestry.

Deering Center is also pretty special linguistically. Significantly, 2.2% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.7% 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 Deering Center neighborhood in Portland are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.0% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Deering Center neighborhood, 63.2% 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 14.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.0%), and 8.9% 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 Deering Center neighborhood is English, spoken by 94.2% of households. Other important languages spoken here include Polish and African languages.

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 Deering Center neighborhood in Portland, ME, residents most commonly identify their ethnicity or ancestry as English (27.6%). There are also a number of people of Irish ancestry (15.7%), and residents who report Italian roots (14.1%), and some of the residents are also of German ancestry (11.2%), along with some French ancestry residents (9.1%), 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 Deering Center neighborhood spend under 15 minutes commuting one-way to work (46.4% of working residents), one of the shortest commutes across America.

Here most residents (64.2%) 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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