640 Vital Statistics found.

33 Condition Alerts found.

Real Estate

44

Statistics

7 Alerts

Demographics

136

Statistics

3 Alerts

Crime

67

Statistics

5 Alerts

Schools

65

Statistics

8 Alerts

Trends & Forecasts

328

Statistics

10 Alerts

About the 86 Shrewsbury St. Neighborhood

Overview Data Tutorial

Real Estate Prices and Overview

This neighborhood's median real estate price is $368,033, which is less expensive than 82.0% of Massachusetts neighborhoods and 41.8% of all U.S. neighborhoods.

The average rental price in this neighborhood is currently $1,458, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.8% of Massachusetts neighborhoods.

This is a densely urban neighborhood (based on population density) located in Worcester, Massachusetts.

This neighborhood's real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in this 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.

This neighborhood has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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.

Notable & Unique: People

This neighborhood stands out for having an average per capita income lower than 95.6% of the neighborhoods in the United States. Also of note, 86.9% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, single parenting is hard. But you don't have to tell this neighborhood about it; they already know. 18.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Notable & Unique: Modes of Transportation

Our research shows that more people carpool to work here in this neighborhood (44.2%) than in 99.6% of the neighborhoods in America.

Also, more people in this neighborhood choose to walk to work each day (16.6%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Notable & Unique: Real Estate

Renter-occupied real estate is dominant in this neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.0%, which is higher than 97.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, this neighborhood is one of the most walkable neighborhoods in America.

Furthermore, 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. This 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, 36.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.

Notable & Unique: Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that this neighborhood has a highly unusual pattern of car ownership. 19.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.1% of U.S. neighborhoods.

Notable & Unique: Diversity

Did you know that this neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.5% of this neighborhood's residents have Puerto Rican ancestry and 10.8% have Dominican ancestry.

This neighborhood is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

The Neighbors

The Neighbors: Income

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 this neighborhood in Worcester are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.6% of U.S. neighborhoods. With 86.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% of U.S. neighborhoods.

The Neighbors: Occupations

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 this neighborhood, 33.7% of the working population is employed in clerical, assistant, and tech support 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 31.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.4%), and 16.6% in manufacturing and laborer occupations.

The Neighbors: 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 this neighborhood is Spanish, spoken by 44.2% of households. Other important languages spoken here include English, Arabic, Portuguese and African languages.

The Neighbors: 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 this neighborhood in Worcester, MA, residents most commonly identify their ethnicity or ancestry as Puerto Rican (32.5%). There are also a number of people of Dominican ancestry (10.8%), and residents who report Irish roots (5.7%), and some of the residents are also of Arab ancestry (5.2%), along with some Mexican ancestry residents (4.5%), among others. In addition, 18.3% 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 this neighborhood spend between 15 and 30 minutes commuting one-way to work (36.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (44.2%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also drive alone in a private automobile to get to work (32.0%) and 16.6% of residents also hop out the door and walk to work for their daily commute. Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.

Neighborhood Real Estate Data

Source

Real Estate Data Tutorial

Analytics built by: Location, Inc.

Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:

Home Values, Rents: Reflects Q3 2022. Updated quarterly.
Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics found.

7 Condition Alerts found.

There are no or very few residents in this neighborhood. Some data may not be available.

Average Home Values

Median Home Value:
$368,033

Median Real Estate Taxes:
( effective rate)

Neighborhood Home Prices

No Data Available

Value Relative To State

Value Relative To Nation

Rental Market

Average Market Rent:

$1,458 / per month

GROSS RENTAL YIELD:

6.09 %

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

$2,500 $2,000 $1,500 $1,000 $500 $0

$1,869

$1,442

$536

$439

3 Beds or More

2 Beds or More

1 Bed

Studio

Rent Relative To State

Rent Relative To Nation

Setting

Coastal

Lakefront

Farms

Neighborhood Look and Feel

DENSELY URBAN
19,895
people/sq. mile

URBAN

SUBURBAN

RURAL

REMOTE

Population Density

Housing Market Details

Age of Homes

2000 or Newer

1970 - 1999

1940 - 1969

1939 or Older

2.4%

26.9%

25.5%

45.1%

0.0% 100.0%

% OF HOMES

Types of Homes

Single-Family

Townhomes

Small Apt. Buildings

Apt. Complexes

Mobile Homes

Other

6.3%

3.3%

36.4%

53.9%

0.0%

0.0% 100.0%

% OF HOMES

Home Size

No Bedroom

1 Bedroom

2 Bedrooms

3 Bedrooms

4 Bedrooms

5 or more bedrooms

2.7%

28.7%

26.9%

25.9%

12.0%

3.8%

0.0% 100.0%

% OF HOMES

Special Purpose Housing

Incarcerated

College Dorms

Military Housing

Public Housing

0.0%

5.4%

0.0% 100.0%

% OF HOMES

homeownership

Homeownership Rate

Owners

Renters

Seasonally Vacant

Vacant Year-Round

9.0%

91.0%

0.0%

15.1%

0.0% 100.0%

% OF HOMES

Neighborhood Demographics Data

Source

Demographics Data Tutorial

Analytics built by: Location, Inc.

Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated November 2022.

Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

136 Vital Statistics found.

3 Condition Alerts found.

Lifestyle

College Student Friendly	56.8%	Poor
Young Single Professionals	56.7%	Poor
Luxury Communities	11.6%	Poor
First Time Homebuyers	7.5%	Poor
Family Friendly	2.0%	Poor
Retirement Dream Areas	1.0%	Poor
Vacation Home Locations	0.0%	Poor

Special character

Walkable	96.6%	Excellent
Hip Trendy	95.1%	Excellent
Urban Sophisticates	21.6%	Poor
Quiet	2.2%	Poor
Nautical	0.0%	Poor

Age / Marital Status

Age

Under 5 Years:
3.3%

5 - 17:
26.9%

18 - 29:
20.3%

30 - 44:
24.0%

45 - 64:
13.1%

Over 65 Years:
12.4%

Marital Status

Single:
64.1%

Married:
11.8%

Divorced:
17.5%

Widowed:
6.5%

Gender Ratio

Male

44.6%

55.4%

Female

Military & College Status

Active Military

Healthcare

Manufacturing

Retail

Construction

Administration

Accommodation

Professional, scientific, and technical services

Education

Public Service

Finance

Transportation

Other

Wholesale

Arts

Management

Real estate

Information Technology

Utilities

Mining

Agriculture

22.3%

14.3%

11.1%

10.3%

8.7%

6.8%

6.3%

5.8%

4.4%

3.4%

2.9%

2.1%

1.6%

0.0%

0.0% 100.0%

% OF RESIDENTS

Commute to work

Average One-way Commute Time

Less than 15 minutes

15-30 minutes

30-45 minutes

45-60 minutes

Over 60 minutes

30.0%

36.0%

24.1%

6.9%

3.0%

0.0% 100.0%

% OF RESIDENTS

Means of Transport

Drives Alone:
32.0%

Carpool/Taxi:
44.2%

Bus:
3.0%

Walk:
16.6%

Work at Home:
4.3%

Other:
0.0%

Other Categories:

Subway/Train: 0.0%

Ferry: 0.0%

Bike: 0.0%

Vehicles per household

No Vehicles:
19.7%

1-2 Vehicles:
65.6%

3+ Vehicles:
14.6%

Migration & Mobility

Moved Last Year

Born out of State

Foreign Born

6.4%

65.2%

18.3%

0.0% 100.0%

% OF RESIDENTS

Race & Ethnic Diversity

Diversity Index

82

(100 is the most diverse)

Hispanic or Latino (Of Any Race)

White

Black or African American

Other Race / Two or More Races

American Indian and Alaska Native

Native Hawaiian and Other Pacific Islanders

Asian

48.7%

32.0%

16.4%

1.7%

1.2%

0.0%

0.0% 100.0%

% OF RESIDENTS

Occupations

Executives, managers, & professionals

Sales and service workers

Office support workers

Factory workers & laborers

Farmers, foresters, & fishers

18.4%

31.3%

33.7%

16.6%

0.0%

0.0% 100.0%

% OF EMPLOYED RESIDENTS 16 OR OLDER

Ancestries & Languages Spoken

Ancestry (top 20)

Puerto Rican

Dominican

U.S. or American

Irish

Arab

Mexican

Portuguese

Sub. African

Italian

Jamaican

French

Polish

Lithuanian

German

English

Haitian

Swedish

Welsh

Scottish

Spanish

32.5%

10.8%

6.3%

5.7%

5.2%

4.5%

4.3%

3.7%

3.6%

2.3%

1.7%

1.6%

1.2%

0.5%

0.4%

0.3%

0.0%

0.0% 100.0%

% OF RESIDENTS

Languages Spoken (top 20)

Spanish

English

Arabic

Portuguese

African

Native American

Polish

Italian

French

Vietnamese

Urdu

Tagalog

Russian

Persian

Mon-Khmer

Korean

Japanese

Langs. of India

Greek

German/Yiddish

44.2%

42.6%

5.4%

3.5%

3.0%

0.9%

0.6%

0.5%

0.0%

0.0% 100.0%

% OF RESIDENTS

Unemployment Rate

This Neighborhood

Nation

3.0%

3.4%

0.0% 100.0%

% OF RESIDENTS

Average Income

Per Capita Income

This Neighborhood

Nation

$13,922

$35,384

Median Household Income

Education Level

Neighborhood Crime Data

Source

Crime Data Tutorial

Analytics built by: Location, Inc.

Raw data sources: 18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency: Reflects 2021 calendar year; released from FBI in Oct. 2022 (latest available). Updated annually. Where is 2022 data?

Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

67 Vital Statistics found.

5 Condition Alerts found.

Neighborhood Crime Data

total Crime Index

14

(100 is safest)

Neighborhood Annual Crimes

	Violent	Property	Total
Number of Crimes	69	111	180
Crime Rate (per 1,000 residents)	16.76	26.95	43.71

Neighborhood Violent Crime

violent Crime Index

4

(100 is safest)

Violent Crime Index By Type

Murder Index	Rape Index	Robbery Index	Assault Index
26 100 is safest	22 100 is safest	6 100 is safest	3 100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0

16.76

5.9

3.05

National Median: 4

Belmont Hill

Worcester

Massachusetts

My Chances of Becoming a Victim of a Violent Crime

1 in 60

in this Neighborhood

1 in 170

in Worcester

1 in 328

in Massachusetts

Worcester VIOLENT CRIMES

Population: 205,918

	Murder	Rape	Robbery	Assault
Report Total	6	49	192	967
Rate per 1,000	0.03	0.24	0.93	4.70

United States VIOLENT CRIMES

Population: 331,888,310

	Murder	Rape	Robbery	Assault
Report Total	22,941	144,285	202,155	943,774
Rate per 1,000	0.07	0.43	0.61	2.84

Neighborhood Property Crime

property Crime Index

23

(100 is safest)

Property Crime Index By Type

Burglary Index	Theft Index	Motor Vehicle Theft
13 100 is safest	25 100 is safest	67 100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0

26.95

17.51

10.44

National Median: 19

Belmont Hill

Worcester

Massachusetts

My Chances of Becoming a Victim of a Property Crime

1 in 37

in this Neighborhood

1 in 57

in Worcester

1 in 96

in Massachusetts

Worcester Property CRIMES

Population: 205,918

	burglary	theft	motor vehicle theft
Report Total	720	2,503	382
Rate per 1,000	3.50	12.16	1.86

United States Property CRIMES

Population: 331,888,310

	burglary	theft	motor vehicle theft
Report Total	899,656	4,626,970	890,179
Rate per 1,000	2.71	13.94	2.68

Crimes Per Square Mile

200 150 100 50 0

870

125

National Median: 26.8

Belmont Hill

Worcester

Massachusetts

Neighborhood Public School Data

Source

School Data Tutorial

Analytics built by: Location, Inc.

Raw data sources:

Test Scores: Edfacts (U.S. Department of Education), State departments of education.
Expenditures: National Center for Education Statistics.
Educational Environment: American Community Survey (U.S. Census Bureau).

Date(s) & Update Frequency:

Due to Covid-19, complete standardized testing did not take place during the 2020-2021 academic school year. Test data: Reflects 2018 – 2019 school year.
Expenditures: 2019
Educational Environment: 2020 (latest available). Updated annually.
All data updated June 2022

Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

65 Vital Statistics found.

8 Condition Alerts found.

School Rating Information

School Quality

21

(100 is best)

Address School Quality Rating

Address-Specific School Quality Rating. Rates the quality of the K-12 public schools that serve this address.

Schools That Serve This Address

School Details	Grades	Quality Rating Compared to MA*	Quality Rating Compared to Nation*
City View School 80 Prospect Street Worcester, MA 01605	PK-06	2	4
North High School 140 Harrington Way Worcester, MA 01604	09-12	1	2
Worcester East Middle School 420 Grafton Street Worcester, MA 01604	07-08	1	3
* 10 is highest

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher	14.1%
Children In The Neighborhood Living In Poverty	86.9%

This address is served by 1 district:

WORCESTER

23,986
Students Enrolled in This District

45
Schools in District

13
Students Per Classroom

District Quality Compared to Massachusetts

2

(10 is best)

District Quality Compared to U.S.

5

(10 is best)

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Public School Test Scores (No Child Left Behind)

60 50 40 30 20 10 0

35%

51%

38%

53%

32%

50%

Proficiency in Reading and Math

Proficiency in Reading

Proficiency in Math

District

State

Schools In This District

School Details	Grades	Quality Rating Compared to MA*	Quality Rating Compared to Nation*
Belmont Street Community School 170 Belmont Street Worcester, MA 01605	PK-06	3	6
Burncoat Middle School 135 Burncoat Street Worcester, MA 01606	07-08	2	5
Burncoat Senior High School 179 Burncoat Street Worcester, MA 01606	09-12	2	3
Burncoat Street School 526 Burncoat Street Worcester, MA 01606	KG-06	2	5
Canterbury School 129 Canterbury Street Worcester, MA 01603	PK-06	3	6
Chandler Elementary Community School 114 Chandler Street Worcester, MA 01609	KG-06	2	4
Chandler Magnet School 525 Chandler Street Worcester, MA 01602	PK-06	1	2
City View School 80 Prospect Street Worcester, MA 01605	PK-06	2	4
Claremont Academy School 15 Claremont Street Worcester, MA 01610	07-12	1	2
Clark St Community School 280 Clark Street Worcester, MA 01606	PK-06	1	1
SEE ALL WORCESTER SCHOOLS IN THIS DISTRICT			* 10 is highest

School District Enrollment By Group

Ethnic/racial Groups	This District	This State
White (non-hispanic)	30.1%	59.2%
Black	17.9%	9.8%
Hispanic	45.0%	23.1%
Asian Or Pacific Islander	6.8%	7.6%
American Indian Or Native Of Alaska	0.3%	0.3%

Economic Groups	This District	This State
ECONOMICALLY DISADVANTAGED	UNREPORTED	UNREPORTED
FREE LUNCH ELIGIBLE	UNREPORTED	UNREPORTED
REDUCED LUNCH ELIGIBLE	UNREPORTED	UNREPORTED

Educational Expenditures

For This District	Per Student	Total	% Of Total
Instructional Expenditures	$10,185	$258,851,775	50.4%
Support Expenditures
Student	$1,595	$40,536,925	7.9%
Staff	$262	$6,658,730	1.3%
General Administration	$55	$1,397,825	0.3%
School Administration	$747	$18,985,005	3.7%
Operation	$1,212	$30,802,980	6.0%
Transportation	$838	$21,297,770	4.1%
Other	$310	$7,878,650	1.5%
Total Support	$5,019	$127,557,885	24.8%
Non-instructional Expenditures	$4,998	$127,024,170	24.7%
Total Expenditures	$20,202	$513,433,830	100.0%

Scout Vision ^® Neighborhood Trends and Forecasts

Source

Trends & Forecast Data Tutorial

Analytics built by: Location, Inc.

Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.

Date(s) & Update Frequency:

Real Estate Value Forecasts & Regional Analysis: Updated Quarterly
Real Estate Values & Trends: Q3 2022. Updated Quarterly.
Demographics, Crime Trends & Forecast: Reflects 2020 calendar year (latest available). Updated annually.

Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more

328 Vital Statistics found.

10 Condition Alerts found.

NOTE: This location has very few privately owned properties. Consequently, the pricing trend and forecast analytics are based on data from the immediate surrounding area. Please use caution in interpreting the results.

Scout Vision ^® Summary

Rising Star Index

Very Low

Appreciation Potential (3 years)
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Rising Star

Blue Chip Index

Moderate

Past Appreciation and existing fundamentals
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Blue Chip

SCOUT VISION Neighborhood Home Value Trend and Forecast

Know the Future: Appreciation 3 Year Forecast

Scout Vision ^® : Accurate Predictive Neighborhood Home Value Forecasting

Developed by industry veterans and PhD geographers, Scout Vision uniquely solves for risk by forecasting home values with unprecedented geographic granularity and predictive accuracy:

#1 Accuracy: Three-year property appreciation forecasts with up to 90% predictive accuracy. (5-Yr available for Scout Vision API clients)

#1 Resolution: The highest resolution product in existence: forecasts to the micro-neighborhood (nearly 10X smaller than a Zip Code).

#1 Coverage: 100% seamless U.S. coverage

#1 Depth: 200+ independent factors, 35+ unique data dimensions, and 23 models undergird Scout Vision

Know the Past: Neighborhood Home Value Trends

Scout Vision’s ^® Exclusive Home Appreciation Rates

NeighborhoodScout reveals the home value trends and appreciation rates for every state, city, town, neighborhood, and micro-neighborhood in America.

NeighborhoodScout has calculated and provides home appreciation rates as a percentage change in the resale value of existing homes in that city, town, neighborhood or micro-neighborhood over the latest quarter, the last year, 2-years, 5-years, 10-years, and even from 2000 to present. We show both the cumulative appreciation rate, and the average annual appreciation rate for each time period (e.g., last 5-years: 84% total appreciation, Avg. per year: 16.8%). We also show how each city, town, neighborhood or micro-neighborhood's appreciation rate compares to others across the U.S. and within the same metropolitan area or nonmetropolitan region (e.g., 9 relative to the nation, 5 relative to the Santa Cruz-Watsonville, CA Metro Area [10 is highest]). This makes comparisons of house appreciation rates equally easy for professional investors and individual homebuyers. In this example, the neighborhood is one of the highest appreciating in the nation over the last 5-years, but is only average in appreciation for the same period relative to other neighborhoods in the Santa Cruz-Watsonville, CA Metro Area.

About the appreciation rate data

Our data are designed to capture changes in the value of single-family homes at the state, city, town, neighborhood and even micro-neighborhood level. Different micro-neighborhoods within a city or town can have drastically different home appreciation rates. NeighborhoodScout vividly reveals such differences. Our data are built upon median house values per square foot in each neighborhood. The data reflect appreciation rates for the micro-neighborhood or neighborhood, not necessarily each individual property in the neighborhood.

Our data are calculated and updated every three months for each geography, approximately two months after the end of the previous quarter.

What transactions are covered in the appreciation rate data?

Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Conforming refers to a mortgage that both meets the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't exceed the conforming loan limit, a figure linked to an index published by the Federal Housing Finance Board. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity.

Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit.

Neighborhood Home Value Trends	Neighborhood Trend and Forecast	Regional Trend: Worcester, MA-CT Metro Area
2000-01-01	163205	133300
2000-04-01	167469	137161
2000-07-01	172408	141632
2000-10-01	175922	144813
2001-01-01	180487	148694
2001-04-01	185603	153125
2001-07-01	191949	158786
2001-10-01	196724	162877
2002-01-01	200166	166918
2002-04-01	205999	173349
2002-07-01	210802	178751
2002-10-01	214384	182931
2003-01-01	218318	186682
2003-04-01	221801	189983
2003-07-01	225865	193864
2003-10-01	233809	201626
2004-01-01	237688	205187
2004-04-01	243397	210578
2004-07-01	253208	220070
2004-10-01	258017	224561
2005-01-01	262989	229092
2005-04-01	269251	234913
2005-07-01	274424	239644
2005-10-01	276725	241505
2006-01-01	277127	243085
2006-04-01	274688	241825
2006-07-01	269788	238104
2006-10-01	270320	239814
2007-01-01	265177	237184
2007-04-01	260213	234733
2007-07-01	251229	228262
2007-10-01	248526	228072
2008-01-01	244968	226551
2008-04-01	234669	218289
2008-07-01	224150	209808
2008-10-01	222093	209788
2009-01-01	221416	209858
2009-04-01	213327	202516
2009-07-01	208718	198655
2009-10-01	208771	199455
2010-01-01	207486	198365
2010-04-01	205231	196304
2010-07-01	206216	197485
2010-10-01	205221	196685
2011-01-01	198717	192624
2011-04-01	192764	189113
2011-07-01	191102	189893
2011-10-01	188709	189943
2012-01-01	187500	187693
2012-04-01	187221	186372
2012-07-01	189042	187152
2012-10-01	191374	188443
2013-01-01	190457	187663
2013-04-01	190250	187593
2013-07-01	191574	189053
2013-10-01	192207	189823
2014-01-01	192821	190323
2014-04-01	196336	193724
2014-07-01	198090	195364
2014-10-01	199834	196995
2015-01-01	201914	197925
2015-04-01	205665	200525
2015-07-01	208576	202286
2015-10-01	211196	203756
2016-01-01	211704	204136
2016-04-01	215192	207497
2016-07-01	218741	210918
2016-10-01	220139	212188
2017-01-01	222341	213638
2017-04-01	227905	218450
2017-07-01	232678	222470
2017-10-01	234160	223201
2018-01-01	238772	226191
2018-04-01	245634	231432
2018-07-01	249915	234093
2018-10-01	251276	233833
2019-01-01	257738	237264
2019-04-01	263840	240334
2019-07-01	270512	243975
2019-10-01	275994	246426
2020-01-01	278220	248486
2020-04-01	282106	252207
2020-07-01	287653	257588
2020-10-01	294540	264310
2021-01-01	302768	271922
2021-04-01	319088	287625
2021-07-01	336227	304149
2021-10-01	343445	310750
2022-01-01	349725	317612
2022-04-01	354262	336786
2022-07-01	368033	343047
2022-10-01	369918	344803
2023-01-01	387035	341650
2023-04-01	377785	334596
2023-07-01	368627	327635
2023-10-01	361132	322336
2024-01-01	353636	317037
2024-04-01	346140	311738
2024-07-01	338644	306439
2024-10-01	334191	304181
2025-01-01	334561	306748
2025-04-01	337973	312357
2025-07-01	341385	317966
2025-10-01	346292	325179

Scout Vision ^® Home Value Trends and Forecast

Time Period	Total Appreciation	Avg. Annual Rate	Compared To Metro*	Compared To America*
3 Year Forecast: 2022 Q4 - 2025 Q4	-5.91%	-2.01%	5	5
Latest Quarter: 2022 Q2 - 2022 Q3	3.89%	16.48%	6	4
Last 12 Months: 2021 Q3 - 2022 Q3	9.46%	9.46%	5	2
Last 2 Years: 2020 Q3 - 2022 Q3	27.94%	13.11%	6	4
Last 5 Years: 2017 Q3 - 2022 Q3	58.17%	9.60%	9	7
Last 10 Years: 2012 Q3 - 2022 Q3	94.68%	6.89%	9	6
Since 2000: 2000 Q1 - 2022 Q3	109.20%	3.41%	5	4
				* 10 is highest

Key price drivers at this location

Pros

Factors likely to drive home values upward over the next few years or indicators of upward trends already underway.

Income Trend
Access to High Paying Jobs

Cons

Impediments to home value appreciation over the next few years or indicators of negative trends already underway.

Neighborhood Look & Feel
Educated Population Trend
Crime
School Performance
Vacancies

Scout Vision ^® Proximity Index

Price advantage over surrounding neighborhoods

Similar Price

Price advantage score
RATINGS: 1=Strong Disadvantage 2=Disadvantage 3=Similar Price 4=Advantage 5=Strong Advantage

$185
Neighborhood price per sqft

$187
Average Nearby Home Price per sqft

Access to high paying jobs

Excellent

Jobs score
RATINGS: 1=Limited 2=Below Average 3=Average 4=Very Good 5=Excellent

Jobs within an hour

Within	High-paying* jobs
5 minutes	28475
10 minutes	58590
15 minutes	79507
20 minutes	98972
30 minutes	174529
45 minutes	317178
60 minutes	897665
*Annual salary of $75,000 or more

-0.2%

Scout Vision ^® Crime Trends and Forecast

Neighborhood Crime Risk	Total Crime	Total Property Crime	Total Violent Crime
2018	226	192	252
2023	204	168	232
2028	176	148	197

Scout Vision ^® Education TRENDS

Avg. annual change in college graduates Over last 5 years

This Neighborhood

The Nation

0.2%

0.6%

Avg. annual change in K-12 school performance Over last 5 years

This Neighborhood

Distance from Location	Population 5 years ago	Current Population	Percent Change
Half Mile	6,979	7,311	4.76%
1 Mile	34,329	39,893	16.21%
3 Miles	160,946	180,405	12.09%
5 Miles	245,127	269,900	10.11%
10 Miles	378,533	408,926	8.03%
15 Miles	595,926	634,171	6.42%
25 Miles	1,362,102	1,411,973	3.66%
50 Miles	7,550,121	7,741,785	2.54%

Scout Vision ^® REGIONAL HOUSING MARKET ANALYSIS

Worcester, MA-CT Metro Area regional investment potential

Very Low

Regional Appreciation Potential (3yr)
RATINGS: 1=Very Low 2=Low 3=Moderate 4=High 5=Very High

Housing Affordability Trends: Worcester, MA-CT Metro Area

Housing Affordability Trends

The Scout Vision ^® Regional Housing Affordability Index is the ratio of the years of median household income in the region, to the median house value in the region. As this ratio becomes high, it becomes more difficult for local wages to support housing prices. As the Index approaches historical highs, it can be a warning of an overheated housing market that may be due for a pricing correction.

Because demand varies from region to region and the proportion of household income expected to be spent on housing also varies greatly from region to region, the Scout Vision Housing Affordability Index is best used to compare affordability in a region over time to assess overheated markets, rather than using the Index to compare different regions at one point in time to assess market overheating. The Regional Housing Affordability Index is reassessed and recalculated annually.

Years of average household income needed to buy average home

Regional Housing Market Analysis	Metro	National
2000	2.93	2.66
2001	3.35	2.87
2002	3.78	3.07
2003	4.20	3.26
2004	4.62	3.44
2005	5.04	3.62
2006	4.80	3.82
2007	4.56	3.83
2008	4.40	3.80
2009	4.25	3.69
2010	4.32	3.59
2011	4.17	3.44
2012	3.92	3.35
2013	3.91	3.33
2014	3.79	3.38
2015	3.78	3.49
2016	3.82	3.57
2017	3.88	3.85
2018	3.97	3.90
2019	3.85	3.87
2020	3.74	3.82

2.93
Region's Historical Low

5.04
Region's Historical High

3.74
Current

Regional 1 and 2 Year Growth Trends

Regional 1 and 2 Year Growth Trends

The Scout Vision ^® Regional 1 and 2 Year Growth Trends are a set of exclusive assessments of important conditions which influence a region’s housing market, prices, security, and economic outlook.

Regional Trend	Last 2 years	Compared to Nation*	Last 1 year	Compared to Nation*
Population Growth	-0.10%	5	0.10%	6
Job Growth	3.93%	4	0.00%	1
Income Trend (Wages)	10.44%	6	10.22%	4
Unemployment Trend	-3.00%	6	-1.88%	8
Stock Performance of Region's Industries	7.56%	8	-8.28%	8
Housing Added	0.89%	3	0.46%	4
Vacancy Trend	-0.50%	5	**	**
* 10 is highest	** Outside the nation's largest metropolitan regions, vacancy trends are available for the last 2 years only.

Disclaimer
Forecasts of potential occurrences or non-occurrences of future conditions and events are inherently uncertain. Actual results may differ materially from what is predicted in any information provided by Location Inc. Nothing contained in or generated by a Location Inc. product or services is, or should be relied upon as, a promise or representation as to the future performance or prediction of real estate values. No representation is made as to the accuracy of any forecast, estimate, or projection. Location Inc. makes no express or implied warranty and all information and content is provided "As is" without any warranties of any kind. Location Inc. expressly disclaims any warranty of accuracy or predictability, and any warranty of merchantability and fitness for a particular purpose. Location Inc. further disclaims any liability for damages, loss, or injury arising out of the use this site and the data. All risks associated with using the site and the data are borne by the user at user's sole cost and expense. By using the site you agree to our Terms of Use .

Sample Pro Report

86 Shrewsbury St., Worcester , MA 01604

44

7 Alerts

136

3 Alerts

67

5 Alerts

65

8 Alerts

328

10 Alerts

About the 86 Shrewsbury St. Neighborhood

Real Estate Prices and Overview

Notable & Unique Neighborhood Characteristics

Notable & Unique: People

Notable & Unique: Modes of Transportation

Notable & Unique: Real Estate

Notable & Unique: Car Ownership

Notable & Unique: Diversity

The Neighbors

The Neighbors: Income

The Neighbors: Occupations

The Neighbors: Languages

The Neighbors: Ethnicity / Ancestry

Getting to Work

Neighborhood Real Estate Data

Date(s) & Update Frequency:

Average Home Values

Median Home Value: $368,033

Median Real Estate Taxes: ( effective rate)

Neighborhood Home Prices

Rental Market

Average Market Rent: Neighborhood Condition Alert This neighborhood's avg monthly rental cost is among the lowest in this state, according to NeighborhoodScout's exclusive analysis. $1,458 / per month

Neighborhood Condition Alert

Neighborhood Condition Alert

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

Setting

Neighborhood Look and Feel

Housing Market Details

Age of Homes

Neighborhood Condition Alerts

Home Size

Special Purpose Housing

homeownership

Neighborhood Condition Alerts

Neighborhood Demographics Data

Lifestyle

56.8%

56.7%

11.6%

7.5%

2.0%

1.0%

0.0%

Special character

Neighborhood Condition Alert

96.6%

95.1%

21.6%

2.2%

0.0%

Age / Marital Status

Age

Marital Status

Gender Ratio

Male

44.6%

55.4%

Female

Military & College Status

Household Types

One person households

Same Sex Partners

Married Couple with Child

Single Parent with Child

Employment Industries in Belmont Hill

Commute to work

Average One-way Commute Time

Means of Transport

Median Home Value:
$368,033

Median Real Estate Taxes:
( effective rate)

Average Market Rent:

$1,458 / per month