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Real Estate Prices & Overview

Boxford Station median real estate price is $1,014,585, which is more expensive than 84.4% of the neighborhoods in Massachusetts and 92.4% of the neighborhoods in the U.S.

The average rental price in Boxford Station is currently $4,540, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.2% of the neighborhoods in Massachusetts.

Boxford Station is a rural neighborhood (based on population density) located in North Andover, Massachusetts.

Boxford Station real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Boxford Station neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Boxford Station, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in Boxford Station is very tight compared to the demand for property here.

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.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.5% of America's neighborhoods are wealthier than the Boxford Station neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Boxford Station also has one of the lowest ratings of child poverty in the nation.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Boxford Station neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Also, a majority of the adults in the Boxford Station neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Massachusetts by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.3% of the neighborhoods in Massachusetts. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Finally, the rate of college educated adults in the Boxford Station neighborhood is a unique characteristic of the neighborhood. 81.4% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.2% of all U.S. neighborhoods.

Real Estate

Owner-occupied real estate dominates the Boxford Station neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.8% of neighborhoods in America.

In addition, one way that the Boxford Station neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Occupations

The Boxford Station neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.5% of the neighborhoods in America. In fact, 74.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Boxford Station neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Boxford Station neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.3% of all neighborhoods in America.

Diversity

Did you know that the Boxford Station neighborhood has more Greek and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Greek ancestry and 28.8% have Italian ancestry.

Boxford Station is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.6% 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 Boxford Station neighborhood in North Andover 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 99.5% 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.

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 Boxford Station neighborhood, 74.3% 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 16.9% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (8.4%), and 4.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Boxford Station neighborhood is English, spoken by 93.6% of households.

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 Boxford Station neighborhood in North Andover, MA, residents most commonly identify their ethnicity or ancestry as Italian (28.8%). There are also a number of people of Irish ancestry (27.8%), and residents who report English roots (15.6%), and some of the residents are also of German ancestry (9.1%), along with some French ancestry residents (6.6%), among others. In addition, 10.3% of the residents of this neighborhood were born in another country.

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 Boxford Station neighborhood spend between 15 and 30 minutes commuting one-way to work (35.0% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.2%) who commute over an hour in each direction.

Here most residents (72.5%) 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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