Egremont - Alford, MA - 01258 - Real Estate Market Appreciation & Housing Market Trends

Overview

Egremont - Alford is a very small town located in the state of Massachusetts. With a population of 2,011 people and just one neighborhood, Egremont - Alford is the 300th largest community in Massachusetts.

Housing costs in Egremont - Alford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.

Occupations and Workforce

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Egremont - Alford is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Egremont - Alford is a town of professionals, service providers, and managers. There are especially a lot of people living in Egremont - Alford who work in management occupations (13.27%), personal care services (12.95%), and healthcare (8.49%).

Of important note, Egremont - Alford is also a town of artists. Egremont - Alford has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Egremont - Alford鈥檚 character.

And if you like science, one thing you'll find is that Egremont - Alford has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.68% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Another notable thing is that Egremont - Alford is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the town experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller town.

In addition, Egremont - Alford is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Egremont - Alford is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town鈥檚 good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Egremont - Alford鈥檚 overall crime rate is lower than average for the country.

It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Egremont - Alford has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Egremont - Alford has few renters and college students. But the biggest reason it is quieter in Egremont - Alford than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Egremont - Alford may be for you.

Demographics

Do you like to read, write and learn? If you move to Egremont - Alford, you'll likely find that many of your neighbors like to as well. Egremont - Alford is one of the more educated communities in America, with a full 60.69% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Egremont - Alford in 2022 was $66,592, which is upper middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $266,368 for a family of four.

The people who call Egremont - Alford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Egremont - Alford residents report their race to be White. Important ancestries of people in Egremont - Alford include English, Irish, German, Dutch, and Italian.

The most common language spoken in Egremont - Alford is English. Other important languages spoken here include German/Yiddish and French.

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 蘑菇视频'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 neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you are planning to retire in Massachusetts, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to 蘑菇视频's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Massachusetts, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.3% of neighborhoods in MA. If a Massachusetts retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.

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 neighborhood stands out for its commute length, according to 蘑菇视频'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 neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.7% 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 蘑菇视频 found in 98.6% of all neighborhoods in America.

Real Estate

This neighborhood has wide open spaces, few people, and lots of space to stretch out. If you like locations that fit that description, you may like this neighborhood. Based on 蘑菇视频's exclusive analysis, with only 38 people per square mile living here, this neighborhood is less crowded than 91.2% of America. One of the notable things about is that it is one of the quietest neighborhoods in America, according to 蘑菇视频's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 45.5% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 98.4% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

Diversity

Did you know that the neighborhood has more Canadian and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Canadian ancestry and 7.7% have Dutch ancestry.

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. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Egremont - Alford are upper-middle income, making it an above average income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 79.7% 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 neighborhood, 47.7% 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 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 7.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 93.9% 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 鈥� our learned behavior 鈥� 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 neighborhood in Egremont - Alford, MA, residents most commonly identify their ethnicity or ancestry as English (18.4%). There are also a number of people of Irish ancestry (12.3%), and residents who report German roots (9.4%), and some of the residents are also of Dutch ancestry (7.7%), along with some Italian ancestry residents (7.4%), among others.

Getting to Work

How you get to work 鈥� car, bus, train or other means 鈥� 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 neighborhood spend between 15 and 30 minutes commuting one-way to work (36.9% 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 (14.7%) who commute over an hour in each direction.

Here most residents (61.9%) 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 (9.8%) . 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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