Vinalhaven - North Haven, ME - 04645 - Real Estate Market Appreciation & Housing Market Trends

Overview

Vinalhaven - North Haven is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maine. With a population of 1,874 people and just one neighborhood, Vinalhaven - North Haven is the 221st largest community in Maine. Vinalhaven - North Haven has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.

Vinalhaven - North Haven home prices are not only among the most expensive in Maine, but Vinalhaven - North Haven real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

When you are in Vinalhaven - North Haven, you'll notice that it is more blue-collar than most other communities in America. 44.81% of Vinalhaven - North Haven鈥檚 employed work in blue-collar jobs, while America averages only 27.7% that do. Overall, Vinalhaven - North Haven is a town of farmers, fishers, or foresters, construction workers and builders, and managers. There are especially a lot of people living in Vinalhaven - North Haven who work in farm management occupations (23.30%), management occupations (11.65%), and office and administrative support (9.22%).

Also of interest is that Vinalhaven - North Haven has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.73% 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 Vinalhaven - North Haven 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.

Because of many things, Vinalhaven - North Haven is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Vinalhaven - North Haven really has some of the features that families look for when choosing a good community to raise children. Is Vinalhaven - North Haven perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Vinalhaven - North Haven has relatively fewer families with younger children, and/or college students. Combined, this makes Vinalhaven - North Haven a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.

Vinalhaven - North Haven is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

Residents of the town have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 15.58 minutes getting to work every day.

Demographics

The education level of Vinalhaven - North Haven ranks among the highest in the nation. Of the 25-and-older adult population in Vinalhaven - North Haven, 49.12% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Vinalhaven - North Haven in 2022 was $68,600, which is wealthy relative to Maine and the nation. This equates to an annual income of $274,400 for a family of four. However, Vinalhaven - North Haven contains both very wealthy and poor people as well.

The people who call Vinalhaven - North Haven home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Vinalhaven - North Haven residents report their race to be White, followed by Black or African-American. Important ancestries of people in Vinalhaven - North Haven include English, Scottish, German, Irish, and Dutch.

The most common language spoken in Vinalhaven - North Haven is English. Other important languages spoken here include Italian and Polish.

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 蘑菇视频's exclusive exploration and analysis.

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 36 people per square mile living here, this neighborhood is less crowded than 91.6% of America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, 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 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, despite all of the residential real estate here in the neighborhood, 蘑菇视频 has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 60.6%, which is higher than 99.4% of all U.S. neighborhoods.

Occupations

It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to 蘑菇视频's leading analysis, the neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 23.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 99.8% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 77.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than 蘑菇视频 found in 99.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

In the neighborhood, 0.5% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, 蘑菇视频's analysis reveals that this is a higher level of ferry ridership than in 98.5% of the neighborhoods in America.

People

If you are planning to retire in Maine, 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 Maine, 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 95.0% of neighborhoods in ME. If a Maine retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the neighborhood has more Scottish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.1% of this neighborhood's residents have Scottish ancestry and 29.7% have English ancestry.

is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.1% 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. 蘑菇视频's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Vinalhaven - North Haven are middle-income, making it a moderate income neighborhood. 蘑菇视频's exclusive analysis reveals that this neighborhood has a higher income than 52.0% of the neighborhoods in America. In addition, 6.7% 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 58.8% 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, 28.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is farming, forestry, or commercial fishing, with 23.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.5%), and 14.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the neighborhood is English, spoken by 96.3% of households. Some people also speak Italian (6.0%).

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 Vinalhaven - North Haven, ME, residents most commonly identify their ethnicity or ancestry as English (29.7%). There are also a number of people of Scottish ancestry (11.1%), and residents who report German roots (10.8%), and some of the residents are also of Irish ancestry (9.6%), along with some Dutch ancestry residents (5.7%), 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 under 15 minutes commuting one-way to work (77.5% of working residents), one of the shortest commutes across America.

Here most residents (66.0%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (9.0%) and 7.8% 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.

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