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 1,877 people and just one neighborhood, Vinalhaven - North Haven is the 221st largest community in Maine. Vinalhaven - North Haven has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.

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

Because occupations involving physical labor dominate the local economy, Vinalhaven - North Haven is generally considered to be a blue-collar town. 44.81% of the Vinalhaven - North Haven workforce is employed in blue-collar occupations, compared to the national average of 27.7%. 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.

Telecommuters are a relatively large percentage of the workforce: 16.73% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 destination for tourists and seasonal residents. So much of the population is seasonal such that the town鈥檚 population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.

Vinalhaven - North Haven 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, Vinalhaven - North Haven鈥檚 overall crime rate is lower than average for the country.

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.

One of the nice things about Vinalhaven - North Haven is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

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

Vinalhaven - North Haven is one of the most well-educated cities in the nation. 49.12% of adults in Vinalhaven - North Haven have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

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

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.

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

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. 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

If you like to ride a ferry to work, this neighborhood may be for you. 蘑菇视频's research revealed that 0.5% of the neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

People

If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by 蘑菇视频 as among the top 5.3% of retiree-friendly neighborhoods in Maine, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, 蘑菇视频 identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Maine.

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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

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

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 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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