640 Vital Statistics found.

34 Condition Alerts found.

Real Estate

44

Statistics

7 Alerts

Demographics

136

Statistics

3 Alerts

Crime

67

Statistics

5 Alerts

Schools

65

Statistics

7 Alerts

Trends & Forecasts

328

Statistics

12 Alerts

About the 86 Shrewsbury St. Neighborhood

Overview Data Tutorial

Real Estate Prices and Overview

This neighborhood's median real estate price is $357,285, which is less expensive than 81.2% of Massachusetts neighborhoods and 39.5% of all U.S. neighborhoods.

The average rental price in this neighborhood is currently $1,311, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.0% 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

One of the unique characteristics of this neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.6% of the neighborhoods in America. 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

In this neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 33.9% of commuters carpool here, which is more than in 99.6% of all U.S. neighborhoods.

Also, in this neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 17.3% of residents here. This is a higher proportion of walking commuters than we found in 97.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Notable & Unique: Real Estate

91.0% of the real estate in this neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

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, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find this neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 36.4% of the real estate here is made up of such dwellings, which is higher than 96.2% of all U.S. neighborhoods.

Notable & Unique: Car Ownership

American households most often have a car, and regularly they have two or three. But households in this neighborhood buck this trend. 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

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

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 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 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 (33.9%) 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 (33.4%) and 17.3% 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 Q4 2021. 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:
$357,285

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:

$1,311 / per month

GROSS RENTAL YIELD:

5.65 %

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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

$1,681

$1,296

$482

$394

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

2.4%

1970 - 1999

26.9%

1940 - 1969

25.5%

1939 or Older

45.1%

0.0% 100.0%

% OF HOMES

Types of Homes

Single-Family

6.3%

Townhomes

3.3%

Small Apt. Buildings

36.4%

Apt. Complexes

53.9%

Mobile Homes

0.0%

Other

0.0%

0.0% 100.0%

% OF HOMES

Home Size

No Bedroom

2.7%

1 Bedroom

28.7%

2 Bedrooms

26.9%

3 Bedrooms

25.9%

4 Bedrooms

12.0%

5 or more bedrooms

3.8%

0.0% 100.0%

% OF HOMES

Special Purpose Housing

Incarcerated

0.0%

College Dorms

0.0%

Military Housing

0.0%

Public Housing

5.4%

0.0% 100.0%

% OF HOMES

homeownership

Homeownership Rate

Owners

9.0%

Renters

91.0%

Seasonally Vacant

0.0%

Vacant Year-Round

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 February 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	58.3%	Poor
Young Single Professionals	56.7%	Poor
Luxury Communities	11.6%	Poor
First Time Homebuyers	7.5%	Poor
Family Friendly	2.4%	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

22.3%

Manufacturing

14.3%

Retail

11.1%

Construction

10.3%

Administration

8.7%

Accommodation

6.8%

Professional, scientific, and technical services

6.3%

Education

5.8%

Public Service

4.4%

Finance

3.4%

Transportation

2.9%

Other

2.1%

Wholesale

1.6%

Arts

0.0%

Management

0.0%

Real estate

0.0%

Information Technology

0.0%

Utilities

0.0%

Mining

0.0%

Agriculture

0.0%

0.0% 100.0%

% OF RESIDENTS

Commute to work

Average One-way Commute Time

Less than 15 minutes

30.0%

15-30 minutes

36.0%

30-45 minutes

24.1%

45-60 minutes

6.9%

Over 60 minutes

3.0%

0.0% 100.0%

% OF RESIDENTS

Means of Transport

Drives Alone:
36.3%

Carpool:
36.8%

Bus:
3.4%

Walk:
18.8%

Work at Home:
4.7%

Other:
0.0%

Other Categories:

Subway/Bus: 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

6.4%

Born out of State

65.2%

Foreign Born

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)

48.7%

White

32.0%

Black or African American

16.4%

Other Race / Two or More Races

1.7%

American Indian and Alaska Native

1.2%

Native Hawaiian and Other Pacific Islanders

0.0%

Asian

0.0%

0.0% 100.0%

% OF RESIDENTS

Occupations

Executives, managers, & professionals

18.4%

Sales and service workers

31.3%

Office support workers

33.7%

Factory workers & laborers

16.6%

Farmers, foresters, & fishers

0.0%

0.0% 100.0%

% OF EMPLOYED RESIDENTS 16 OR OLDER

Ancestries & Languages Spoken

Ancestry (top 20)

Puerto Rican

32.5%

Dominican

10.8%

U.S. or American

6.3%

Irish

5.7%

Arab

5.2%

Mexican

4.5%

Portuguese

4.3%

Sub. African

3.7%

Italian

3.6%

Jamaican

2.3%

French

1.7%

Polish

1.6%

Lithuanian

1.2%

German

1.2%

English

1.2%

Haitian

0.5%

Swedish

0.5%

Welsh

0.4%

Scottish

0.3%

Spanish

0.0%

0.0% 100.0%

% OF RESIDENTS

Languages Spoken (top 20)

Spanish

44.2%

English

42.6%

Arabic

5.4%

Portuguese

3.5%

African

3.0%

Native American

0.9%

Polish

0.6%

Italian

0.6%

French

0.5%

Vietnamese

0.0%

Urdu

0.0%

Tagalog

0.0%

Russian

0.0%

Persian

0.0%

Mon-Khmer

0.0%

Korean

0.0%

Japanese

0.0%

Langs. of India

0.0%

Greek

0.0%

German/Yiddish

0.0%

0.0% 100.0%

% OF RESIDENTS

Unemployment Rate

This Neighborhood

3.1%

Nation

4.4%

0.0% 100.0%

% OF RESIDENTS

Average Income

Per Capita Income

This Neighborhood

$13,922

Nation

$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 2020 calendar year; released from FBI in Sept. 2021 (latest available). Updated annually. Where is 2021 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

17

(100 is safest)

Neighborhood Annual Crimes

	Violent	Property	Total
Number of Crimes	98	169	267
Crime Rate (per 1,000 residents)	15.88	27.38	43.26

Neighborhood Violent Crime

violent Crime Index

5

(100 is safest)

Violent Crime Index By Type

Murder Index	Rape Index	Robbery Index	Assault Index
28 100 is safest	31 100 is safest	5 100 is safest	5 100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0

15.88

5.74

3.03

National Median: 4

Belmont Hill

Worcester

Massachusetts

My Chances of Becoming a Victim of a Violent Crime

1 in 63

in this Neighborhood

1 in 174

in Worcester

1 in 330

in Massachusetts

Worcester VIOLENT CRIMES

Population: 206,518

	Murder	Rape	Robbery	Assault
Report Total	10	47	211	918
Rate per 1,000	0.05	0.23	1.02	4.45

United States VIOLENT CRIMES

Population: 331,449,281

	Murder	Rape	Robbery	Assault
Report Total	21,570	126,430	243,600	921,505
Rate per 1,000	0.07	0.38	0.73	2.78

Neighborhood Property Crime

property Crime Index

26

(100 is safest)

Property Crime Index By Type

Burglary Index	Theft Index	Motor Vehicle Theft
16 100 is safest	36 100 is safest	39 100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0

27.38

18.35

10.33

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 54

in Worcester

1 in 97

in Massachusetts

Worcester Property CRIMES

Population: 206,518

	burglary	theft	motor vehicle theft
Report Total	686	2,654	450
Rate per 1,000	3.32	12.85	2.18

United States Property CRIMES

Population: 331,449,281

	burglary	theft	motor vehicle theft
Report Total	1,035,314	4,606,324	810,400
Rate per 1,000	3.12	13.90	2.45

Crimes Per Square Mile

200 150 100 50 0

437

129

National Median: 26.9

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

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.

7 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

25,044
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)	30.4%	60.3%
Black	17.6%	9.5%
Hispanic	45.0%	22.4%
Asian Or Pacific Islander	6.7%	7.5%
American Indian Or Native Of Alaska	0.2%	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	$9,886	$250,171,000	54.9%
Support Expenditures
Student	$1,492	$37,747,000	8.3%
Staff	$352	$8,912,000	2.0%
General Administration	$51	$1,284,000	0.3%
School Administration	$723	$18,299,000	4.0%
Operation	$1,140	$28,838,000	6.3%
Transportation	$766	$19,381,000	4.3%
Other	$332	$8,406,000	1.8%
Total Support	$4,855	$122,867,000	27.0%
Non-instructional Expenditures	$3,252	$82,306,000	18.1%
Total Expenditures	$17,994	$455,344,000	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: Q4 2021. 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.

12 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

High

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	165402	133300
2000-04-01	169710	137161
2000-07-01	174699	141632
2000-10-01	178249	144813
2001-01-01	182821	148684
2001-04-01	187973	153135
2001-07-01	194316	158776
2001-10-01	199118	162877
2002-01-01	202583	166918
2002-04-01	208418	173329
2002-07-01	213262	178751
2002-10-01	216877	182941
2003-01-01	220785	186672
2003-04-01	224262	189973
2003-07-01	228320	193854
2003-10-01	236268	201626
2004-01-01	240170	205177
2004-04-01	245932	210588
2004-07-01	255785	220090
2004-10-01	260637	224591
2005-01-01	265611	229182
2005-04-01	271765	234953
2005-07-01	276879	239684
2005-10-01	279072	241495
2006-01-01	279437	243055
2006-04-01	277012	241825
2006-07-01	272076	238084
2006-10-01	272581	239784
2007-01-01	267370	237134
2007-04-01	262378	234703
2007-07-01	253346	228232
2007-10-01	250625	228072
2008-01-01	246897	226531
2008-04-01	236458	218279
2008-07-01	225769	209778
2008-10-01	223592	209788
2009-01-01	222870	209868
2009-04-01	214727	202526
2009-07-01	210054	198655
2009-10-01	210072	199475
2010-01-01	208780	198355
2010-04-01	206568	196315
2010-07-01	207586	197505
2010-10-01	206604	196695
2011-01-01	200010	192634
2011-04-01	194027	189183
2011-07-01	192254	189943
2011-10-01	189741	189963
2012-01-01	188507	187713
2012-04-01	188223	186412
2012-07-01	190019	187192
2012-10-01	192316	188473
2013-01-01	191358	187753
2013-04-01	190980	187613
2013-07-01	192213	189083
2013-10-01	192865	189973
2014-01-01	193384	190393
2014-04-01	196893	193804
2014-07-01	198552	195364
2014-10-01	200391	197105
2015-01-01	201917	198015
2015-04-01	205144	200625
2015-07-01	207541	202406
2015-10-01	209667	203916
2016-01-01	210564	204286
2016-04-01	214392	207587
2016-07-01	218360	211028
2016-10-01	220237	212378
2017-01-01	222181	213658
2017-04-01	227766	218580
2017-07-01	232491	222640
2017-10-01	234055	223541
2018-01-01	238573	226411
2018-04-01	245482	231673
2018-07-01	249750	234293
2018-10-01	251238	234133
2019-01-01	257346	237564
2019-04-01	263074	240615
2019-07-01	269322	244185
2019-10-01	274570	246756
2020-01-01	277121	248826
2020-04-01	281273	252497
2020-07-01	287025	257768
2020-10-01	294217	264480
2021-01-01	302255	272112
2021-04-01	313787	288085
2021-07-01	332937	304169
2021-10-01	357285	319101
2022-01-01	365342	326299
2022-04-01	374558	333867
2022-07-01	389715	347375
2022-10-01	401532	357545
2023-01-01	413350	367714
2023-04-01	425168	377884
2023-07-01	436985	388054
2023-10-01	448803	398223
2024-01-01	456577	404349
2024-04-01	456711	402835
2024-07-01	458231	402707
2024-10-01	459328	402156
2025-01-01	444904	387379

Scout Vision^® Home Value Trends and Forecast

Time Period	Total Appreciation	Avg. Annual Rate	Compared To Metro*	Compared To America*
3 Year Forecast: 2022 Q1 - 2025 Q1	24.52%	7.58%	9	8
Latest Quarter: 2021 Q3 - 2021 Q4	7.31%	32.62%	6	6
Last 12 Months: 2020 Q4 - 2021 Q4	21.44%	21.44%	6	8
Last 2 Years: 2019 Q4 - 2021 Q4	30.13%	14.07%	6	8
Last 5 Years: 2016 Q4 - 2021 Q4	62.23%	10.16%	9	9
Last 10 Years: 2011 Q4 - 2021 Q4	88.30%	6.53%	9	7
Since 2000: 2000 Q1 - 2021 Q4	100.44%	3.33%	4	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.

Neighborhood Look & Feel
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.

Educated Population Trend
Crime
Vacancies
School Performance

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

$166
Neighborhood price per sqft

$168
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	31352
10 minutes	57335
15 minutes	73124
20 minutes	94172
30 minutes	164321
45 minutes	301763
60 minutes	797176
*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
2017	226	192	252
2022	204	168	232
2027	176	148	197

Scout Vision^® Education TRENDS

Avg. annual change in college graduates Over last 5 years

This Neighborhood

0.2%

The Nation

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	2,760	3,223	16.78%
1 Mile	13,441	16,904	25.76%
3 Miles	108,920	122,591	12.55%
5 Miles	195,006	212,071	8.75%
10 Miles	296,028	328,250	10.88%
15 Miles	398,542	429,465	7.76%
25 Miles	763,779	811,007	6.18%
50 Miles	3,813,432	3,933,355	3.14%

Scout Vision^® REGIONAL HOUSING MARKET ANALYSIS

Worcester, MA-CT Metro Area regional investment potential

High

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 Trend	Last 2 years	Compared to Nation*	Last 1 year	Compared to Nation*
Population Growth	0.00%	5	0.00%	5
Job Growth	3.40%	4	3.40%	4
Income Trend (Wages)	6.20%	6	4.07%	6
Unemployment Trend	0.86%	3	-3.28%	7
Stock Performance of Region's Industries	35.27%	9	4.62%	9
Housing Added	0.86%	4	0.44%	4
Vacancy Trend	-1.93%	10	0.00%	1
* 10 is highest

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

7 Alerts

328

12 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: $357,285

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. $1,311 / 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

58.3%

56.7%

11.6%

7.5%

2.4%

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:
$357,285

Median Real Estate Taxes:
( effective rate)

Average Market Rent:

$1,311 / per month