The Reserve at Federal Hill median real estate price is $599,809, which is more expensive than 72.2% of the neighborhoods in New Hampshire and 73.7% of the neighborhoods in the U.S.
The average rental price in The Reserve at Federal Hill is currently $2,348, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.0% of New Hampshire neighborhoods.
The Reserve at Federal Hill is a rural neighborhood (based on population density) located in Milford, New Hampshire.
The Reserve at Federal Hill real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the The Reserve at Federal Hill 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.
Real estate vacancies in The Reserve at Federal Hill are 5.7%, which is lower than one will find in 60.5% of American neighborhoods. Demand for real estate in The Reserve at Federal Hill is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 in Milford, the The Reserve at Federal Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the The Reserve at Federal Hill neighborhood has more French Canadian and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.7% of this neighborhood's residents have French Canadian ancestry and 5.9% have Swedish ancestry.
The Reserve at Federal Hill is also pretty special linguistically. Significantly, 0.3% of its residents five years old and above primarily speak Mon-Khmer, which is the dominant language of Cambodia, at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.
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 the The Reserve at Federal Hill neighborhood in Milford 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 90.5% of the neighborhoods in America. In addition, 2.3% 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 73.7% of America's neighborhoods.
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 the The Reserve at Federal Hill neighborhood, 46.6% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.3%), and 9.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the The Reserve at Federal Hill neighborhood is English, spoken by 96.0% of households.
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 The Reserve at Federal Hill neighborhood in Milford, NH, residents most commonly identify their ethnicity or ancestry as Irish (19.9%). There are also a number of people of English ancestry (19.8%), and residents who report Italian roots (12.6%), and some of the residents are also of German ancestry (7.9%), along with some French ancestry residents (7.7%), among others.
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 The Reserve at Federal Hill neighborhood spend under 15 minutes commuting one-way to work (30.3% of working residents), one of the shortest commutes across America.
Here most residents (71.9%) 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 (6.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.