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New Bedford Massachusetts Real Estate By Jennifer Hershey

New Bedford Massachusetts Real Estate

New Bedford, Massachusetts, is located in Bristol County, of , and 48 miles S of Boston, Massachusetts. New Bedford has a population of 93,768.

New Bedford Homes

New Bedford properties pool is 38,178 residential properties including New Bedford new homes. Median age of real estate in New Bedford is 1941. Average Household size is 3.01 people. 4% are one bedroom homes, 26% are 2 bedroom homes, 52% are 3 bedroom homes, 14% are 4 bedroom homes, and 5% are 5+ bedroom homes.

New Bedford Mortgage Statistics

New Bedford mortgages vs. USA median statistics

Homes New Bedford USA
Homes With No Mortgage 37%
30%
Homes With Mortgage 63%
70%
First Mortgage Only 49%
54%
First & Second Mortgage or HELOC 15%
16%

New Bedford Area Real Estate Tax

New Bedford Real estate Tax: Median Real Estate Taxes (2000) were $1,501 comparing to 1999 Median Family income $ 35,708. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

New Bedford School District: Children make up 24.9% of New Bedford population. New Bedford has 23,327 under 18 years old residents, or 0.62 kids per one worker, or 0.61 kids per one household.

New Bedford Real Estate & New Bedford Homeownership

There are 12216.96 or 32% one person households, 11453.4 or 30% two person households, and 6872.04 or 18% three person households in New Bedford, Massachusetts. Median residents age is 35.9, Senior citizens (65+) make up 15,648 or 16.7%% of New Bedford population.

There are 37,537 workers (over 16 years of age) in New Bedford. Of these, 90.25% drive to work. Approximately 2.77% of workers in New Bedford take public transportation. An estimated 4.2% walk to work.

Median New Bedford homeowner's housing expences are 19.7%

Crime in New Bedford (2003), crimes per 10,000 residents per year

Type of Crime New Bedford USA, 2003
Violent Crimes
72.41
47.5
Robberies
24.96
14.2
Aggravated Assaults
35.19
29.5
Property Crimes
284.32
358.8
Burglaries
100.78
74.0
Larceny-Thefts
126.59
241.5
Motor Vehicle Thefts
56.95
43.3

Invest in New Bedford Properties

When making a decision about buying real estate in New Bedford Massachusetts area, you should consider following statistical data:

Category New Bedford USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
New Bedford Zip Codes
02740, 02743, 02744, 02745, 02746
-
New Bedford Area Codes
508
-
White population
78.86%
75.1%
African-American population
4.39%
12.3%
Asian
0.65%
3.6%
American Indian & Alaskan
0.62%
0.9%
Hispanic (of any race)
10.21%
12.5%
Median Family Income (1999)
$ 35,708%
$42,000
Population Below Poverty Level
19.79%
12.4%

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