Zip Codes 06830, 06831
Distinguished & Exclusive Neighborhood Characteristics
What makes a neighborhood? Many things matter, primarily the way a neighborhood looks and its particular character. This particular neighborhood in Greenwich, the Putnam Ave / Old Church Rd neighborhood, has some outstanding things about the way it looks and feels. the Putnam Ave / Old Church Rd neighborhood is wealthier than 99.9% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the shear amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a remarkable quality of this neighborhood with high appreciation rates.
Transportation & Commute
The greatest number of commuters in Putnam Ave / Old Church Rd neighborhood spend under 15 minutes commuting one-way to work (34.4% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (31.4%) who commute over an hour in each direction.
Here most residents (52.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (22.2%) and 8.6% of residents also hop out the door and walk to work 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.
To begin searching for real estate in Putname Park, click here. For more information, questions or to schedule a showing, please feel free to contact Scott Elwell!
Click to Show Neighborhood Values, Look, Feel & Character
| DETAILS | |
| VALUES | The median real estate price of $2,223,569 and a rental rate of $1,095. The apartment vacancy rates in this area are just 9.8%, 43% lower than the national average, which illustrates how coveted this area of Greenwich is for investors and residents. |
| THE SETTING | Suburban (based on population density) |
| TYPE OF HOMES | Mostly Single-family homes and a few Complexes/high rise apartments |
| SIZE OF HOMES | Mostly Large residences (4 or 5 bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Small dwellings (1, 2, or no bedrooms) |
| AGE OF HOMES | Mostly Well established older homes (Built 1940 - 1969), some Historic homes (Built 1939 or earlier), some Established but not old (Built 1970 - 1994) and some Newer Homes (Built 1995 or later) |
| HOMEOWNERSHIP | Mostly Owner occupied - adds to stability and rising values |
| SPECIAL CHARACTER | Mostly Quiet and Urban Sophisticates, Highly Educated with the Greenwich Library within the neighborhood |
| EATERIES | Numerous restaurants with one mile, most in walking distance on Greenwich Avenue |
| THE NEIGHBORS | DETAILS |
| AGE & LIFESTYLE | Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Families with children (family households with school-aged children), some Mixed ages and some Seniors (people 65 and over) |
| EDUCATION LEVEL | Rating: 10 (5 is average for the U.S., 10 is most educated) |
| INCOME | Wealthy (among the 15% most wealthy communities in America) |
| OCCUPATIONS | Mostly Executive, managerial & professional, some Sales & Service workers and some Clerical, assistants & technical support. Greenwich has many hedge funds and financial services companies which adds to the large demand for office space |
| LANGUAGES | Mostly English speaking, some Spanish speaking, some French speaking and some Italian speaking |
