The Beautiful Northeast

The Benefits of Relocating to the Northeast

Moving to the Northeastern states brings with it a range of possibilities and opportunities found nowhere else in the nation. The 11 states that comprise the Northeast are Connecticut, Delaware, Vermont, Rhode Island, Pennsylvania, Maine, Massachusetts, Maryland, New Hampshire, New Jersey, and New York.

This region of the nation is not only where you can find New York City, Washington D.C., Boston, and more of our countries most famous cities, it is also the most forested part of the country and is the location of all 8 of the Ivy League Universities. The likelihood of natural disasters such as tornadoes and earthquakes is extremely low, and a steady supply of locally grown lobster can keep anyone happy year round.

Northeastern Crime Rates

Based on the FBI’s Uniform Crime Reporting statistics, in 2019 the entire Northeastern region saw a violent crime rate of 292.4 incidents per 100,000 people. This violent crime rate sits much lower than the national average of 379.4 incidents per 100,000 and it is in fact the lowest rate out of all regions in the USA.

Out of the 11 Northeastern states, Maine holds the title of the least violent, with a crime rate of 115.2 incidents per 100,000 people. It is well known that people living in Maine, as well as in the rest of the Northeast, can enjoy high levels of safety than other areas of the country.

The northeast also enjoys a higher level of neighborhood safety in general, having the second lowest overall robbery crime rate of any region, second only to the Midwest. The Northeast’s robbery crime rate in 2019 was 71.6 incidents per 100,000 versus the national average of 81.6. Vermont takes first place with a robbery rate of 11.4 per 100,000, the second lowest in the entire country, with Maine right behind with a rate of 14 per 100,000.

Demographics

Based on census information, people living in the Northeast have an average median age of 40 years, which sits a little higher than the national average of 38 years. 18% of the population is 65 or over which again is higher than the national average.

The median household income in the Northeast is 10% higher than the national average too, sitting at $73,145, although the per capita income rate for the region ($41,364) is 20% higher than the national average.

Real Estate

The Northeastern region has some of the country’s fastest-moving real estate markets, with 5 of these states landing in the top 10 fastest moving real estate markets in the country. On average, these markets sell properties in just 18 days, so you should stay in the loop by checking out Lennar Corp. who has some of the best listings and local industry knowledge around.

In terms of housing, vacancies almost exactly match the national average of 11%, meaning that it is possible to locate and secure quality housing for singles, couples, or families.

Approximately 38% of properties in the Northeast are multi-unit structures, which is much higher than the national 27%. This means that apartment complexes are more common in these areas than other parts of the nation, but single unit properties still makeup 60% of the real estate market, so anyone moving to the Northeast will have plenty of options to choose from whether they are looking for a town house or an apartment.

This part of the country also has an average house price of $287,500 which is 20% higher than the national average, although this is reflected in the much more modern and upper market real-estate options across the 11 states.