– Until the early 2000’s, South Boston (or Southie, as locals call it) was a largely Irish working-class neighborhood. According to the city of Boston website, Southie residents found work on the South Boston waterfront, or in factories such as Gillette, which still employ local residents. Parts of the neighborhood were heavily industrial, with businesses including ironworks and glass-works…
– South Boston is now one of the most gentrified neighborhoods in Boston. Websites that monitor home sales show that as of April 30, 2018…the median home value in South Boston was $698K, an 8% increase over the last 2 years.
South Boston’s median listing price per square foot is $789. For Boston it’s $707.
The median price of listed homes is $899K. For Boston that’s $758K.
The median rent price is $3100; for Boston it is $2700.
Median income (2016) $86K
– In the Fort Point/South Boston area (tract 612), home prices rose 89 percent, the population just about doubled, and the percentage of adults with bachelors degrees increased from around 30 percent to 70 percent. (Boston.com)
South Boston is:
Now a very highly desirable residential neighborhood (2018).
Located on the waterfront, walking distance from downtown Boston
Leading gentrification with the new waterfront development: The Seaport District – one of the most exclusive, least diverse sections of the city.
Home to Carson beach, one of the top beaches in the state.
Home to Castle Island/Fort Independence. When the British evacuated Boston in 1776, they destroyed the island’s fortifications, which were later repaired under the command of (yes, the) Lt. Paul Revere.
Home to the nation’s first Viet Nam War Memorial (1981) is located at Medal of Honor Park (established 1897).
Home to Boston’s Irish St Patrick’s Day Breakfast and Parade.
Served by 4 Red Line subway stops, 2 Commuter Rail stops, Boston’s main bus/train terminal at South Station and various public/private transit buses.
South Boston has a very high density of public housing tenants; there are 3 elderly/disabled housing developments and 3 family developments.