Central Waterfront / Rutgers University Camden median real estate price is $295,193, which is less expensive than 92.0% of New Jersey neighborhoods and 63.5% of all U.S. neighborhoods.
The average rental price in Central Waterfront / Rutgers University Camden is currently $2,724, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 77.6% of New Jersey neighborhoods.
Central Waterfront / Rutgers University Camden is a suburban neighborhood (based on population density) located in Camden, New Jersey.
Central Waterfront / Rutgers University Camden real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Central Waterfront / Rutgers University Camden neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 2000 and the present.
Home and apartment vacancy rates are 8.5% in Central Waterfront / Rutgers University Camden. NeighborhoodScout analysis shows that this rate is lower than 43.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Camden, the Central Waterfront / Rutgers University Camden neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Central Waterfront / Rutgers University Camden neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, neighborhoodScout's analysis shows that the Central Waterfront / Rutgers University Camden neighborhood has a greater concentration of residents currently enrolled in college than 98.8% of the neighborhoods in the U.S. With 34.2% of the population here attending college, this is very much a college-focused neighborhood.
Also, one of the most interesting things about the Central Waterfront / Rutgers University Camden neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.2% of the neighborhoods in America.
88.5% of the real estate in the Central Waterfront / Rutgers University Camden neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Central Waterfront / Rutgers University Camden neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, the real estate in the Central Waterfront / Rutgers University Camden neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 71.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.3% of American neighborhoods.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Central Waterfront / Rutgers University Camden neighborhood. In the Central Waterfront / Rutgers University Camden neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.3% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Central Waterfront / Rutgers University Camden neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Haitian ancestry.
Central Waterfront / Rutgers University Camden is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 95.2% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Central Waterfront / Rutgers University Camden neighborhood in Camden are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.3% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Central Waterfront / Rutgers University Camden neighborhood, 56.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 17.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.5%), and 9.9% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Central Waterfront / Rutgers University Camden neighborhood is English, spoken by 82.5% of households. Some people also speak Spanish (11.2%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Central Waterfront / Rutgers University Camden neighborhood in Camden, NJ, residents most commonly identify their ethnicity or ancestry as Irish (12.9%). There are also a number of people of German ancestry (10.2%), and residents who report Puerto Rican roots (6.8%), and some of the residents are also of Polish ancestry (6.7%), along with some Italian ancestry residents (6.2%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Central Waterfront / Rutgers University Camden neighborhood spend between 15 and 30 minutes commuting one-way to work (63.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (9.4%) and 7.7% of residents also take the train 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.