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Real Estate Prices & Overview

Pyne Point median real estate price is $67,255, which is less expensive than 99.7% of New Jersey neighborhoods and 97.8% of all U.S. neighborhoods.

The average rental price in Pyne Point is currently $966, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of New Jersey neighborhoods.

Pyne Point is a densely urban neighborhood (based on population density) located in Camden, New Jersey.

Pyne Point 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 Pyne Point neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Pyne Point has a 9.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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 Pyne Point neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

One of the unique characteristics of the Pyne Point neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.5% of the neighborhoods in America. Also of note, 68.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, the Pyne Point neighborhood is unique for having just 4.1% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.0% of America's neighborhoods.

Also, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Pyne Point neighborhood has more single mother households than 95.3% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Real Estate

If you love row houses and attached homes, you will probably really like the Pyne Point neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 43.9% of the residential real estate here is classified as row houses and attached homes.

Occupations

NeighborhoodScout's exclusive research identifies the Pyne Point neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 44.0% of its working residents employed in such fields, which is a higher proportion than 96.9% of American neighborhoods.

Furthermore, from major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Pyne Point neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.2% of all American neighborhoods.

Modes of Transportation

In the Pyne Point neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 24.0% of commuters carpool here, which is more than in 96.1% of all U.S. neighborhoods.

Diversity

Did you know that the Pyne Point neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.2% of this neighborhood's residents have Puerto Rican ancestry and 13.8% have Dominican ancestry.

Pyne Point is also pretty special linguistically. Significantly, 66.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.

The Neighbors

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 Pyne Point 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 99.5% of U.S. neighborhoods. With 68.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.3% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Pyne Point neighborhood, 44.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 38.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.7%), and 8.1% in executive, management, and professional occupations.

Languages

The most common language spoken in the Pyne Point neighborhood is Spanish, spoken by 66.0% of households. Some people also speak English (33.8%).

Ethnicity / Ancestry

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 Pyne Point neighborhood in Camden, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (43.2%). There are also a number of people of Dominican ancestry (13.8%), and residents who report Mexican roots (2.1%), and some of the residents are also of Italian ancestry (1.8%), along with some South American ancestry residents (1.6%), among others. In addition, 15.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Pyne Point neighborhood spend under 15 minutes commuting one-way to work (43.6% of working residents), one of the shortest commutes across America.

Here most residents (58.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.0%) and 5.4% 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.

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