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    Glen Rock, NJ (Borough Center / Ridgewood Junction)





    Real Estate Prices & Overview

    Borough Center / Ridgewood Junction median real estate price is $1,062,662, which is more expensive than 88.0% of the neighborhoods in New Jersey and 91.1% of the neighborhoods in the U.S.

    The average rental price in Borough Center / Ridgewood Junction is currently $3,711, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.8% of the neighborhoods in New Jersey.

    Borough Center / Ridgewood Junction is a suburban neighborhood (based on population density) located in Glen Rock, New Jersey.

    Borough Center / Ridgewood Junction real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Borough Center / Ridgewood Junction 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 1940 and 1969.

    Real estate vacancies in Borough Center / Ridgewood Junction are 3.6%, which is lower than one will find in 75.2% of American neighborhoods. Demand for real estate in Borough Center / Ridgewood Junction is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

    Notable & Unique Neighborhood Characteristics

    The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

    People

    Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Borough Center / Ridgewood Junction neighborhood is wealthier than 96.9% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer 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 stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Borough Center / Ridgewood Junction also has one of the lowest ratings of child poverty in the nation.

    In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Borough Center / Ridgewood Junction neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.5% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Borough Center / Ridgewood Junction neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for families with school-aged children and highly educated executives.

    Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Borough Center / Ridgewood Junction neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

    Occupations

    The Borough Center / Ridgewood Junction neighborhood stands out nationally for having a greater proportion of its residents active in the military than 98.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

    Modes of Transportation

    A unique way of commuting is simply not to. And in the Borough Center / Ridgewood Junction neighborhood, analysis shows that 32.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 96.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

    Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.6% of the Borough Center / Ridgewood Junction neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.3% of America's neighborhoods.

    Diversity

    Did you know that the Borough Center / Ridgewood Junction neighborhood has more Croatian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Croatian ancestry and 3.2% have Eastern European ancestry.

    Borough Center / Ridgewood Junction is also pretty special linguistically. Significantly, 0.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 96.0% of the neighborhoods in America.

    The Neighbors

    There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

    The neighbors in the Borough Center / Ridgewood Junction neighborhood in Glen Rock are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.9% of the neighborhoods in America. 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.

    The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

    In the Borough Center / Ridgewood Junction neighborhood, 64.8% of the working population is employed in executive, management, and professional 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 17.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.0%), and 6.4% in clerical, assistant, and tech support occupations.

    Languages

    The most common language spoken in the Borough Center / Ridgewood Junction neighborhood is English, spoken by 82.8% of households. Some people also speak Spanish (3.8%).

    Ethnicity / Ancestry

    Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

    In the Borough Center / Ridgewood Junction neighborhood in Glen Rock, NJ, residents most commonly identify their ethnicity or ancestry as Irish (18.8%). There are also a number of people of Italian ancestry (14.6%), and residents who report German roots (8.4%), and some of the residents are also of Asian ancestry (7.6%), along with some Polish ancestry residents (6.6%), 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 Borough Center / Ridgewood Junction neighborhood spend between 45 minutes and one hour commuting one-way to work (27.1% of working residents), longer and tougher than most commutes in America.

    Here most residents (49.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.6%) . 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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