South Lakewood median real estate price is $686,719, which is more expensive than 63.5% of the neighborhoods in New Jersey and 79.0% of the neighborhoods in the U.S.
The average rental price in South Lakewood is currently $3,495, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.9% of New Jersey neighborhoods.
South Lakewood is a suburban neighborhood (based on population density) located in Lakewood, New Jersey.
South Lakewood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the South Lakewood neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
South Lakewood has a 14.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.5% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.3%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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 Lakewood, the South Lakewood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the South Lakewood neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 44.2% of commuters carpool here, which is more than in 99.9% of all U.S. neighborhoods.
Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the South Lakewood neighborhood may actually hold the key. 71.6% of its residents are married, which is a higher percentage than is found in 97.6% of the neighborhoods in America.
In addition, if you're nearing retirement age, or in retirement, the South Lakewood is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 7.5% of retiree-friendly neighborhoods in New Jersey, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New Jersey.
Did you know that the South Lakewood neighborhood has more Austrian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Austrian ancestry and 4.2% have Romanian ancestry.
South Lakewood is also pretty special linguistically. Significantly, 18.7% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.8% 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 South Lakewood neighborhood in Lakewood are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.7% of the neighborhoods in America. With 37.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.2% 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 South Lakewood neighborhood, 42.0% 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 26.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.5%), and 11.9% in manufacturing and laborer occupations.
The most common language spoken in the South Lakewood neighborhood is English, spoken by 75.3% of households. Some people also speak German/Yiddish (18.7%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the South Lakewood neighborhood in Lakewood, NJ, residents most commonly identify their ethnicity or ancestry as Polish (15.7%). There are also a number of people of German ancestry (10.1%), and residents who report Italian roots (7.8%), and some of the residents are also of Hungarian ancestry (5.6%), along with some Irish ancestry residents (5.1%), among others.
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 South Lakewood neighborhood spend between 15 and 30 minutes commuting one-way to work (31.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (44.2%) carpool with coworkers, friends, or neighbors to get to work. In addition, quite a number also drive alone in a private automobile to get to work (41.3%) . Despite relying on the automobile to get to work, residents of this neighborhood share the ride more than most neighborhoods, reducing traffic, pollution, and saving money.