Regency Heights / Borough Center median real estate price is $593,987, which is more expensive than 48.0% of the neighborhoods in New Jersey and 72.2% of the neighborhoods in the U.S.
The average rental price in Regency Heights / Borough Center is currently $2,665, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.5% of New Jersey neighborhoods.
Regency Heights / Borough Center is a suburban neighborhood (based on population density) located in Middlesex, New Jersey.
Regency Heights / Borough Center real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Regency Heights / Borough Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Regency Heights / Borough Center, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Regency Heights / Borough Center is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Regency Heights / Borough Center neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Did you know that the Regency Heights / Borough Center neighborhood has more Arab and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Arab ancestry and 10.4% have South American ancestry.
Regency Heights / Borough Center is also pretty special linguistically. Significantly, 4.7% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.
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 Regency Heights / Borough Center neighborhood. What is interesting to note, is that the Regency Heights / Borough Center neighborhood has a greater percentage of residents born in another country (43.1%) than are found in 95.1% of all U.S. neighborhoods.
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 Regency Heights / Borough Center neighborhood in Middlesex are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.1% of the neighborhoods in America. With 20.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.4% of U.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 Regency Heights / Borough Center neighborhood, 48.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 19.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.0%), and 13.5% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Regency Heights / Borough Center neighborhood is English, spoken by 45.1% of households. Other important languages spoken here include Spanish, Vietnamese and Arabic.
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 Regency Heights / Borough Center neighborhood in Middlesex, NJ, residents most commonly identify their ethnicity or ancestry as Asian (23.5%). There are also a number of people of Italian ancestry (13.8%), and residents who report South American roots (10.4%), and some of the residents are also of Irish ancestry (8.9%), along with some Puerto Rican ancestry residents (7.2%), among others. In addition, 43.1% of the residents of this neighborhood were born in another country.
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 Regency Heights / Borough Center neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (77.3%) 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 (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.