Terrace East median real estate price is $337,113, which is less expensive than 86.0% of New Jersey neighborhoods and 53.9% of all U.S. neighborhoods.
The average rental price in Terrace East is currently $2,094, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.6% of New Jersey neighborhoods.
Terrace East is a suburban neighborhood (based on population density) located in Vineland, New Jersey.
Terrace East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Terrace East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Terrace East has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.0% 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.
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.
Did you know that the Terrace East neighborhood has more Puerto Rican and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.1% of this neighborhood's residents have Puerto Rican ancestry and 3.1% have Ukrainian ancestry.
Terrace East is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 95.0% 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 Terrace East neighborhood in Vineland are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.8% of U.S. neighborhoods. With 13.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.4% 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 Terrace East neighborhood, 44.1% 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 30.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.2%), and 12.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Terrace East neighborhood is English, spoken by 70.8% of households. Some people also speak Spanish (19.5%).
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 Terrace East neighborhood in Vineland, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (25.1%). There are also a number of people of Italian ancestry (20.4%), and residents who report German roots (13.6%), and some of the residents are also of Irish ancestry (8.7%), along with some English ancestry residents (5.2%), 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 Terrace East neighborhood spend under 15 minutes commuting one-way to work (36.3% of working residents), one of the shortest commutes across America.
Here most residents (81.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.