Oaklyn Manor / Borough Center median real estate price is $357,581, which is less expensive than 84.7% of New Jersey neighborhoods and 52.1% of all U.S. neighborhoods.
The average rental price in Oaklyn Manor / Borough Center is currently $3,231, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.5% of New Jersey neighborhoods.
Oaklyn Manor / Borough Center is an urban neighborhood (based on population density) located in Oaklyn, New Jersey.
Oaklyn Manor / 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 small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Oaklyn Manor / Borough Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Oaklyn Manor / 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 Oaklyn Manor / Borough Center is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
With a real estate vacancy rate of only 0.0%, the Oaklyn Manor / Borough Center neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
Did you know that the Oaklyn Manor / Borough Center neighborhood has more Irish and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.3% of this neighborhood's residents have Irish ancestry and 8.1% have Ukrainian ancestry.
Oaklyn Manor / Borough Center is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.
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 Oaklyn Manor / Borough Center neighborhood in Oaklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 78.9% of the neighborhoods in America. In addition, 8.8% 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 52.9% of America'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 Oaklyn Manor / Borough Center neighborhood, 55.3% 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 17.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.7%), and 12.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Oaklyn Manor / Borough Center neighborhood is English, spoken by 97.6% of households. Some people also speak Polish (9.3%).
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 Oaklyn Manor / Borough Center neighborhood in Oaklyn, NJ, residents most commonly identify their ethnicity or ancestry as Irish (40.3%). There are also a number of people of Italian ancestry (21.0%), and residents who report German roots (16.3%), and some of the residents are also of English ancestry (15.1%), along with some Polish ancestry residents (14.1%), among others.
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 Oaklyn Manor / Borough Center neighborhood spend between 15 and 30 minutes commuting one-way to work (40.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.3%) 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.