Menlo Park median real estate prices are $522,351, which is more expensive than 83.8% of the neighborhoods in New Jersey and 92.4% of the neighborhoods in the U.S.

Average rental prices in Menlo Park are currently $945, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 83.5% of New Jersey neighborhoods.

Menlo Park is an urban neighborhood (based on population density) located in Edison, New Jersey.

Menlo Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Menlo Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1994.

In Menlo Park, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 93.2% of all neighborhoods in the U.S. This means that the housing supply in Menlo Park is very tight compared to the demand for property here.

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 Edison, the Menlo Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Did you know that the Menlo Park neighborhood has more Asian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 52.0% of this neighborhood's residents have Asian ancestry and 1.1% have Eastern European ancestry.

Menlo Park is also pretty special linguistically. Significantly, 22.0% of its residents five years old and above primarily speak Gujarati, which is native to the Indian state of Gujarat, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Menlo Park neighborhood has a greater percentage of residents born in another country (55.1%) than are found in 98.8% of all U.S. neighborhoods.

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 Menlo Park neighborhood in Edison 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 90.8% of the neighborhoods in America. With 9.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.1% 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 Menlo Park neighborhood, 47.1% 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 19.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.3%), and 13.7% in manufacturing and laborer occupations.

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 Menlo Park neighborhood in Edison, NJ, residents most commonly identify their ethnicity or ancestry as Asian (52.0%). There are also a number of people of Italian ancestry (8.6%) , and residents who report Irish roots (6.7%) , and some of the residents are also of German ancestry (5.8%) , along with some Polish ancestry residents (5.1%), among others. In addition, 55.1% of the residents of this neighborhood were born in another country.

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 Menlo Park neighborhood is English, spoken by 37.1% of households. Other important languages spoken here include South Asian languages, Gujarati (native to the Indian state of Gujarat), Hindi (which is the official language of India) and Chinese.

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 Menlo Park neighborhood spend between 15 and 30 minutes commuting one-way to work (35.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.0%) 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 (15.6%) and 12.0% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.