Real Estate Prices and Overview
Radburn median real estate prices are $446,747, which is more expensive than 85.2% of the neighborhoods
in New Jersey and 90.3% of the
neighborhoods in the U.S.
Average rental prices in Radburn are currently
$1,116, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 43.4% of New Jersey neighborhoods.
Radburn is an urban neighborhood (based on population
density) located in Fair Lawn, New Jersey.
Radburn real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the Radburn neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Radburn, the current vacancy rate is 1.5%,
which is a lower rate of vacancies than 93.9% of all neighborhoods
in the U.S. This means that the housing supply in Radburn
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
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
Notable & Unique: Diversity
Did you know that the Radburn neighborhood has more
Eastern European and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 5.0% of
this neighborhood's residents have Eastern European ancestry and 18.1% have Russian ancestry.
Radburn is also pretty special linguistically. Significantly, 27.9% of its residents five years old and above primarily
speak Russian at home. While this may seem like a small percentage, it is higher
than 99.9% of the neighborhoods in America.
Notable & Unique: People
If you're a regular supporter of the arts and enjoy outings to the
theatre, weekend boutique-ing, or even a finely aged wine with dinner,
than you're in good company with the people of the Radburn
neighborhood. This neighborhood is uniquely immersed with more "urban
sophisticates" than 99.3% of neighborhoods across the
country. The people here truly stand out as a class among their own.
They are an exclusive community characterized by refined tastes,
cultural inclinations, and the means to live well. Urban sophisticates
live a big city lifestyle, whether or not they live in or near a big
city. They are educated executives or managers by week, and serial
patrons of the arts by weekend. If this lifestyle pertains to you,
than you'll certainly feel right at home in the Radburn
In addition to being an excellent choice for urban sophisticates, this
neighborhood is also a very good choice for active retirees and highly educated executives.
In addition, do you like to read, write, and learn? Are you curious about the world? If
so, this neighborhood may be a good fit for you. NeighborhoodScout's research
revealed that a full 69.3% of the adults living in the
Radburn neighborhood have earned at least a bachelor's
degree. This is a higher rate than NeighborhoodScout found in 96.5%
of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, wealth makes most things in life easier, and a few things harder.
If you are wealthy and enjoy keeping up with the Jones', this neighborhood
will interest you. In fact, according to NeighborhoodScout's research,
the Radburn neighborhood is wealthier than 95.2%
of the neighborhoods in the United States. Residents here are truly in
a unique situation even when compared to other Americans, based on the
shear amount of wealth concentrated here. Even in times of economic
downturn, residents of this neighborhood, as a group, suffered less
and recovered more quickly. This is indeed a stand-out characteristic
of this neighborhood.
Notable & Unique: Occupations
Executives, managers and professionals make up 65.0% of the workforce
in the Radburn neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 96.5% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
The Neighbors: Income
There are two complimentary 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 Radburn neighborhood in Fair Lawn 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 95.2% of the neighborhoods in America.
In addition, 1.7% 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 85.9%
of America's neighborhoods.
The Neighbors: Occupations
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 Radburn neighborhood, 65.0%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 12.9% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(12.7%), and 9.4% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
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 Radburn neighborhood in Fair Lawn, NJ, residents
most commonly identify their ethnicity or ancestry as Russian
(18.1%). There are also a number of people of Ukrainian ancestry (7.9%) , and residents who report Asian roots (5.9%) , and some of the residents are also of Italian ancestry (5.8%) , along with some German ancestry residents (5.4%), among others. In addition, 41.2% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
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 Radburn
neighborhood is English, spoken by 46.5% of households. Other important languages spoken here include Russian, Hebrew, Spanish and South Asian languages.
Getting to Work
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 Radburn neighborhood spend
between 15 and 30 minutes commuting one-way to work (33.5% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (73.4%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (10.7%) and 9.4% 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.