Real Estate Prices and Overview
Median real estate prices in the Town Center of Lawrence Township are $352,143, which is more expensive than 71.3% of the neighborhoods
in New Jersey and 83.5% of the
neighborhoods in the U.S.
Average rental prices in Lawrence Township Town Center are currently
$1,427, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.9%
of the neighborhoods in New Jersey.
Lawrence Township Town Center is a suburban neighborhood (based on population
density) located in Lawrence Township, New Jersey.
Real estate in the Town Center of Lawrence Township, NJ is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes.
Most of the residential real estate is owner occupied. Many of
the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 7.7% in Lawrence Township
Town Center. NeighborhoodScout analysis shows that this rate is lower
than 59.5% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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: People
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 Lawrence Township Town Center neighborhood is wealthier than 96.6%
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.
As one would expect in a considerably wealthy neighborhood such as this,
Lawrence Township Town Center also has one of the lowest ratings of child
poverty in the nation.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Lawrence Township Town Center neighborhood, where 36.2% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 97.5%
of the neighborhoods in America.
Also, if you're nearing retirement age, or in retirement, the Lawrence Township
Town Center neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 7.3% of retiree-friendly
neighborhoods in New Jersey, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in New Jersey.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for urban sophisticates and highly educated executives.
Notable & Unique: Diversity
Did you know that the Lawrence Township Town Center neighborhood has more
Eastern European ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.4% of
this neighborhood's residents have Eastern European ancestry.
Lawrence Township Town Center is also pretty special linguistically. Significantly, 2.3% 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 98.2% of the neighborhoods in America.
Notable & Unique: Occupations
Executives, managers and professionals make up 63.3% of the workforce
in the Lawrence Township Town Center neighborhood which, according to
NeighborhoodScout's exclusive analysis, is a higher proportion of such
high-level people than is found in 95.6% of the neighborhoods
in America. For this reason, this neighborhood really stands out as unique.
Notable & Unique: Real Estate
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Lawrence Township Town Center neighborhood could be your paradise. With 37.6% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 2.2% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
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 Town Center neighborhood in Lawrence Township 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 96.6% of the neighborhoods in America.
In addition, 0.0% 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 99.9%
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 Lawrence Township Town Center neighborhood, 63.3%
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 20.0% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(12.6%), and 6.0% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
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 Town Center neighborhood in Lawrence Township, NJ, residents
most commonly identify their ethnicity or ancestry as Italian
(11.7%). There are also a number of people of Irish ancestry (10.5%) , and residents who report Asian roots (8.9%) , and some of the residents are also of German ancestry (8.5%) , along with some English ancestry residents (8.1%), among others. In addition, 16.0% 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 Lawrence Township Town Center
neighborhood is English, spoken by 80.5% of households. Other important languages spoken here include Spanish, Chinese and Polish.
Getting to Work
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 Lawrence Township Town Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (43.9% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (84.8%) 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 (7.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.