Real Estate Prices and Overview
Burlington Pike / Riverton Rd median real estate prices are $219,440, which is less expensive than 75.6% of New Jersey neighborhoods
and 34.5% of all U.S. neighborhoods.
Average rental prices in Burlington Pike / Riverton Rd are currently
$1,536, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.0%
of the neighborhoods in New Jersey.
Burlington Pike / Riverton Rd is a suburban neighborhood (based on population
density) located in Riverton, New Jersey.
Burlington Pike / Riverton Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the Burlington Pike / Riverton Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Burlington Pike / Riverton Rd, the current vacancy rate is 3.6%,
which is a lower rate of vacancies than 84.4% of all neighborhoods
in the U.S. This means that the housing supply in Burlington Pike / Riverton Rd
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
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 Riverton,
the Burlington Pike / Riverton Rd neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Burlington Pike / Riverton Rd neighborhood has more
Portuguese and Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.7% of
this neighborhood's residents have Portuguese ancestry and 16.6% have Irish ancestry.
Burlington Pike / Riverton Rd is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 96.0% of the neighborhoods in America.
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 Burlington Pike / Riverton Rd neighborhood in Riverton are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 70.9% of the neighborhoods in America.
In addition, 7.5% 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 68.9%
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 Burlington Pike / Riverton Rd neighborhood, 44.3%
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 25.8% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(16.3%), and 13.6% in clerical, assistant, and tech support 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 Burlington Pike / Riverton Rd neighborhood in Riverton, NJ, residents
most commonly identify their ethnicity or ancestry as Irish
(16.6%). There are also a number of people of German ancestry (14.8%) , and residents who report Italian roots (12.5%) , and some of the residents are also of Polish ancestry (4.8%) , along with some English ancestry residents (4.6%), among others. In addition, 11.0% 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 Burlington Pike / Riverton Rd
neighborhood is English, spoken by 85.2% of households. Other important languages spoken here include Spanish and South Asian languages.
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 Burlington Pike / Riverton Rd neighborhood spend
between 15 and 30 minutes commuting one-way to work (38.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (82.3%) 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 (10.5%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.