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640 Vital Statistics. 35 Condition Alerts found.
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Mine Brook median real estate price is $911,109, which is more expensive than 96.3% of the neighborhoods in New Jersey and 95.4% of the neighborhoods in the U.S.
The average rental price in Mine Brook is currently $4,981, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.4% of the neighborhoods in New Jersey.
Mine Brook is a suburban neighborhood (based on population density) located in Basking Ridge, New Jersey.
Mine Brook real estate 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 Mine Brook neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Mine Brook are 4.6%, which is lower than one will find in 76.8% of American neighborhoods. Demand for real estate in Mine Brook is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Basking Ridge, the Mine Brook neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Mine Brook neighborhood is wealthier than 99.8% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer 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, Mine Brook 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 Mine Brook neighborhood, where 48.4% 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 99.3% of the neighborhoods in America.
Also, the Mine Brook neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.2% of New Jersey neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mine Brook neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.3% of all neighborhoods in America.
The Mine Brook neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.2% of the neighborhoods in America. In fact, 69.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
If you love row houses and attached homes, you will probably really like the Mine Brook neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 30.1% of the residential real estate here is classified as row houses and attached homes.
In addition, one way that the Mine Brook neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Did you know that the Mine Brook neighborhood has more Iranian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Iranian ancestry and 33.1% have Asian ancestry.
Mine Brook is also pretty special linguistically. Significantly, 14.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.8% 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 Mine Brook neighborhood in Basking Ridge 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 99.8% 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 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Mine Brook neighborhood, 69.3% 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 21.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.9%), and 4.6% in manufacturing and laborer occupations.
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 Mine Brook neighborhood is English, spoken by 61.0% of households. Other important languages spoken here include Chinese, Langs. of India, Korean and Spanish.
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 Mine Brook neighborhood in Basking Ridge, NJ, residents most commonly identify their ethnicity or ancestry as Asian (33.1%). There are also a number of people of Italian ancestry (13.6%), and residents who report German roots (11.0%), and some of the residents are also of Irish ancestry (10.8%), along with some Polish ancestry residents (5.6%), among others. In addition, 32.5% of the residents of this neighborhood were born in another country.
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 Mine Brook neighborhood spend between 15 and 30 minutes commuting one-way to work (30.5% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.8%) who commute over an hour in each direction.
Here most residents (81.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (5.7%) and 5.5% 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
44 Vital Statistics. 6 Condition Alerts found.
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated July 2020.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more
136 Vital Statistics. 2 Condition Alerts found.
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2018 calendar year; released from FBI in Sept. 2019 (latest available). Updated annually. Where is 2019 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more
67 Vital Statistics. 6 Condition Alerts found.
| Crime | |
|---|---|
| Mine Brook | 0.101011101001110 |
| Basking Ridge | 0.101011101001110 |
| New Jersey | 2.08 |
| Crime | |
|---|---|
| Mine Brook | 0.101011101001110 |
| Basking Ridge | 0.101011101001110 |
| New Jersey | 14.05 |
| Crime | |
|---|---|
| Mine Brook | 0.101011101001110 |
| Basking Ridge | 0.101011101001110 |
| New Jersey | 59 |
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more
65 Vital Statistics. 9 Condition Alerts found.
| Discipline | District | State |
|---|---|---|
| Proficiency in Reading and Math | 0.101011101001110 | 0.101011101001110 |
| Proficiency in Reading | 0.101011101001110 | 0.101011101001110 |
| Proficiency in Math | 0.101011101001110 | 0.101011101001110 |
| School Details | Grades | Quality Rating Compared to NJ* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Cedar Hill School
100 Peachtree Road Basking Ridge, NJ 07920 |
KG-05 | ||
|
Liberty Corner School
61 Church Street Liberty Corner, NJ 07938 |
KG-05 | ||
|
Mount Prospect Elementary School
111 Hansom Road Basking Ridge, NJ 07920 |
PK-05 | ||
|
Oak Street School
70 West Oak Street Basking Ridge, NJ 07920 |
KG-05 | ||
|
Ridge High School
268 South Finley Avenue Basking Ridge, NJ 07920 |
09-12 | ||
|
William Annin Middle School
70 Quincy Road Basking Ridge, NJ 07920 |
06-08 | ||
| * 10 is highest | |||
Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
328 Vital Statistics. 12 Condition Alerts found.
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