Kimseytown / Town Bank median real estate price is $383,227, which is more expensive than 31.7% of the neighborhoods in New Jersey and 59.6% of the neighborhoods in the U.S.
The average rental price in Kimseytown / Town Bank is currently $3,098, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of New Jersey neighborhoods.
Kimseytown / Town Bank is a suburban neighborhood (based on population density) located in Cape May, New Jersey.
Kimseytown / Town Bank real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Kimseytown / Town Bank neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Kimseytown / Town Bank. The current real estate vacancy rate here is 17.2%. This is higher than the rate of vacancies in 81.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (15.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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 Cape May, the Kimseytown / Town Bank neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
For many reasons, Kimseytown / Town Bank is rated by NeighborhoodScout as one of the top 4.2% of ideal neighborhoods for first-time home buyers in the state of New Jersey. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other NJ neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.
Did you know that the Kimseytown / Town Bank neighborhood has more Danish and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.3% of this neighborhood's residents have Danish ancestry and 27.3% have Irish ancestry.
Kimseytown / Town Bank is also pretty special linguistically. Significantly, 11.9% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.6% 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 Kimseytown / Town Bank neighborhood in Cape May are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.4% of the neighborhoods in America. With 12.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.4% 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 Kimseytown / Town Bank neighborhood, 36.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 16.5% in clerical, assistant, and tech support 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 Kimseytown / Town Bank neighborhood is English, spoken by 91.3% of households. Other important languages spoken here include Italian and Spanish.
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 Kimseytown / Town Bank neighborhood in Cape May, NJ, residents most commonly identify their ethnicity or ancestry as Irish (27.3%). There are also a number of people of Italian ancestry (17.3%), and residents who report English roots (14.2%), and some of the residents are also of German ancestry (13.1%), along with some Polish ancestry residents (5.9%), among others.
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 Kimseytown / Town Bank neighborhood spend between 15 and 30 minutes commuting one-way to work (45.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.4%) 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 (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.