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Real Estate Prices & Overview

Island Woods / Mallard Island median real estate price is $658,198, which is more expensive than 67.4% of the neighborhoods in New Jersey and 78.6% of the neighborhoods in the U.S.

The average rental price in Island Woods / Mallard Island is currently $3,037, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.3% of New Jersey neighborhoods.

Island Woods / Mallard Island is a rural neighborhood (based on population density) located in Manahawkin, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Island Woods / Mallard Island 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 Island Woods / Mallard Island 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.

Island Woods / Mallard Island has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.5% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (12.5%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

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 Manahawkin, the Island Woods / Mallard Island neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Island Woods / Mallard Island is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Island Woods / Mallard Island is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

In a nation where 1 out of every 4 children lives in poverty, the Island Woods / Mallard Island neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Diversity

Did you know that the Island Woods / Mallard Island neighborhood has more Italian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.3% of this neighborhood's residents have Italian ancestry and 2.4% have Greek ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Island Woods / Mallard Island neighborhood in Manahawkin are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 76.7% 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.

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 Island Woods / Mallard Island neighborhood, 42.0% 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 30.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.5%), and 10.8% in clerical, assistant, and tech support occupations.

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 Island Woods / Mallard Island neighborhood is English, spoken by 91.2% of households. Other important languages spoken here include Spanish and Polish.

Ethnicity / Ancestry

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 Island Woods / Mallard Island neighborhood in Manahawkin, NJ, residents most commonly identify their ethnicity or ancestry as Italian (27.3%). There are also a number of people of Irish ancestry (24.1%), and residents who report German roots (17.8%), and some of the residents are also of English ancestry (16.9%), along with some Polish ancestry residents (8.2%), among others.

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 Island Woods / Mallard Island neighborhood spend between 15 and 30 minutes commuting one-way to work (38.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (80.7%) 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 (10.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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