The Preserve at Matawan / Green and White Village median real estate price is $492,966, which is more expensive than 56.2% of the neighborhoods in New Jersey and 72.4% of the neighborhoods in the U.S.
The average rental price in The Preserve at Matawan / Green and White Village is currently $3,070, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.0% of the neighborhoods in New Jersey.
The Preserve at Matawan / Green and White Village is a suburban neighborhood (based on population density) located in Matawan, New Jersey.
The Preserve at Matawan / Green and White Village 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 The Preserve at Matawan / Green and White Village neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In The Preserve at Matawan / Green and White Village, the current vacancy rate is 1.1%, which is a lower rate of vacancies than 91.6% of all neighborhoods in the U.S. This means that the housing supply in The Preserve at Matawan / Green and White Village is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Did you know that the The Preserve at Matawan / Green and White Village neighborhood has more Italian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.5% of this neighborhood's residents have Italian ancestry and 0.9% have Yugoslav ancestry.
The Preserve at Matawan / Green and White Village is also pretty special linguistically. Significantly, 1.4% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.3% 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 The Preserve at Matawan / Green and White Village neighborhood in Matawan 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 91.3% of the neighborhoods in America. With 17.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% of U.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 The Preserve at Matawan / Green and White Village neighborhood, 51.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.2%), and 13.6% 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 The Preserve at Matawan / Green and White Village neighborhood is English, spoken by 84.7% of households. Other important languages spoken here include Spanish and Langs. of India.
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 The Preserve at Matawan / Green and White Village neighborhood in Matawan, NJ, residents most commonly identify their ethnicity or ancestry as Italian (23.5%). There are also a number of people of Irish ancestry (20.2%), and residents who report Polish roots (9.0%), and some of the residents are also of German ancestry (7.6%), along with some Puerto Rican ancestry residents (6.3%), among others. In addition, 10.7% of the residents of this neighborhood were born in another country.
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 The Preserve at Matawan / Green and White Village neighborhood spend between 45 minutes and one hour commuting one-way to work (25.5% of working residents), longer and tougher than most commutes in America.
Here most residents (57.3%) 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 (13.8%) and 6.7% of residents also ride the bus 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.