Morris Plains North median real estate price is $389,664, which is more expensive than 33.5% of the neighborhoods in New Jersey and 50.3% of the neighborhoods in the U.S.
The average rental price in Morris Plains North is currently $4,806, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.0% of the neighborhoods in New Jersey.
Morris Plains North is an urban neighborhood (based on population density) located in Morris Plains, New Jersey.
Morris Plains North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Morris Plains North 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 Morris Plains North, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Morris Plains North is very tight compared to the demand for property here.
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 Morris Plains, the Morris Plains North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
With a real estate vacancy rate of only 0.0%, the Morris Plains North neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, if you love row houses and attached homes, you will probably really like the Morris Plains North 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, 35.7% of the residential real estate here is classified as row houses and attached homes.
People
Of note is NeighborhoodScout's research finding that the Morris Plains North neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Morris Plains North community truly stands out from the rest in this regard.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 53.9%. This is a higher percent living alone than we found in 97.3% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Also, if you are planning to retire in New Jersey, this neighborhood should be on your must-see list. For many reasons, Morris Plains North may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Jersey, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in NJ. If a New Jersey retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.
Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 77.4% of the adults living in the Morris Plains North neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.0% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Occupations
Executives, managers and professionals make up 75.0% of the workforce in the Morris Plains North neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Diversity
Did you know that the Morris Plains North neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.0% of this neighborhood's residents have Asian ancestry.
Morris Plains North is also pretty special linguistically. Significantly, 12.6% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Morris Plains North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Morris Plains North neighborhood in Morris Plains are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.8% 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.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Morris Plains North neighborhood, 75.0% 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 11.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.4%), and 5.7% in manufacturing and laborer 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 Morris Plains North neighborhood is English, spoken by 52.2% of households. Other important languages spoken here include Chinese, Langs. of India, Spanish and Urdu (the national language of Pakistan).
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 Morris Plains North neighborhood in Morris Plains, NJ, residents most commonly identify their ethnicity or ancestry as Asian (41.0%). There are also a number of people of Italian ancestry (14.7%), and residents who report Irish roots (14.3%), and some of the residents are also of German ancestry (9.9%), along with some Mexican ancestry residents (4.5%), among others. In addition, 40.1% 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 Morris Plains North neighborhood spend between 15 and 30 minutes commuting one-way to work (48.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (68.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (5.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
