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Real Estate Prices & Overview

Median real estate price in the Town Center of Phillipsburg is $267,964, which is less expensive than 88.3% of New Jersey neighborhoods and 64.1% of all U.S. neighborhoods.

The average rental price in Phillipsburg Town Center is currently $1,961, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.6% of New Jersey neighborhoods.

Phillipsburg Town Center is a suburban neighborhood (based on population density) located in Phillipsburg, New Jersey.

Real estate in the Town Center of Phillipsburg, NJ is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Phillipsburg Town Center are 4.8%, which is lower than one will find in 68.2% of American neighborhoods. Demand for real estate in Phillipsburg Town Center 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.

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 Phillipsburg, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Phillipsburg Town Center neighborhood has more Hungarian and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.4% of this neighborhood's residents have Hungarian ancestry and 1.7% have Yugoslav ancestry.

The Neighbors

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 Town Center neighborhood in Phillipsburg are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.7% of the neighborhoods in America. With 22.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.6% of U.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 Phillipsburg Town Center neighborhood, 30.7% 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 27.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.1%), and 19.4% 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 Phillipsburg Town Center neighborhood is English, spoken by 83.2% of households. Other important languages spoken here include Spanish, Polish and Arabic.

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 Town Center neighborhood in Phillipsburg, NJ, residents most commonly identify their ethnicity or ancestry as Italian (18.6%). There are also a number of people of German ancestry (15.0%), and residents who report Irish roots (13.9%), and some of the residents are also of Dutch ancestry (5.7%), along with some Hungarian ancestry residents (5.4%), among others.

Getting to Work

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 Phillipsburg Town Center neighborhood spend under 15 minutes commuting one-way to work (38.4% of working residents), one of the shortest commutes across America.

Here most residents (80.2%) 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 (9.2%) . 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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