Roosevelt is a tiny borough located in the state of New Jersey. With a population of 872 people and just one neighborhood, Roosevelt is the 474th largest community in New Jersey. Much of the housing stock in Roosevelt was built prior to World War II, making it one of the older and more historic boroughs in the country.
Real Estate Prices
Roosevelt home prices are not only among the most expensive in New Jersey, but Roosevelt real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Roosevelt is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Roosevelt is a borough of professionals, sales and office workers and service providers. There are especially a lot of people living in Roosevelt who work in teaching (14.97%), office and administrative support (13.69%) and business and financial occupations (8.92%).
Of important note, Roosevelt is also a borough of artists. Roosevelt has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Roosevelt’s character.
Also of interest is that Roosevelt has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.95% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
In addition, Roosevelt is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Roosevelt is a great place for families with children to consider. First of all, many other families with children live here, making Roosevelt a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Roosevelt has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Roosevelt’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.