Rumson, NJ (Waterloo)



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640 Vital Statistics. 39 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 12 Alerts

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Demographics alerts

Demographics


136

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Crimes


67

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Schools


65

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328

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About Rumson, NJ (Waterloo)


Real Estate Prices and Overview

Waterloo median real estate price is $1,796,015, which is more expensive than 99.2% of the neighborhoods in New Jersey and 98.8% of the neighborhoods in the U.S.

The average rental price in Waterloo is currently $3,271, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 93.1% of the neighborhoods in New Jersey.

Waterloo is a suburban neighborhood (based on population density) located in Rumson, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Waterloo real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) . Most of the residential real estate is owner occupied. Many of the residences in the Waterloo neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Waterloo has a 12.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.6% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.4%), 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Notable & Unique: Real Estate

Waterloo 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, Waterloo 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.

In addition, one way that the Waterloo neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.7% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Furthermore, real estate in the Waterloo neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.9% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

Notable & Unique: People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Waterloo neighborhood is wealthier than 99.9% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Waterloo also has one of the lowest ratings of child poverty in the nation.

In addition, a majority of the adults in the Waterloo neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for New Jersey by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.4% of the neighborhoods in New Jersey. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

Also, the rate of college educated adults in the Waterloo neighborhood is a unique characteristic of the neighborhood. 75.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 22.6% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.4% of all U.S. neighborhoods.

Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 95.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Waterloo neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Notable & Unique: Modes of Transportation

In the Waterloo neighborhood, 28.4% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 100.0% of the neighborhoods in America.

Notable & Unique: Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Waterloo neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Waterloo neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.3% of all neighborhoods in America.

Notable & Unique: Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Waterloo neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 27.8% of the households here have four, five, or more cars. That is more cars per household than in 95.1% of the neighborhoods in the nation.

Notable & Unique: Diversity

Did you know that the Waterloo neighborhood has more Irish and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.1% of this neighborhood's residents have Irish ancestry and 6.7% have Russian ancestry.

Waterloo is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Waterloo neighborhood in Rumson 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 99.9% 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.

The Neighbors: Occupations

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 Waterloo neighborhood, 56.9% 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 (6.7%), and 6.4% in clerical, assistant, and tech support occupations.

The Neighbors: Languages

The most common language spoken in the Waterloo neighborhood is English, spoken by 92.4% of households. Some people also speak Polish (5.2%).

The Neighbors: Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Waterloo neighborhood in Rumson, NJ, residents most commonly identify their ethnicity or ancestry as Irish (30.1%). There are also a number of people of Italian ancestry (26.3%), and residents who report German roots (17.5%), and some of the residents are also of English ancestry (7.4%), along with some Russian ancestry residents (6.7%), 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 Waterloo neighborhood spend between 15 and 30 minutes commuting one-way to work (25.0% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (15.8%) who commute over an hour in each direction.

Here most residents (59.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride a ferry to get to work (28.4%) and 6.4% of residents also carpool with coworkers, friends, or neighbors 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.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

44 Vital Statistics. 12 Condition Alerts found.

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
Locked

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

Setting

 

Neighborhood Look and Feel

Housing Market Details

 

AGE OF Rumson, NJ (Waterloo) HOMES

TYPE OF Rumson, NJ (Waterloo) HOMES

SIZE OF Rumson, NJ (Waterloo) HOMES

SIZE OF Rumson, NJ (Waterloo) HOMES

homeownership

 

Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2017 (latest available). Updated annually.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 

Special character

 

Age / Marital Status

 

Age

Marital Status

Gender Ratio

Military & College Status

 

Household Types

 

One person households

Same Sex Partners

Married Couple with Child

Single Parent with Child

Employment Industries in Waterloo

 

Commute to work

 

Average One-way Commute Time

Means Of Transport

Vehicles Per Household

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

Languages Spoken (top 20)

Unemployment Rate

 

Average Income

 

Per Capita Income

Median Household Income

Education

 

Percent with College Degree

Percent with Advanced Degree

income & education

 

Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2017 calendar year; released from FBI in Sept. 2018 (latest available). Updated annually. Where is 2018 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more

67 Vital Statistics. 6 Condition Alerts found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Waterloo 0.101011101001110
Rumson 0.101011101001110
New Jersey 2.29

My Chances of Becoming a Victim of a Violent Crime

1 in

in Waterloo

1 in

in Rumson

1 in 437

in New Jersey

Rumson VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Waterloo 0.101011101001110
Rumson 0.101011101001110
New Jersey 15.56

My Chances of Becoming a Victim of a Property Crime

1 in

in Waterloo

1 in

in Rumson

1 in 64

in New Jersey

Rumson Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Waterloo 0.101011101001110
Rumson 0.101011101001110
New Jersey 66

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2016 – 2017 school year.
  • Expenditures: 2015
  • Educational Environment: 2017 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more

65 Vital Statistics. 10 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

Locked

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 2 districts:

RUMSON-FAIR HAVEN REGIONAL HIGH SCHOOL SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New Jersey

(10 is best)

Better than of NJ school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to NJ Quality Rating Compared to Nation
Rumson-Fair Haven Regional High School
74 Ridge Road
Rumson, NJ 07760
09-12

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

RUMSON BOROUGH SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New Jersey

(10 is best)

Better than of NJ school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to NJ Quality Rating Compared to Nation
Deane-Porter Elementary School
50 Blackpoint Road
Rumson, NJ 07760
PK-03
Forrestdale School
60 Forrest Avenue
Rumson, NJ 07760
04-08

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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