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 Rumson,
the Waterloo neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Waterloo neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
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 99.0% 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, this Waterloo neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 97.2% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 96.0% of all neighborhoods in America.
Also of note, owner-occupied real estate dominates the Waterloo neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.5% of neighborhoods in America.
Notable & Unique: People
If you come to know the people here, you will recognize that you're
in the company of one of the wealthiest communities in the nation. In
fact, a mere 0.3% of America's neighborhoods are wealthier than the
Waterloo neighborhood. Real estate here is exceedingly
well-maintained, and similarly, tends to maintain its value over time.
The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and
Lexus. If the public schools aren't up to snuff, the residents of this
neighborhood preferentially send their children to private preparatory
schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
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 99.2%
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 families with school-aged children and urban sophisticates.
Also, astoundingly, NeighborhoodScout's research reveals that this single
neighborhood has a higher concentration of married couples living here
than 97.5% 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.
Finally, the rate of college educated adults in the Waterloo neighborhood
is a unique characteristic of the neighborhood. 71.3% 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
96.8% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 17.7% of the Waterloo
neighborhood's commuters ride a ferry to and from work each day, which is more than we found in
99.9% of America's neighborhoods.
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
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.
14.1% 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 99.2%
of all neighborhoods in America.
Notable & Unique: Diversity
Did you know that the Waterloo neighborhood has more
Croatian and Italian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.9% of
this neighborhood's residents have Croatian ancestry and 27.2% have Italian ancestry.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Waterloo neighborhood buck
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 23.2% of the households here have four, five,
or more cars. That is more cars per household than in 98.6% of
the neighborhoods in the nation.
Notable & Unique: Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other
neighborhoods feel like a collection of strangers who just happen to live
near each other. Sometimes this comes down to not only the personalities
of the people in a place, but how long people have been together in that
neighborhood. NeighborhoodScout's research has revealed some interesting
things about the rootedness of people in the Waterloo
More residents of the Waterloo neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 98.2% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.