Fairfield / Deerfield at Short Hills median real estate price is $2,359,620, which is more expensive than 99.3% of the neighborhoods in New Jersey and 98.7% of the neighborhoods in the U.S.
The average rental price in Fairfield / Deerfield at Short Hills is currently $6,375, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in New Jersey.
Fairfield / Deerfield at Short Hills is a suburban neighborhood (based on population density) located in Short Hills, New Jersey.
Fairfield / Deerfield at Short Hills real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Fairfield / Deerfield at Short Hills neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Fairfield / Deerfield at Short Hills, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 91.7% of all neighborhoods in the U.S. This means that the housing supply in Fairfield / Deerfield at Short Hills 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 Short Hills, the Fairfield / Deerfield at Short Hills neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 0.6% of America's neighborhoods are wealthier than the Fairfield / Deerfield at Short Hills 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, Fairfield / Deerfield at Short Hills also has one of the lowest ratings of child poverty in the nation.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Fairfield / Deerfield at Short Hills 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.
Also, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 53.7% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.5% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Finally, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Fairfield / Deerfield at Short Hills neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.3% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Fairfield / Deerfield at Short Hills neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
One way that the Fairfield / Deerfield at Short Hills neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.6% 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.
In addition, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Fairfield / Deerfield at Short Hills neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.8% of all American neighborhoods.
Furthermore, owner-occupied real estate dominates the Fairfield / Deerfield at Short Hills neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.6% of neighborhoods in America.
In the Fairfield / Deerfield at Short Hills neighborhood, 28.6% of people ride the train 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 train ridership than in 98.2% of the neighborhoods in America.
Also, in the Fairfield / Deerfield at Short Hills neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.0% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Executives, managers and professionals make up 73.8% of the workforce in the Fairfield / Deerfield at Short Hills neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 96.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Fairfield / Deerfield at Short Hills 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 Fairfield / Deerfield at Short Hills neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.9% 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 96.5% of all neighborhoods in America.
Did you know that the Fairfield / Deerfield at Short Hills neighborhood has more Eastern European and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.3% of this neighborhood's residents have Eastern European ancestry and 38.2% have Asian ancestry.
Fairfield / Deerfield at Short Hills is also pretty special linguistically. Significantly, 9.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.
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 Fairfield / Deerfield at Short Hills neighborhood in Short Hills 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 99.4% 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 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 Fairfield / Deerfield at Short Hills neighborhood, 73.8% 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 11.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (7.6%), and 6.9% 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 Fairfield / Deerfield at Short Hills neighborhood is English, spoken by 67.8% of households. Other important languages spoken here include Chinese and Spanish.
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 Fairfield / Deerfield at Short Hills neighborhood in Short Hills, NJ, residents most commonly identify their ethnicity or ancestry as Asian (38.2%). There are also a number of people of Italian ancestry (6.7%), and residents who report Eastern European roots (6.3%), and some of the residents are also of German ancestry (4.8%), along with some Irish ancestry residents (4.6%), among others. In addition, 27.9% 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 Fairfield / Deerfield at Short Hills neighborhood spend between 45 minutes and one hour commuting one-way to work (39.5% of working residents), longer and tougher than most commutes in America.
Here most residents (36.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
