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Stanhope, NJ

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Stanhope is a very small borough located in the state of New Jersey. With a population of 3,560 people and just one neighborhood, Stanhope is the 367th largest community in New Jersey.

Occupations and Workforce

Stanhope is a decidedly white-collar borough, with fully 87.49% of the workforce employed in white-collar jobs, well above the national average. Overall, Stanhope is a borough of professionals, sales and office workers, and service providers. There are especially a lot of people living in Stanhope who work in office and administrative support (11.90%), sales jobs (11.90%), and management occupations (11.24%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.57% 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

Because of many things, Stanhope is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Stanhope really has some of the features that families look for when choosing a good community to raise children. Is Stanhope perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Stanhope, however, is that residents on average have to contend with a long commute, spending on average 34.60 minutes every day commuting to work.

Demographics

The education level of Stanhope ranks among the highest in the nation. Of the 25-and-older adult population in Stanhope, 40.67% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.

The per capita income in Stanhope in 2018 was $47,073, which is lower middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $188,292 for a family of four.

Stanhope is a somewhat ethnically-diverse borough. The people who call Stanhope home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Stanhope residents report their race to be White, followed by Black or African-American. Important ancestries of people in Stanhope include Italian, Irish, German, English, and Polish.

The most common language spoken in Stanhope is English. Other important languages spoken here include Spanish and Slavic languages.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

Diversity

Did you know that the neighborhood has more Italian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.6% of this neighborhood's residents have Italian ancestry and 2.5% have Eastern European 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 neighborhood in Stanhope 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 88.1% of the neighborhoods in America. In addition, 0.5% 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 80.1% of America'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 neighborhood, 42.1% 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 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 12.5% in manufacturing and laborer occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 91.9% of households. Some people also speak Spanish (5.0%).

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 neighborhood in Stanhope, NJ, residents most commonly identify their ethnicity or ancestry as Italian (32.6%). There are also a number of people of Irish ancestry (24.9%), and residents who report German roots (22.2%), and some of the residents are also of English ancestry (8.2%), along with some Polish 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 neighborhood spend between 45 minutes and one hour commuting one-way to work (31.9% of working residents), longer and tougher than most commutes in America.

Here most residents (78.2%) 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 (9.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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