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Real Estate Prices & Overview

Owens / Wantage median real estate price is $445,575, which is less expensive than 69.1% of New Jersey neighborhoods and 39.0% of all U.S. neighborhoods.

The average rental price in Owens / Wantage is currently $3,351, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.0% of the neighborhoods in New Jersey.

Owens / Wantage is a rural neighborhood (based on population density) located in Sussex, New Jersey.

Owens / Wantage real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Owens / Wantage neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Owens / Wantage. The current real estate vacancy rate here is 27.7%. This is higher than the rate of vacancies in 93.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (25.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Sussex, the Owens / Wantage neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Owens / Wantage neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Real Estate

Owner-occupied real estate dominates the Owens / Wantage neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.2% of neighborhoods in America.

Diversity

Did you know that the Owens / Wantage neighborhood has more Russian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Russian ancestry and 2.4% have Portuguese 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 Owens / Wantage neighborhood in Sussex 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 88.9% 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 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 Owens / Wantage neighborhood, 46.4% 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.9%), and 12.0% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Owens / Wantage neighborhood is English, spoken by 94.7% of households. Some people also speak Spanish (3.7%).

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 Owens / Wantage neighborhood in Sussex, NJ, residents most commonly identify their ethnicity or ancestry as German (26.3%). There are also a number of people of Irish ancestry (21.0%), and residents who report Italian roots (18.3%), and some of the residents are also of English ancestry (12.5%), along with some Polish ancestry residents (9.5%), 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 Owens / Wantage neighborhood spend between 45 minutes and one hour commuting one-way to work (38.1% of working residents), longer and tougher than most commutes in America.

Here most residents (81.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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