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Real Estate Prices & Overview

Anchorage median real estate price is $506,417, which is more expensive than 53.8% of the neighborhoods in New Jersey and 71.9% of the neighborhoods in the U.S.

The average rental price in Anchorage is currently $3,869, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.5% of the neighborhoods in New Jersey.

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

Anchorage real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Anchorage neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Anchorage has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.8% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.6%), 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

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 Toms River, the Anchorage neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Anchorage 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, Anchorage 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.

Diversity

Did you know that the Anchorage neighborhood has more Italian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.4% of this neighborhood's residents have Italian ancestry and 3.2% have Ukrainian ancestry.

Anchorage is also pretty special linguistically. Significantly, 0.8% 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 96.0% of the neighborhoods in America.

The Neighbors

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 Anchorage neighborhood in Toms River 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 86.8% of the neighborhoods in America. In addition, 5.9% 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 62.4% 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 Anchorage neighborhood, 43.6% 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 31.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.8%), and 8.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Anchorage neighborhood is English, spoken by 93.6% of households.

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 Anchorage neighborhood in Toms River, NJ, residents most commonly identify their ethnicity or ancestry as Italian (38.4%). There are also a number of people of Irish ancestry (28.1%), and residents who report German roots (21.3%), and some of the residents are also of Polish ancestry (9.3%), along with some English ancestry residents (8.0%), 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 Anchorage neighborhood spend between 15 and 30 minutes commuting one-way to work (33.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.8%) 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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