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Real Estate Prices & Overview

Lalor / Broad Street Park median real estate price is $270,516, which is less expensive than 89.6% of New Jersey neighborhoods and 63.5% of all U.S. neighborhoods.

The average rental price in Lalor / Broad Street Park is currently $2,576, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.1% of New Jersey neighborhoods.

Lalor / Broad Street Park is a suburban neighborhood (based on population density) located in Trenton, New Jersey.

Lalor / Broad Street Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Lalor / Broad Street Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Lalor / Broad Street Park are 3.5%, which is lower than one will find in 76.9% of American neighborhoods. Demand for real estate in Lalor / Broad Street Park is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

In the Lalor / Broad Street Park neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.3% of commuters carpool here, which is more than in 95.3% of all U.S. neighborhoods.

Diversity

Did you know that the Lalor / Broad Street Park neighborhood has more Slovak and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Slovak ancestry and 8.3% have South American ancestry.

Lalor / Broad Street Park is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.

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 Lalor / Broad Street Park neighborhood in Trenton are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.1% of the neighborhoods in America. In addition, 7.1% 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 58.4% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Lalor / Broad Street Park neighborhood, 38.0% of the working population is employed in manufacturing and laborer 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 24.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.6%), and 14.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lalor / Broad Street Park neighborhood is Spanish, spoken by 48.0% of households. Some people also speak English (45.2%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Lalor / Broad Street Park neighborhood in Trenton, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (10.9%). There are also a number of people of South American ancestry (8.3%), and residents who report Irish roots (7.6%), and some of the residents are also of Asian ancestry (5.2%), along with some Italian ancestry residents (5.1%), among others. In addition, 32.1% of the residents of this neighborhood were born in another country.

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 Lalor / Broad Street Park neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.3%) 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 (22.3%) . 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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