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Real Estate Prices & Overview

Huntington / Piermont Woods median real estate price is $485,666, which is more expensive than 71.6% of the neighborhoods in Delaware and 67.9% of the neighborhoods in the U.S.

The average rental price in Huntington / Piermont Woods is currently $1,934, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.5% of Delaware neighborhoods.

Huntington / Piermont Woods is a suburban neighborhood (based on population density) located in Newark, Delaware.

Huntington / Piermont Woods real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Huntington / Piermont Woods neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Real estate vacancies in Huntington / Piermont Woods are 3.6%, which is lower than one will find in 76.6% of American neighborhoods. Demand for real estate in Huntington / Piermont Woods 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

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 Newark, the Huntington / Piermont Woods neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Huntington / Piermont Woods neighborhood has more Haitian and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Haitian ancestry and 6.9% have African ancestry.

Huntington / Piermont Woods is also pretty special linguistically. Significantly, 11.9% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.3% 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 Huntington / Piermont Woods neighborhood in Newark are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.2% of the neighborhoods in America. With 19.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.3% of U.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 Huntington / Piermont Woods neighborhood, 39.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 15.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Huntington / Piermont Woods neighborhood is English, spoken by 72.0% of households. Other important languages spoken here include French, Spanish and Arabic.

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 Huntington / Piermont Woods neighborhood in Newark, DE, residents most commonly identify their ethnicity or ancestry as Irish (13.2%). There are also a number of people of Sub-Saharan African ancestry (10.9%), and residents who report Italian roots (10.0%), and some of the residents are also of English ancestry (7.1%), along with some African ancestry residents (6.9%), among others. In addition, 23.9% 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 Huntington / Piermont Woods neighborhood spend between 15 and 30 minutes commuting one-way to work (43.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (77.2%) 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 (11.6%) . 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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