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Real Estate Prices & Overview

Pomona median real estate price is $333,840, which is less expensive than 82.2% of New Jersey neighborhoods and 51.9% of all U.S. neighborhoods.

The average rental price in Pomona is currently $1,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.9% of New Jersey neighborhoods.

Pomona is a suburban neighborhood (based on population density) located in Absecon, New Jersey.

Pomona 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 Pomona 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.

In Pomona, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.9% of all neighborhoods in the U.S. This means that the housing supply in Pomona is very tight compared to the demand for property here.

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

Modes of Transportation

Our research shows that more people carpool to work here in the Pomona (23.8%) than in 96.4% of the neighborhoods in America.

Diversity

Did you know that the Pomona neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.5% of this neighborhood's residents have Puerto Rican ancestry.

Pomona is also pretty special linguistically. Significantly, 15.2% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.7% 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 Pomona neighborhood in Absecon are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.8% of the neighborhoods in America. With 12.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.5% of U.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 Pomona neighborhood, 35.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 32.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.7%), and 15.2% in manufacturing and laborer occupations.

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 Pomona neighborhood is English, spoken by 59.2% of households. Other important languages spoken here include Spanish, Langs. of India, Chinese and Urdu (the national language of Pakistan).

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 Pomona neighborhood in Absecon, NJ, residents most commonly identify their ethnicity or ancestry as Asian (20.0%). There are also a number of people of Puerto Rican ancestry (11.5%), and residents who report German roots (11.2%), and some of the residents are also of Italian ancestry (10.3%), along with some Irish ancestry residents (8.2%), among others. In addition, 24.6% of the residents of this neighborhood were born in another country.

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 Pomona neighborhood spend between 15 and 30 minutes commuting one-way to work (47.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (70.9%) 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 (23.8%) . 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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