Median real estate price in the Borough Center of Penns Grove is $245,978, which is less expensive than 94.9% of New Jersey neighborhoods and 72.0% of all U.S. neighborhoods.
The average rental price in Penns Grove Borough Center is currently $2,173, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.2% of New Jersey neighborhoods.
Penns Grove Borough Center is an urban neighborhood (based on population density) located in Penns Grove, New Jersey.
Real estate in the Borough Center of Penns Grove, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Borough Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Penns Grove Borough Center. The current real estate vacancy rate here is 32.2%. This is higher than the rate of vacancies in 95.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Penns Grove, the Borough Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
While most Americans do drive to work alone each day, the Penns Grove Borough Center neighborhood stands out by having 90.1% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 97.3% of all American neighborhoods.
Despite all of the residential real estate here in the Penns Grove Borough Center neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.2%, which is higher than 95.9% of all U.S. neighborhoods.
Did you know that the Penns Grove Borough Center neighborhood has more Puerto Rican and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.1% of this neighborhood's residents have Puerto Rican ancestry and 1.0% have Lebanese ancestry.
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 Borough Center neighborhood in Penns Grove are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.0% of the neighborhoods in America. With 37.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.7% 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 Penns Grove Borough Center neighborhood, 36.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.1%), and 13.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Penns Grove Borough Center neighborhood is English, spoken by 77.6% of households. Some people also speak Spanish (21.4%).
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 Borough Center neighborhood in Penns Grove, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (22.1%). There are also a number of people of Mexican ancestry (9.2%), and residents who report German roots (7.8%), and some of the residents are also of English ancestry (7.2%), along with some Italian ancestry residents (5.9%), among others.
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 Penns Grove Borough Center neighborhood spend under 15 minutes commuting one-way to work (41.0% of working residents), one of the shortest commutes across America.
Here most residents (90.1%) 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 (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.