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Real Estate Prices & Overview

Downtown East median real estate price is $301,100, which is less expensive than 86.4% of New Jersey neighborhoods and 57.5% of all U.S. neighborhoods.

The average rental price in Downtown East is currently $1,038, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.4% of New Jersey neighborhoods.

Downtown East is an urban neighborhood (based on population density) located in Trenton, New Jersey.

Downtown East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Downtown East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Downtown East has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

People

One of the unique characteristics of the Downtown East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.2% of the neighborhoods in America. The Downtown East neighborhood also has a greater percentage of children living in poverty (57.7%) than found in 96.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, single parenting is hard. But you don't have to tell the Downtown East neighborhood about it; they already know. 18.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.2% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

In the Downtown East neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.1% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the Downtown East neighborhood has more African and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.4% of this neighborhood's residents have African ancestry and 15.4% have Puerto Rican ancestry.

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 Downtown East neighborhood in Trenton are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.2% of U.S. neighborhoods. With 57.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% of U.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 Downtown East neighborhood, 38.3% 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 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.9%), and 14.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Downtown East neighborhood is English, spoken by 72.8% of households. Some people also speak Spanish (25.0%).

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 Downtown East neighborhood in Trenton, NJ, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.8%). There are also a number of people of Puerto Rican ancestry (15.4%), and residents who report African roots (15.4%), and some of the residents are also of Italian ancestry (5.4%), along with some Cuban ancestry residents (2.1%), 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 Downtown East neighborhood spend between 15 and 30 minutes commuting one-way to work (52.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (14.1%) and 7.8% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
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Educational Expenditures

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