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Real Estate Prices & Overview

Median real estate price in the Town Center of Ridge is $495,551, which is more expensive than 41.3% of the neighborhoods in New York and 68.5% of the neighborhoods in the U.S.

The average rental price in Ridge Town Center is currently $3,377, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.0% of the neighborhoods in New York.

Ridge Town Center is a suburban neighborhood (based on population density) located in Ridge, New York.

Real estate in the Town Center of Ridge, NY is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Town Center 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 Ridge Town Center, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.7% of all neighborhoods in the U.S. This means that the housing supply in Ridge Town Center is very tight compared to the demand for property here.

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.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Ridge Town Center stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 82.2% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Ridge Town Center neighborhood has more Irish and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.0% of this neighborhood's residents have Irish ancestry and 23.8% have Italian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Town Center neighborhood in Ridge are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 65.1% of the neighborhoods in America. In addition, 5.4% 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 63.2% of America'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 Ridge Town Center neighborhood, 47.4% of the working population is employed in executive, management, and professional 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 21.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.1%), and 14.7% 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 Ridge Town Center neighborhood is English, spoken by 90.1% of households. Other important languages spoken here include Spanish, Chinese and Langs. of India.

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 Town Center neighborhood in Ridge, NY, residents most commonly identify their ethnicity or ancestry as Irish (29.0%). There are also a number of people of Italian ancestry (23.8%), and residents who report German roots (20.7%), and some of the residents are also of English ancestry (12.3%), along with some Polish ancestry residents (4.5%), among others.

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 Ridge Town Center neighborhood spend between 30 and 45 minutes commuting one-way to work (27.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.3%) 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 (8.9%) . 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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