Hanover Furnace median real estate price is $284,255, which is less expensive than 91.1% of New Jersey neighborhoods and 63.2% of all U.S. neighborhoods.
The average rental price in Hanover Furnace is currently $2,096, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 92.6% of New Jersey neighborhoods.
Hanover Furnace is a suburban neighborhood (based on population density) located in Browns Mills, New Jersey.
Hanover Furnace real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Hanover Furnace neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Hanover Furnace are 6.0%, which is lower than one will find in 60.2% of American neighborhoods. Demand for real estate in Hanover Furnace 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.
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.
Our research shows that more people carpool to work here in the Hanover Furnace (33.9%) than in 99.4% of the neighborhoods in America.
The Hanover Furnace neighborhood stands out nationally for having a greater proportion of its residents active in the military than 99.2% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.
Did you know that the Hanover Furnace neighborhood has more Slovak and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Slovak ancestry and 2.6% have Portuguese ancestry.
Hanover Furnace is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.
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 Hanover Furnace neighborhood in Browns Mills are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.5% of the neighborhoods in America. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.3% 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 Hanover Furnace neighborhood, 31.6% 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 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.7%), and 16.7% in clerical, assistant, and tech support occupations.
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 Hanover Furnace neighborhood is English, spoken by 83.2% of households. Other important languages spoken here include Italian, Spanish and Polish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Hanover Furnace neighborhood in Browns Mills, NJ, residents most commonly identify their ethnicity or ancestry as German (28.0%). There are also a number of people of Irish ancestry (16.7%), and residents who report English roots (12.5%), and some of the residents are also of Italian ancestry (8.6%), along with some Puerto Rican ancestry residents (7.9%), among others.
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 Hanover Furnace neighborhood spend between 45 minutes and one hour commuting one-way to work (34.8% of working residents), longer and tougher than most commutes in America.
Here most residents (58.8%) 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 (33.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.