Lafayette Industrial median real estate price is $677,274, which is more expensive than 49.8% of the neighborhoods in New Jersey and 70.3% of the neighborhoods in the U.S.
The average rental price in Lafayette Industrial is currently $1,482, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.4% of New Jersey neighborhoods.
Lafayette Industrial is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.
Lafayette Industrial 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 Lafayette Industrial neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.5% in Lafayette Industrial. NeighborhoodScout analysis shows that this rate is lower than 49.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Jersey City, the Lafayette Industrial neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Lafayette Industrial neighborhood stands out for having an average per capita income lower than 98.1% of the neighborhoods in the United States.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Lafayette Industrial neighborhood has more single mother households than 96.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Our research revealed that more commuters here take the bus to work (15.9% ride the bus) than 97.8% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, in the Lafayette Industrial neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.8% of commuters carpool here, which is more than in 97.4% of all U.S. neighborhoods.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Lafayette Industrial neighborhood has a highly unusual pattern of car ownership. 30.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.
Renter-occupied real estate is dominant in the Lafayette Industrial neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.9%, which is higher than 95.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Lafayette Industrial neighborhood could be your paradise. With 24.7% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.6% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Did you know that the Lafayette Industrial neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.1% of this neighborhood's residents have Dominican ancestry and 8.2% have Jamaican ancestry.
Lafayette Industrial is also pretty special linguistically. Significantly, 4.9% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.3% 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 Lafayette Industrial neighborhood in Jersey City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.1% of U.S. neighborhoods. With 33.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.9% 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 Lafayette Industrial neighborhood, 33.4% 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 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.4%), and 20.5% in manufacturing and laborer 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 Lafayette Industrial neighborhood is English, spoken by 55.6% of households. Other important languages spoken here include Spanish, Arabic and French.
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 Lafayette Industrial neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (20.1%). There are also a number of people of Jamaican ancestry (8.2%), and residents who report Puerto Rican roots (6.6%), and some of the residents are also of South American ancestry (5.2%), along with some Haitian ancestry residents (4.8%), among others. In addition, 27.3% of the residents of this neighborhood were born in another country.
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 Lafayette Industrial neighborhood spend between 15 and 30 minutes commuting one-way to work (57.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (35.3%) 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 (25.8%) and 15.9% 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.