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Real Estate Prices & Overview

Masonicus median real estate price is $938,691, which is more expensive than 77.2% of the neighborhoods in New Jersey and 85.6% of the neighborhoods in the U.S.

The average rental price in Masonicus is currently $4,201, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.9% of the neighborhoods in New Jersey.

Masonicus is a suburban neighborhood (based on population density) located in Mahwah, New Jersey.

Masonicus 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 Masonicus 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 Masonicus, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Masonicus is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

With a real estate vacancy rate of only 0.0%, the Masonicus neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

In a nation where 1 out of every 4 children lives in poverty, the Masonicus neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're nearing retirement age, or in retirement, the Masonicus is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.4% of retiree-friendly neighborhoods in New Jersey, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New Jersey. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.

Occupations

The Masonicus neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.4% of the neighborhoods in America. In fact, 69.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Masonicus neighborhood has more British and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have British ancestry and 18.7% have Italian ancestry.

Masonicus is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

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 Masonicus neighborhood in Mahwah are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 89.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Masonicus neighborhood, 69.8% 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 16.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.7%), and 6.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Masonicus neighborhood is English, spoken by 84.1% of households. Some people also speak Langs. of India (8.2%).

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 Masonicus neighborhood in Mahwah, NJ, residents most commonly identify their ethnicity or ancestry as Italian (18.7%). There are also a number of people of Asian ancestry (14.1%), and residents who report German roots (13.6%), and some of the residents are also of Irish ancestry (13.1%), along with some Polish ancestry residents (3.7%), among others. In addition, 15.6% of the residents of this neighborhood were born in another country.

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 Masonicus neighborhood spend between 30 and 45 minutes commuting one-way to work (36.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (62.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.0%) . 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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