Valley of Maplewood South median real estate price is $1,128,323, which is more expensive than 95.0% of the neighborhoods in New Jersey and 94.2% of the neighborhoods in the U.S.
The average rental price in Valley of Maplewood South is currently $2,689, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.0% of New Jersey neighborhoods.
Valley of Maplewood South is a suburban neighborhood (based on population density) located in Maplewood, New Jersey.
Valley of Maplewood South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Valley of Maplewood South neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Valley of Maplewood South, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.3% of all neighborhoods in the U.S. This means that the housing supply in Valley of Maplewood South is very tight compared to the demand for property here.
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.
People
If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Valley of Maplewood South neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.6% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Valley of Maplewood South neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.
In addition, the rate of college educated adults in the Valley of Maplewood South neighborhood is a unique characteristic of the neighborhood. 83.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.6% of all U.S. neighborhoods.
Also, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Valley of Maplewood South neighborhood is wealthier than 96.8% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.
Modes of Transportation
In the Valley of Maplewood South neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 33.3% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.2% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.0% of the Valley of Maplewood South neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.8% of America's neighborhoods.
Occupations
The Valley of Maplewood South neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.9% of the neighborhoods in America. In fact, 73.0% 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.
Real Estate
If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 64.6% of the residential real estate in the Valley of Maplewood South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Diversity
Did you know that the Valley of Maplewood South neighborhood has more Eastern European and Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Eastern European ancestry and 0.9% have Belgian ancestry.
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 Valley of Maplewood South neighborhood in Maplewood 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 96.8% of the neighborhoods in America. In addition, 4.4% 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 66.5% 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 Valley of Maplewood South neighborhood, 73.0% 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 16.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.6%), and 4.7% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Valley of Maplewood South neighborhood is English, spoken by 89.4% of households. Some people also speak Spanish (6.7%).
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 Valley of Maplewood South neighborhood in Maplewood, NJ, residents most commonly identify their ethnicity or ancestry as Irish (23.5%). There are also a number of people of Italian ancestry (16.6%), and residents who report English roots (11.6%), and some of the residents are also of German ancestry (10.8%), along with some Eastern European ancestry residents (4.2%), among others.
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 Valley of Maplewood South neighborhood spend between 45 minutes and one hour commuting one-way to work (42.3% of working residents), longer and tougher than most commutes in America.
Here most residents (32.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
