Milton / Petersburg median real estate price is $533,707, which is more expensive than 43.9% of the neighborhoods in New Jersey and 69.2% of the neighborhoods in the U.S.
The average rental price in Milton / Petersburg is currently $3,971, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.9% of the neighborhoods in New Jersey.
Milton / Petersburg is a rural neighborhood (based on population density) located in Oak Ridge, New Jersey.
Milton / Petersburg real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Milton / Petersburg 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 Milton / Petersburg are 4.6%, which is lower than one will find in 69.2% of American neighborhoods. Demand for real estate in Milton / Petersburg 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.
Real estate in the Milton / Petersburg neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 97.4% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
Did you know that the Milton / Petersburg neighborhood has more Swiss and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.9% of this neighborhood's residents have Swiss ancestry and 26.5% have Italian 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 Milton / Petersburg neighborhood in Oak Ridge 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 85.7% of the neighborhoods in America. In addition, 6.4% 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 60.3% 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 Milton / Petersburg neighborhood, 58.1% 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.6%), and 8.4% in clerical, assistant, and tech support occupations.
The most common language spoken in the Milton / Petersburg neighborhood is English, spoken by 92.8% of households.
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 Milton / Petersburg neighborhood in Oak Ridge, NJ, residents most commonly identify their ethnicity or ancestry as Italian (26.5%). There are also a number of people of Irish ancestry (24.8%), and residents who report German roots (21.5%), and some of the residents are also of Polish ancestry (9.3%), along with some Swiss ancestry residents (6.9%), 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 Milton / Petersburg neighborhood spend between 45 minutes and one hour commuting one-way to work (39.6% of working residents), longer and tougher than most commutes in America.
Here most residents (79.3%) 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 (7.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.