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Real Estate Prices & Overview

Hillcrest West median real estate price is $482,900, which is more expensive than 50.1% of the neighborhoods in New Jersey and 70.1% of the neighborhoods in the U.S.

The average rental price in Hillcrest West is currently $2,789, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.4% of New Jersey neighborhoods.

Hillcrest West is a densely urban neighborhood (based on population density) located in Paterson, New Jersey.

Hillcrest West real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Hillcrest West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Hillcrest West, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 88.1% of all neighborhoods in the U.S. This means that the housing supply in Hillcrest West is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Paterson, the Hillcrest West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Hillcrest West neighborhood stands out within New Jersey for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.2% of college-friendly places to live in NJ.

Diversity

Did you know that the Hillcrest West neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.3% of this neighborhood's residents have South American ancestry and 17.3% have Dominican ancestry.

Hillcrest West is also pretty special linguistically. Significantly, 66.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.9% of all U.S. neighborhoods.

The Neighbors

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 Hillcrest West neighborhood in Paterson are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.7% of the neighborhoods in America. With 10.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.4% of U.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 Hillcrest West neighborhood, 31.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.6%), and 17.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Hillcrest West neighborhood is Spanish, spoken by 66.9% of households. Some people also speak English (19.6%).

Ethnicity / Ancestry

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 Hillcrest West neighborhood in Paterson, NJ, residents most commonly identify their ethnicity or ancestry as South American (30.3%). There are also a number of people of Dominican ancestry (17.3%), and residents who report Puerto Rican roots (17.3%), and some of the residents are also of Asian ancestry (7.5%), along with some Italian ancestry residents (3.7%), among others. In addition, 39.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Hillcrest West neighborhood spend between 15 and 30 minutes commuting one-way to work (47.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (85.5%) 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 (11.1%) . 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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