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Real Estate Prices & Overview

Bay Head Junction median real estate price is $1,174,145, which is more expensive than 93.7% of the neighborhoods in New Jersey and 93.7% of the neighborhoods in the U.S.

The average rental price in Bay Head Junction is currently $3,126, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.9% of New Jersey neighborhoods.

Bay Head Junction is a suburban neighborhood (based on population density) located in Point Pleasant Beach, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Bay Head Junction 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 occupied by a mixture of owners and renters. Many of the residences in the Bay Head Junction neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Bay Head Junction. The current real estate vacancy rate here is 28.8%. This is higher than the rate of vacancies in 94.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (25.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Point Pleasant Beach, the Bay Head Junction neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Bay Head Junction neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Bay Head Junction is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

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

In addition, neighborhoodScout's analysis shows that the Bay Head Junction neighborhood has a greater concentration of residents currently enrolled in college than 96.8% of the neighborhoods in the U.S. With 14.4% of the population here attending college, this is very much a college-focused neighborhood.

Also, if you're nearing retirement age, or in retirement, the Bay Head Junction is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.6% 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 college students and urban sophisticates.

Occupations

There are more people living in the Bay Head Junction neighborhood employed as sales and service workers (53.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Furthermore, with 5.3% of employed workers living in the Bay Head Junction neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.8% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.

Modes of Transportation

In the Bay Head Junction neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 23.8% of residents here. This is a higher proportion of walking commuters than we found in 98.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Bay Head Junction neighborhood have a highly unusual car ownership. 38.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.

Diversity

Did you know that the Bay Head Junction neighborhood has more Irish and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.5% of this neighborhood's residents have Irish ancestry and 24.1% have Italian ancestry.

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 Bay Head Junction neighborhood in Point Pleasant Beach 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 85.2% 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.

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 Bay Head Junction neighborhood, 46.5% 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 40.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.8%), and 6.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bay Head Junction neighborhood is English, spoken by 81.9% of households. Some people also speak Spanish (7.8%).

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 Bay Head Junction neighborhood in Point Pleasant Beach, NJ, residents most commonly identify their ethnicity or ancestry as Irish (31.5%). There are also a number of people of Italian ancestry (24.1%), and residents who report German roots (11.9%), and some of the residents are also of Polish ancestry (9.2%), along with some Mexican ancestry residents (7.2%), among others. In addition, 12.7% 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 Bay Head Junction neighborhood spend under 15 minutes commuting one-way to work (48.4% of working residents), one of the shortest commutes across America.

Here most residents (52.2%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.8%) and 9.0% of residents also carpool with coworkers, friends, or neighbors 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.


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