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Real Estate Prices & Overview

Roosevelt City median real estate price is $365,203, which is less expensive than 78.1% of New Jersey neighborhoods and 54.3% of all U.S. neighborhoods.

The average rental price in Roosevelt City is currently $2,172, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.8% of New Jersey neighborhoods.

Roosevelt City is a rural neighborhood (based on population density) located in Manchester Township, New Jersey.

Roosevelt City real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Roosevelt City 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.

Real estate vacancies in Roosevelt City are 5.0%, which is lower than one will find in 66.7% of American neighborhoods. Demand for real estate in Roosevelt City 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.

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 Manchester Township, the Roosevelt City neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you are planning to retire in New Jersey, this neighborhood should be on your must-see list. For many reasons, Roosevelt City may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Jersey, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.4% of neighborhoods in NJ. If a New Jersey retirement is in your future, this neighborhood should be one of the places you visit.

Occupations

The Roosevelt City neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.8% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Roosevelt City stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 80.4% of the residential real estate here was built in this one time period.

Diversity

Did you know that the Roosevelt City neighborhood has more Hungarian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Hungarian ancestry and 1.4% have Lithuanian ancestry.

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 Roosevelt City neighborhood in Manchester Township are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.2% of U.S. neighborhoods. In addition, 5.3% 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 63.8% 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 Roosevelt City neighborhood, 33.3% 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 29.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.6%), and 15.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Roosevelt City neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (3.4%).

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 Roosevelt City neighborhood in Manchester Township, NJ, residents most commonly identify their ethnicity or ancestry as Irish (22.7%). There are also a number of people of German ancestry (21.9%), and residents who report Italian roots (20.4%), and some of the residents are also of English ancestry (16.3%), along with some Polish ancestry residents (8.8%), among others.

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 Roosevelt City neighborhood spend between 30 and 45 minutes commuting one-way to work (27.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (85.3%) 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 (7.9%) . 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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