Ventnor City Southwest median real estate price is $451,876, which is less expensive than 73.4% of New Jersey neighborhoods and 41.2% of all U.S. neighborhoods.
The average rental price in Ventnor City Southwest is currently $3,236, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.4% of New Jersey neighborhoods.
Ventnor City Southwest is an urban neighborhood (based on population density) located in Ventnor City, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Ventnor City Southwest 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 Ventnor City Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Ventnor City Southwest. The current real estate vacancy rate here is 31.6%. This is higher than the rate of vacancies in 95.7% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (29.6%). 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.
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 Ventnor City, the Ventnor City Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Ventnor City Southwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Ventnor City Southwest 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.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 31.6% of the residential real estate vacant, the Ventnor City Southwest neighborhood claims the distinction of having a higher vacancy rate than 95.7% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
More people ride the bus in this neighborhood each day to get to work than 95.9% of U.S. neighborhoods.
Did you know that the Ventnor City Southwest neighborhood has more Lithuanian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lithuanian ancestry and 3.3% have British ancestry.
Ventnor City Southwest is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.
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 Ventnor City Southwest neighborhood in Ventnor City are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.9% of the neighborhoods in America. With 20.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.8% of U.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 Ventnor City Southwest neighborhood, 52.8% 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 31.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.3%), and 6.7% in government jobs, whether they are in local, state, or federal positions.
The most common language spoken in the Ventnor City Southwest neighborhood is English, spoken by 81.6% of households. Some people also speak Spanish (4.1%).
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 Ventnor City Southwest neighborhood in Ventnor City, NJ, residents most commonly identify their ethnicity or ancestry as Italian (24.2%). There are also a number of people of Irish ancestry (19.3%), and residents who report Asian roots (10.9%), and some of the residents are also of German ancestry (10.6%), along with some English ancestry residents (4.7%), among others. In addition, 18.3% of the residents of this neighborhood were born in another country.
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 Ventnor City Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (59.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (71.2%) 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 (13.4%) and 11.4% of residents also ride the bus 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.