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Real Estate Prices & Overview

Middletown South median real estate price is $1,059,915, which is more expensive than 90.7% of the neighborhoods in New Jersey and 91.8% of the neighborhoods in the U.S.

The average rental price in Middletown South is currently $3,992, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.5% of the neighborhoods in New Jersey.

Middletown South is a suburban neighborhood (based on population density) located in Middletown, New Jersey.

Middletown South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Middletown South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Middletown South, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 92.0% of all neighborhoods in the U.S. This means that the housing supply in Middletown South is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the Middletown South neighborhood, 3.6% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.7% of the neighborhoods in America.

People

According to NeighborhoodScout's exclusive analysis, Middletown South is among the best neighborhoods for families in New Jersey. In fact, this neighborhood is more family-friendly than 99.4% of neighborhoods in the entire state of New Jersey. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Middletown South neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.

In addition, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 2.3% of America's neighborhoods are wealthier than the Middletown South neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Real Estate

One way that the Middletown South neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

In addition, owner-occupied real estate dominates the Middletown South neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 98.9% of neighborhoods in America.

Furthermore, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Middletown South neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 95.9% of all American neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Middletown South neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 17.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.1% of all neighborhoods in America.

Diversity

Did you know that the Middletown South neighborhood has more Italian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.9% of this neighborhood's residents have Italian ancestry and 3.7% have Greek 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 Middletown South neighborhood in Middletown 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 97.7% of the neighborhoods in America. In addition, 7.6% 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 57.1% 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 Middletown South neighborhood, 65.8% 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 18.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.8%), and 5.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Middletown South neighborhood is English, spoken by 88.2% of households. Some people also speak Spanish (5.0%).

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 Middletown South neighborhood in Middletown, NJ, residents most commonly identify their ethnicity or ancestry as Italian (28.9%). There are also a number of people of Irish ancestry (23.9%), and residents who report German roots (16.0%), and some of the residents are also of Polish ancestry (8.2%), along with some English ancestry residents (5.3%), 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 Middletown South neighborhood spend between 15 and 30 minutes commuting one-way to work (28.3% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (17.0%) who commute over an hour in each direction.

Here most residents (61.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.4%) and 5.8% 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.


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