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Real Estate Prices & Overview

Lanning Square median real estate price is $126,447, which is less expensive than 98.6% of New Jersey neighborhoods and 91.4% of all U.S. neighborhoods.

The average rental price in Lanning Square is currently $1,899, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.9% of New Jersey neighborhoods.

Lanning Square is an urban neighborhood (based on population density) located in Camden, New Jersey.

Lanning Square real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lanning Square neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Lanning Square has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Camden, the Lanning Square neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Lanning Square neighborhood could be your paradise. With 68.0% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Lanning Square neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Lanning Square neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.6% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (24.3% ride the bus) than 99.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Lanning Square neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.3% of commuters carpool here, which is more than in 95.3% of all U.S. neighborhoods.

People

Of particular note, 12.8% of the people in the Lanning Square neighborhood currently reside in a correction facility, held due to punishment for a crime.

In addition, the Lanning Square neighborhood is unique for having just 6.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 95.4% of America's neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Lanning Square neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.2% of all American neighborhoods.

Diversity

Did you know that the Lanning Square neighborhood has more Puerto Rican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.4% of this neighborhood's residents have Puerto Rican ancestry and 4.5% have Haitian 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 Lanning Square neighborhood in Camden are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 91.7% of U.S. neighborhoods. With 29.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Lanning Square neighborhood, 39.5% 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 manufacturing and laborer occupations, with 25.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.1%), and 11.8% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Lanning Square neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include Spanish and Langs. of India.

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 Lanning Square neighborhood in Camden, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (20.4%). There are also a number of people of Mexican ancestry (11.3%), and residents who report Sub-Saharan African roots (5.8%), and some of the residents are also of African ancestry (5.8%), along with some German ancestry residents (4.5%), among others. In addition, 10.0% 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 Lanning Square neighborhood spend between 15 and 30 minutes commuting one-way to work (39.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (48.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.3%) and 22.3% 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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