This is a small community in a single neighborhood.
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What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Carlstadt is a somewhat small borough located in the state of New Jersey. With a population of 6,333 people and just one neighborhood, Carlstadt is the 272nd largest community in New Jersey.
Housing costs in Carlstadt are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Occupations and Workforce
Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Carlstadt is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Carlstadt is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Carlstadt who work in teaching (17.25%), sales jobs (12.88%), and office and administrative support (12.82%).
Also of interest is that Carlstadt has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Despite being a small borough, Carlstadt has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
Demographics
The education level of Carlstadt citizens is substantially higher than the typical US community, as 32.38% of adults in Carlstadt have at least a bachelor's degree.
The per capita income in Carlstadt in 2022 was $49,947, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $199,788 for a family of four. However, Carlstadt contains both very wealthy and poor people as well.
Carlstadt is a very ethnically-diverse borough. The people who call Carlstadt home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Carlstadt residents report their race to be White, followed by Asian. Carlstadt also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.83% of the borough’s residents. Important ancestries of people in Carlstadt include Italian, Irish, Polish, German, and English.
In addition, Carlstadt has a lot of people living here who were born outside of the US (19.91%).
The most common language spoken in Carlstadt is English. Other important languages spoken here include Spanish and Italian.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.
Real Estate
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 42.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.4% of America's neighborhoods.
People
NeighborhoodScout's analysis shows that the neighborhood has a greater concentration of residents currently enrolled in college than 95.0% of the neighborhoods in the U.S. With 10.5% of the population here attending college, this is very much a college-focused neighborhood.
Diversity
Did you know that the neighborhood has more Italian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.3% of this neighborhood's residents have Italian ancestry and 11.1% have Polish ancestry.
is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.2% of the neighborhoods in America.
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 neighborhood in Carlstadt are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.4% of the neighborhoods in America. With 36.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.4% 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 neighborhood, 42.8% 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 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 12.8% 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 neighborhood is English, spoken by 76.2% of households. Other important languages spoken here include Spanish, Italian, Chinese 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 neighborhood in Carlstadt, NJ, residents most commonly identify their ethnicity or ancestry as Italian (26.3%). There are also a number of people of Irish ancestry (11.7%), and residents who report Polish roots (11.1%), and some of the residents are also of Asian ancestry (8.7%), along with some South American ancestry residents (7.5%), among others. In addition, 19.9% 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 neighborhood spend between 15 and 30 minutes commuting one-way to work (50.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.0%) and 14.1% 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.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
