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Real Estate Prices & Overview

Town Center / Lomala median real estate price is $506,571, which is more expensive than 40.3% of the neighborhoods in New York and 65.8% of the neighborhoods in the U.S.

The average rental price in Town Center / Lomala is currently $3,473, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.9% of the neighborhoods in New York.

Town Center / Lomala is a suburban neighborhood (based on population density) located in Hopewell Junction, New York.

Town Center / Lomala real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Town Center / Lomala neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Town Center / Lomala are 4.5%, which is lower than one will find in 70.3% of American neighborhoods. Demand for real estate in Town Center / Lomala 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 Hopewell Junction, the Town Center / Lomala neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Town Center / Lomala has the amazing distinction of housing more same sex couples living together than 98.9% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, the Town Center / Lomala neighborhood is a great option for families, as revealed by NeighborhoodScout's research on this neighborhood. The combination of top public schools, low crime rates, and owner-occupied single family homes, make this neighborhood among the top 7.6% of family-friendly neighborhoods in the state of New York. Many other families also live here, making it easy to socialize and develop a sense of community. In addition, families here highly value education, as is reflected by the strength of the local schools.

Diversity

Did you know that the Town Center / Lomala neighborhood has more Italian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.6% of this neighborhood's residents have Italian ancestry and 3.9% have Dominican 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 Town Center / Lomala neighborhood in Hopewell Junction are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.2% of the neighborhoods in America. In addition, 7.8% 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 56.5% of America'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 Town Center / Lomala neighborhood, 44.4% 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 27.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.2%), and 10.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Town Center / Lomala neighborhood is English, spoken by 87.4% of households. Some people also speak Spanish (8.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Town Center / Lomala neighborhood in Hopewell Junction, NY, residents most commonly identify their ethnicity or ancestry as Italian (29.6%). There are also a number of people of Irish ancestry (21.2%), and residents who report German roots (12.9%), and some of the residents are also of Asian ancestry (5.5%), along with some South American ancestry residents (5.1%), among others. In addition, 10.3% 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 Town Center / Lomala neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (74.8%) 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 (7.3%) and 7.0% of residents also take the train 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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Economics & Demographics include:
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Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Schools include:
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