![]() ![]() NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.0% of the neighborhoods in America. The neighbors in the Highland Park neighborhood in Manchester are wealthy, making it among the 15% highest income neighborhoods in America. 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. 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. There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. This means that the housing supply in Highland Park is very tight compared to the demand for property here. In Highland Park, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 88.0% of all neighborhoods in the U.S. A number of residences were also built between 19. Many of the residences in the Highland Park neighborhood are older, well-established, built between 19. Most of the residential real estate is owner occupied. ![]() Highland Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Highland Park is a suburban neighborhood (based on population density) located in Manchester, Connecticut. Rents here are currently lower in price than 62.8% of Connecticut neighborhoods. The average rental price in Highland Park is currently $2,113, based on NeighborhoodScout's exclusive analysis. Highland Park median real estate price is $315,866, which is more expensive than 41.9% of the neighborhoods in Connecticut and 51.0% of the neighborhoods in the U.S. 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) Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). 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. 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. Because census tracts are based on population, they vary in size depending on the density of settlement. 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. Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. 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). AD might want to limit how much money they put into the division if there's even a chance something might happen to it.NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.Ĭensus tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. What I mentioned on one other post is that there is now speculation about a potential Ahold Delhaize-Albertsons merger, and that would mean NJ's Stop & Shops might be in jeopardy, whether that means a conversion of all the ACMEs to Stop & Shop, or the other way, or selling one of the divisions, or whatever - if that deal even goes through. The only issue with selling the NJ area stores as a single unit is that they'd likely want to include NYC proper, where they seem to be struggling with store closures and poorly remodeled stores, But then they're quite strong on Long Island (and, to a certain extent, Staten Island) - which would leave an awkward geographical setup. Although since then they've developed smaller format prototypes (such as bfresh in Brighton/Somerville, MA, Stop & Shop in Newton, MA, and even the Giant Heirloom Markets in Philadelphia), it just doesn't seem that Stop & Shop wants to put too much time and effort into the NYC metro market - which brings us to your second point, about S&S in NJ. Remember that they were supposed to replace the store, but the neighborhood objected to a large, suburban-style Stop & Shop being built. That's fair - I also think Stop & Shop hasn't updated the JC store because they don't want small-format stores.
0 Comments
Leave a Reply. |