U.S. Census Bureau

U.S. Department of Commerce

and
U.S. Dept. of Housing & Urban Development
Joint Release
                        IMMEDIATE RELEASE
                     MONDAY, OCTOBER 20, 1997

Public Information Office                             CB97-H.04
301-457-3030/301-457-3670 (fax)
301-457-4067 (TTD)
e-mail: pio@census.gov

Ed Montfort
301-763-8551

          Thirty-Two Percent of the Northern New Jersey
        Metropolitan Area's Households Give High Marks to
          Their Neighborhood, Census Bureau Report Says

   About 32 percent of households in the Northern N.J. Metropolitan Area
rated their neighborhood a perfect 10 and a comparable proportion said
their home was "the best place to live," according to a new report
released today by the Commerce Department's Census Bureau and the
Department of Housing and Urban Development (HUD). 

   In the report, American Housing Survey for the Northern NJ
Metropolitan Area in 1995, H170/95-10, respondents were asked to rate
their neighborhood and their house or apartment as a place to live based
on scales of 1 to 10, where 10 is the best and 1 is the worst.

   Of the households in these neighborhoods, 5 percent reported problems
with crime, a comparable proportion reported problems with traffic and 3
percent experienced problems with litter or housing deterioration. 

   Other findings about the Northern N.J. Metropolitan Area: 

   -	The area had 2,442,200 housing units in 1995, of which 2,202,500 were
	occupied (62 percent by owners and 38 percent by renters). 

   -	Single-family homes, at 61 percent of all occupied units, represented
	the predominant housing type in the area. 

   -	The median age of homes in Newark city was 53 years, compared with 39
	years for the remaining area. 

   -	Homes in the area had a median of 2.6 bedrooms. 

   -	Occupied homes in the area had a median of 2.4 persons per unit and a
	median of 5.6 rooms per unit. 

   -	The median monthly housing costs for owners was $976 and for renters
	was $669. Monthly housing costs include mortgage payments or contract
	rent, utilities, fuels, insurance, real estate taxes (for owners)
	and other housing-related expenditures. 

   -	Monthly housing costs that were $1,000 or more accounted for 49
	percent of the owners and 11 percent of the renters. 

   -	The median household income for area homeowners was $58,100; for
	renters, it was $25,900. 

   -	Owners had monthly housing costs that represented a median of 23
	percent of their current income; for renters, it was 31 percent. 

   -	The median value of homeowners' residences in 1995 was $176,700 ,
	down 7 percent from a 1995 constant dollar figure of $190,000 for
	1991. 

   -	Of the 54,000 owner-occupied homes built or purchased during the last
	four years, 84 percent cost $100,000 or more; 36 percent of the
	owners of new homes used savings or cash-on-hand for their down
	payment. 

   Data in the report are shown separately for units with African American
and Hispanic householders. Since data in the report are from a survey,
they are subject to sampling variability. 
-X-
The Census Bureau pre-eminent collector and provider of timely, relevant,
and quality data about the people and economy of the United States. In
over 100 surveys annually and 20 censuses a decade, evolving from the
first census in 1790, the Census Bureau provides official information
about America's people, businesses, industries and institutions. 


Source: U.S. Census Bureau
Public Information Office
301-763-3030

Last Revised: April 11, 2001 at 02:42:59 PM

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