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Atlantic City New Jersey Real Estate By Jennifer Hershey

Atlantic City New Jersey Real Estate

Atlantic City, New Jersey, is located in Atlantic County, 30 miles E of Vineland, New Jersey and 57 miles SE of Philadelphia, Pennsylvania. Atlantic City has a population of 40,517.

Atlantic City Homes

Atlantic City properties pool is 15,848 residential properties including Atlantic City new homes. Median age of real estate in Atlantic City is 1961. Average Household size is 3.26 people. 13% are one bedroom homes, 18% are 2 bedroom homes, 45% are 3 bedroom homes, 13% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Atlantic City Mortgage Statistics

Atlantic City mortgages vs. USA median statistics

Homes Atlantic City USA
Homes With No Mortgage 37%
30%
Homes With Mortgage 63%
70%
First Mortgage Only 48%
54%
First & Second Mortgage or HELOC 15%
16%

Atlantic City Area Real Estate Tax

Atlantic City Real estate Tax: Median Real Estate Taxes (2000) were $1,817 comparing to 1999 Median Family income $ 31,997. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Atlantic City School District: Children make up 25.7% of Atlantic City population. Atlantic City has 10,427 under 18 years old residents, or 0.71 kids per one worker, or 0.66 kids per one household.

Atlantic City Real Estate & Atlantic City Homeownership

There are 5863.76 or 37% one person households, 3962 or 25% two person households, and 2377.2 or 15% three person households in Atlantic City, New Jersey. Median residents age is 34.7, Senior citizens (65+) make up 5,734 or 14.2%% of Atlantic City population.

There are 14,639 workers (over 16 years of age) in Atlantic City. Of these, 46.66% drive to work. Approximately 27.94% of workers in Atlantic City take public transportation. An estimated 21.03% walk to work.

Median Atlantic City homeowner's housing expences are 21%

Crime in Atlantic City (2003), crimes per 10,000 residents per year

Type of Crime Atlantic City USA, 2003
Violent Crimes
148.09
47.5
Robberies
68.12
14.2
Aggravated Assaults
73.06
29.5
Property Crimes
1198.02
358.8
Burglaries
147.1
74.0
Larceny-Thefts
1010.44
241.5
Motor Vehicle Thefts
40.48
43.3

Invest in Atlantic City Properties

When making a decision about buying real estate in Atlantic City New Jersey area, you should consider following statistical data:

Category Atlantic City USA
Near Medium City
Vineland, New Jersey
-
Near Large City
Philadelphia, Pennsylvania
-
Atlantic City Zip Codes
08401, 08402, 08403, 08406
-
Atlantic City Area Codes
609
-
White population
26.68%
75.1%
African-American population
44.16%
12.3%
Asian
10.4%
3.6%
American Indian & Alaskan
0.48%
0.9%
Hispanic (of any race)
24.95%
12.5%
Median Family Income (1999)
$ 31,997%
$42,000
Population Below Poverty Level
23.27%
12.4%

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