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Real Estate Prices & Overview

Benedict / Gorthey Corners median real estate price is $270,843, which is less expensive than 77.0% of New York neighborhoods and 65.7% of all U.S. neighborhoods.

The average rental price in Benedict / Gorthey Corners is currently $1,405, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.6% of New York neighborhoods.

Benedict / Gorthey Corners is a rural neighborhood (based on population density) located in Broadalbin, New York.

Benedict / Gorthey Corners real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Benedict / Gorthey Corners neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Benedict / Gorthey Corners. The current real estate vacancy rate here is 40.5%. This is higher than the rate of vacancies in 97.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (35.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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.

Occupations

The Benedict / Gorthey Corners neighborhood has a greater proportion of government workers living in it than 99.1% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Real Estate

Despite all of the residential real estate here in the Benedict / Gorthey Corners neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 40.5%, which is higher than 97.6% of all U.S. neighborhoods.

Diversity

Did you know that the Benedict / Gorthey Corners neighborhood has more Welsh and Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.9% of this neighborhood's residents have Welsh ancestry and 9.0% have Dutch ancestry.

Benedict / Gorthey Corners is also pretty special linguistically. Significantly, 8.8% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.5% 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 Benedict / Gorthey Corners neighborhood in Broadalbin are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.2% of U.S. neighborhoods. With 24.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.0% 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 Benedict / Gorthey Corners neighborhood, 37.3% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.2%), and 20.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Benedict / Gorthey Corners neighborhood is English, spoken by 98.3% of households. Some people also speak Polish (8.8%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Benedict / Gorthey Corners neighborhood in Broadalbin, NY, residents most commonly identify their ethnicity or ancestry as Italian (15.1%). There are also a number of people of Welsh ancestry (9.9%), and residents who report Irish roots (9.9%), and some of the residents are also of Dutch ancestry (9.0%), along with some German ancestry residents (8.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Benedict / Gorthey Corners neighborhood spend between 15 and 30 minutes commuting one-way to work (43.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (84.7%) 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 (6.6%) . 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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