E 140th St / Jackson Ave median real estate price is $965,484, which is more expensive than 72.9% of the neighborhoods in New York and 90.1% of the neighborhoods in the U.S.
The average rental price in E 140th St / Jackson Ave is currently $2,257, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.9% of New York neighborhoods.
E 140th St / Jackson Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.
E 140th St / Jackson Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the E 140th St / Jackson Ave neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In E 140th St / Jackson Ave, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 81.9% of all neighborhoods in the U.S. This means that the housing supply in E 140th St / Jackson Ave is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Modes of Transportation
In the E 140th St / Jackson Ave neighborhood, 60.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.9% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.3% of U.S. neighborhoods.
Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 83,217 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 140th St / Jackson Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, 97.7% of the real estate in the E 140th St / Jackson Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the E 140th St / Jackson Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 82.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.1% of American neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the E 140th St / Jackson Ave neighborhood has a highly unusual pattern of car ownership. 53.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.
People
The E 140th St / Jackson Ave neighborhood stands out for having an average per capita income lower than 97.0% of the neighborhoods in the United States.
In addition, single parenting is hard. But you don't have to tell the E 140th St / Jackson Ave neighborhood about it; they already know. 17.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.3% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the E 140th St / Jackson Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.4% of all American neighborhoods.
Diversity
Did you know that the E 140th St / Jackson Ave neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.4% of this neighborhood's residents have Dominican ancestry and 23.5% have Puerto Rican ancestry.
E 140th St / Jackson Ave is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.8% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. 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. 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.
The neighbors in the E 140th St / Jackson Ave neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.0% of U.S. neighborhoods. With 51.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.7% 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 E 140th St / Jackson Ave neighborhood, 39.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 35.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (13.4%), and 11.3% in manufacturing and laborer occupations.
Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the E 140th St / Jackson Ave neighborhood is Spanish, spoken by 61.1% of households. Other important languages spoken here include English and African languages.
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 E 140th St / Jackson Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.5%). There are also a number of people of Dominican ancestry (18.4%), and residents who report Mexican roots (12.8%), and some of the residents are also of Sub-Saharan African ancestry (5.0%), along with some South American ancestry residents (4.8%), among others. In addition, 32.6% of the residents of this neighborhood were born in another country.
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 E 140th St / Jackson Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (45.8% of working residents), longer and tougher than most commutes in America.
Here most residents (60.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (15.1%) and 10.7% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.
