Bronx River Ave / E 173rd St median real estate price is $1,082,726, which is more expensive than 75.3% of the neighborhoods in New York and 91.2% of the neighborhoods in the U.S.
The average rental price in Bronx River Ave / E 173rd St is currently $2,644, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.5% of New York neighborhoods.
Bronx River Ave / E 173rd St is a densely urban neighborhood (based on population density) located in Bronx, New York.
Bronx River Ave / E 173rd St 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 Bronx River Ave / E 173rd St 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.
Home and apartment vacancy rates are 9.0% in Bronx River Ave / E 173rd St. NeighborhoodScout analysis shows that this rate is lower than 41.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bronx, the Bronx River Ave / E 173rd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Bronx River Ave / E 173rd St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 54,448 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Bronx River Ave / E 173rd St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Bronx River Ave / E 173rd St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 37.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.6% of America's neighborhoods.
Furthermore, 87.0% of the real estate in the Bronx River Ave / E 173rd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Bronx River Ave / E 173rd St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.9% of the neighborhoods in the United States.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 38.6% of the Bronx River Ave / E 173rd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.8% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 98.4% of U.S. neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Bronx River Ave / E 173rd St neighborhood have a highly unusual car ownership. 31.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
The Bronx River Ave / E 173rd St neighborhood has a greater percentage of children living in poverty (60.2%) than found in 97.0% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Did you know that the Bronx River Ave / E 173rd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.8% of this neighborhood's residents have Dominican ancestry and 22.7% have Puerto Rican ancestry.
Bronx River Ave / E 173rd St is also pretty special linguistically. Significantly, 65.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Bronx River Ave / E 173rd St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Bronx River Ave / E 173rd St 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 85.3% of U.S. neighborhoods. With 60.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.0% 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 Bronx River Ave / E 173rd St neighborhood, 31.4% 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 executive, management, and professional occupations, with 30.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (26.2%), and 11.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Bronx River Ave / E 173rd St neighborhood is Spanish, spoken by 65.5% of households. Some people also speak English (26.4%).
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 Bronx River Ave / E 173rd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (28.8%). There are also a number of people of Puerto Rican ancestry (22.7%), and residents who report South American roots (9.0%), and some of the residents are also of Mexican ancestry (6.6%), along with some Asian ancestry residents (4.2%), among others. In addition, 40.7% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Bronx River Ave / E 173rd St neighborhood spend between 45 minutes and one hour commuting one-way to work (41.0% of working residents), longer and tougher than most commutes in America.
Here most residents (38.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.1%) and 18.1% of residents also ride the bus 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.