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Real Estate Prices & Overview

Creston Ave / E 182nd St median real estate price is $1,239,426, which is more expensive than 82.8% of the neighborhoods in New York and 94.4% of the neighborhoods in the U.S.

The average rental price in Creston Ave / E 182nd St is currently $3,114, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.6% of New York neighborhoods.

Creston Ave / E 182nd St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Creston Ave / E 182nd 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 Creston Ave / E 182nd 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.

In Creston Ave / E 182nd St, the current vacancy rate is 1.3%, which is a lower rate of vacancies than 90.5% of all neighborhoods in the U.S. This means that the housing supply in Creston Ave / E 182nd St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Creston Ave / E 182nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 152,406 people per square mile, it is more densely populated than 99.9% of America'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 Creston Ave / E 182nd St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 100.0% of the real estate in the Creston Ave / E 182nd St 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 Creston Ave / E 182nd St 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, 89.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2% of American neighborhoods.

Also of note, the Creston Ave / E 182nd St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Creston Ave / E 182nd St neighborhood buck this trend. 77.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Creston Ave / E 182nd St neighborhood about it; they already know. 31.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.7% 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.

In addition, of note, 69.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (23.2% ride the bus) than 99.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 34.9% of the Creston Ave / E 182nd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.3% of residents in the Creston Ave / E 182nd St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Diversity

Did you know that the Creston Ave / E 182nd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.9% of this neighborhood's residents have Dominican ancestry and 8.8% have Puerto Rican ancestry.

Creston Ave / E 182nd St is also pretty special linguistically. Significantly, 59.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.5% of all U.S. neighborhoods.

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 Creston Ave / E 182nd 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 94.1% of U.S. neighborhoods. With 69.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% 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 Creston Ave / E 182nd St neighborhood, 33.3% 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 manufacturing and laborer occupations, with 32.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.8%), and 11.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Creston Ave / E 182nd St neighborhood is Spanish, spoken by 59.0% of households. Some people also speak English (37.1%).

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 Creston Ave / E 182nd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (49.9%). There are also a number of people of Puerto Rican ancestry (8.8%), and residents who report Mexican roots (4.6%), and some of the residents are also of Sub-Saharan African ancestry (4.5%), along with some South American ancestry residents (1.8%), among others. In addition, 42.0% of the residents of this neighborhood were born in another country.

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 Creston Ave / E 182nd St neighborhood spend between 45 minutes and one hour commuting one-way to work (45.1% of working residents), longer and tougher than most commutes in America.

Here most residents (34.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (23.2%) and 12.6% 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.


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