Grand Concourse / E 167th St median real estate price is $166,330, which is less expensive than 91.3% of New York neighborhoods and 85.9% of all U.S. neighborhoods.
The average rental price in Grand Concourse / E 167th St is currently $2,973, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.1% of New York neighborhoods.
Grand Concourse / E 167th St is a densely urban neighborhood (based on population density) located in Bronx, New York.
Grand Concourse / E 167th 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 Grand Concourse / E 167th 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 2000 and the present.
Real estate vacancies in Grand Concourse / E 167th St are 4.7%, which is lower than one will find in 67.1% of American neighborhoods. Demand for real estate in Grand Concourse / E 167th St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Grand Concourse / E 167th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 172,974 people per square mile, it is more densely populated than 100.0% 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 Grand Concourse / E 167th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the Grand Concourse / E 167th 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, 88.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
Furthermore, the Grand Concourse / E 167th 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 88.3% 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.
Also of note, 89.4% of the real estate in the Grand Concourse / E 167th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
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 Grand Concourse / E 167th St neighborhood has a highly unusual pattern of car ownership. 71.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
In the Grand Concourse / E 167th St neighborhood, 41.2% 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 99.0% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.
Finally, in the Grand Concourse / E 167th St neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.0% of residents here. This is a higher proportion of walking commuters than we found in 96.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Did you know that the Grand Concourse / E 167th St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 44.9% of this neighborhood's residents have Dominican ancestry and 9.4% have Puerto Rican ancestry.
Grand Concourse / E 167th St is also pretty special linguistically. Significantly, 3.3% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Grand Concourse / E 167th St neighborhood. What is interesting to note, is that the Grand Concourse / E 167th St neighborhood has a greater percentage of residents born in another country (44.2%) than are found in 95.7% of all U.S. neighborhoods.
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 Grand Concourse / E 167th 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 87.7% of U.S. neighborhoods. With 25.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.4% 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 Grand Concourse / E 167th St neighborhood, 34.2% 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 24.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.9%), and 16.4% 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 Grand Concourse / E 167th St neighborhood is Spanish, spoken by 63.6% of households. Other important languages spoken here include English, Native American languages, African languages and French.
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 Grand Concourse / E 167th St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (44.9%). There are also a number of people of Puerto Rican ancestry (9.4%), and residents who report South American roots (5.0%), and some of the residents are also of Asian ancestry (4.4%), along with some Jamaican ancestry residents (3.7%), among others. In addition, 44.2% 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 Grand Concourse / E 167th St neighborhood spend between 30 and 45 minutes commuting one-way to work (36.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (41.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.6%) and 15.7% 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.
