Monsey East median real estate price is $934,724, which is more expensive than 71.5% of the neighborhoods in New York and 89.3% of the neighborhoods in the U.S.
The average rental price in Monsey East is currently $3,458, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.5% of the neighborhoods in New York.
Monsey East is a densely urban neighborhood (based on population density) located in Monsey, New York.
Monsey East real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Monsey East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.5% in Monsey East. NeighborhoodScout analysis shows that this rate is lower than 57.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
Real Estate
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Monsey East neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 54.5% of the real estate here is made up of such dwellings, which is higher than 98.8% of all U.S. neighborhoods.
In addition, the Monsey East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,156 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Monsey East neighborhood. A whopping 67.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 95.4% of the neighborhoods in the U.S. Everything here just feels new.
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 Monsey East neighborhood has a highly unusual pattern of car ownership. 37.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.
People
One of the really interesting characteristics about the Monsey East neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.0% of college-friendly places to live in the state of New York.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.6% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Monsey East neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Also, of note, 56.1% 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.
Finally, neighborhoodScout's exclusive research revealed that 93.5% of the adult residents in the Monsey East neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.7% of the neighborhoods in America.
Modes of Transportation
In the Monsey East 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 13.2% of residents here. This is a higher proportion of walking commuters than we found in 96.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, our research shows that more people carpool to work here in the Monsey East (23.2%) than in 96.0% of the neighborhoods in America.
Finally, our research revealed that more commuters here take the bus to work (11.2% ride the bus) than 95.5% 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.
Diversity
Did you know that the Monsey East neighborhood has more Hungarian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.4% of this neighborhood's residents have Hungarian ancestry and 5.1% have Romanian ancestry.
Monsey East is also pretty special linguistically. Significantly, 91.0% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 100.0% 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 Monsey East neighborhood in Monsey are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 93.3% of U.S. neighborhoods. With 56.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.9% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Monsey East neighborhood, 50.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 24.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 2.4% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Monsey East neighborhood is German/Yiddish, spoken by 91.0% of households. Some people also speak English (8.0%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Monsey East neighborhood in Monsey, NY, residents most commonly identify their ethnicity or ancestry as Hungarian (27.4%). There are also a number of people of Polish ancestry (16.6%), and residents who report Romanian roots (5.1%), and some of the residents are also of Austrian ancestry (1.8%), along with some Arab ancestry residents (1.5%), among others.
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 Monsey East neighborhood spend under 15 minutes commuting one-way to work (44.2% of working residents), one of the shortest commutes across America.
Here most residents (39.9%) 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 (23.2%) and 13.2% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
