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Real Estate Prices & Overview

Spring Valley East median real estate price is $362,781, which is less expensive than 69.2% of New York neighborhoods and 49.9% of all U.S. neighborhoods.

The average rental price in Spring Valley East is currently $2,731, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.2% of New York neighborhoods.

Spring Valley East is a densely urban neighborhood (based on population density) located in Spring Valley, New York.

Spring Valley East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Spring Valley East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Spring Valley East has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.4% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the Spring Valley East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.6% of commuters carpool here, which is more than in 99.0% of all U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Spring Valley East neighborhood about it; they already know. 21.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.6% 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.

Real Estate

If you love row houses and attached homes, you will probably really like the Spring Valley East neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 24.4% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Spring Valley East neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 39.1% of this neighborhood's residents have South American ancestry and 19.9% have Dominican ancestry.

Spring Valley East is also pretty special linguistically. Significantly, 6.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.

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 Spring Valley East neighborhood in Spring Valley are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.6% of U.S. neighborhoods. In addition, 9.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.3% of America'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 Spring Valley East neighborhood, 37.3% 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 29.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.6%), and 10.7% in executive, management, and professional 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 Spring Valley East neighborhood is Spanish, spoken by 69.4% of households. Other important languages spoken here include English and French.

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 Spring Valley East neighborhood in Spring Valley, NY, residents most commonly identify their ethnicity or ancestry as South American (39.1%). There are also a number of people of Dominican ancestry (19.9%), and residents who report Puerto Rican roots (5.7%), and some of the residents are also of Haitian ancestry (4.4%), along with some Irish ancestry residents (2.6%), among others. In addition, 37.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 Spring Valley East neighborhood spend between 15 and 30 minutes commuting one-way to work (43.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (53.8%) 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 (30.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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