Real Estate Prices and Overview
Albany College of Pharmacy and Health Sciences / Notre Dame Dr median real estate prices are $119,710, which is less expensive than 80.4% of New York neighborhoods
and 66.6% of all U.S. neighborhoods.
Average rental prices in Albany College of Pharmacy and Health Sciences / Notre Dame Dr are currently
$682, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 73.2% of New York neighborhoods.
Albany College of Pharmacy and Health Sciences / Notre Dame Dr is an urban neighborhood (based on population
density) located in Albany, New York.
Albany College of Pharmacy and Health Sciences / Notre Dame Dr real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr 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.
Vacant apartments or homes are a major fact of life in
Albany College of Pharmacy and Health Sciences / Notre Dame Dr. The current real estate vacancy rate here is 26.2%.
This is higher than the rate of vacancies in 91.7% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually 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.
Notable & Unique: Diversity
Significantly, 3.1% of its residents five years old and above primarily
speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher
than 99.2% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If your dream is to be able to ride your bike to work each day, look no
further than this unique neighborhood. With 9.0% of residents in
the Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood commuting on a bicycle to and
from work daily, this neighborhood has more bicycle commuters than
99.2% of all neighborhoods in the U.S., according to
NeighborhoodScout's exclusive analysis.
Also, more people in Albany College of Pharmacy and Health Sciences / Notre Dame Dr choose to walk to work each day
(23.7%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: People
NeighborhoodScout's analysis shows that the Albany College of Pharmacy and Health Sciences / Notre Dame Dr
neighborhood has a greater concentration of residents currently enrolled
in college than 97.9% of the neighborhoods in the U.S. With
23.2% of the population here attending college, this is very
much a college-focused neighborhood.
Notable & Unique: 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood has
a highly unusual pattern of car ownership.
25.1% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
95.8% of U.S. neighborhoods.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 95.0% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Real Estate
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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr 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, 62.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.2% of America's neighborhoods.
Furthermore, 91.0% of the real estate in the Albany College of Pharmacy and Health Sciences / Notre Dame Dr 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 73.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.3% of the neighborhoods in the United States.
The Neighbors: Income
There are two complimentary 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood in Albany are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 86.6% of U.S. neighborhoods.
With 21.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 61.4%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood, 37.5%
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 27.9% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(26.1%), and 8.5% in manufacturing and laborer occupations.
The Neighbors: 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood in Albany, NY, residents
most commonly identify their ethnicity or ancestry as Asian
(13.1%). There are also a number of people of Italian ancestry (6.0%) , and residents who report Irish roots (3.7%) , and some of the residents are also of Puerto Rican ancestry (3.5%) , along with some Sub-Saharan African ancestry residents (2.7%), among others. In addition, 21.3% of the residents of this neighborhood were born in another country.
The Neighbors: 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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr
neighborhood is English, spoken by 76.1% of households. Other important languages spoken here include Tagalog (the first language of the Philippine region), Spanish, South Asian languages and Urdu (the national language of Pakistan).
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 Albany College of Pharmacy and Health Sciences / Notre Dame Dr neighborhood spend
under 15 minutes commuting one-way to work (54.8% of working
residents), one of the shortest commutes across America.
Here most residents (35.7%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (23.7%) and 12.5% of residents also carpool with coworkers, friends, or neighbors 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.