Most Expensive Bronx Neighborhoods
|1||E Tremont Ave / Jerom...|
|3||Bronx River Ave / Eld...|
|5||Sedgwick Ave / Washin...|
|7||Morris Ave / E 171st St|
|8||White Plains Rd / Wat...|
|9||White Plains Rd / Ner...|
|10||Wheeler Ave / Westche...|
Real estate in popular Bronx neighborhoods
Popular real estate near Bronx, NY
Bronx is a very large coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 1,385,108 people and 339 constituent neighborhoods, Bronx is the fourth largest community in New York.
Housing costs in Bronx are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New York.
Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Bronx is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Bronx is a borough of service providers, sales and office workers and professionals. There are especially a lot of people living in Bronx who work in office and administrative support (15.23%), sales jobs (9.91%) and healthcare suport services (7.57%).
Bronx is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Bronx is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.
One of the nice things about Bronx is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Bronx, however, is that residents on average have to contend with a long commute, spending on average 40.18 minutes every day commuting to work. It is, however, a pedestrian-friendly borough. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Bronx is a big city, and with that comes lots of benefits. One benefit is that most big cities have public transit, but Bronx really shines when it comes to the extensiveness and use of its public transit system. More than most large American cities, Bronx citizens use public transit daily to get to and from work. And while there are transportation options, most people in Bronx ride the subway. Whereas in some cities one is destined to sit in traffic every morning to get to work and every evening to get home, in Bronx a lot leave their cars at home (if they even choose to own one), and hop a ride on the subway.
In terms of college education, Bronx is nearly on par with the US average for all cities of 21.84%: 18.02% of adults 25 and older in Bronx have a bachelor's degree or advanced degree.
The per capita income in Bronx in 2010 was $18,048, which is low income relative to New York, and lower middle income relative to the rest of the US. This equates to an annual income of $72,192 for a family of four. However, Bronx contains both very wealthy and poor people as well.
Bronx is an extremely ethnically-diverse borough. The people who call Bronx home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Bronx, accounting for 53.53% of the borough’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Bronx residents report their race to be Black or African-American, followed by White. Important ancestries of people in Bronx include Jamaican and Italian.
Bronx also has a high percentage of its population that was born in another country: 33.47%.
The most common language spoken in Bronx is Spanish. Other important languages spoken here include English and African languages.
|NUMBER OF HOMES AND APARTMENTS||483,449|
|BRONX HOME OWNERSHIP|
|% OWNER OCCUPIED||20.70%|
|% RENTER OCCUPIED||79.30%|
|TYPE OF BRONX HOMES|
|SINGLE FAMILY DETACHED||5.97%|
|ROWHOUSES AND ATTACHED HOMES||4.53%|
|SMALL APARTMENT BUILDINGS||18.35%|
|COMPLEXES OR HIGH RISE APARTMENTS||70.93%|
|SIZE OF BRONX HOMES|
|5 OR MORE BEDROOMS||1.84%|
|AGE OF BRONX HOMES|
|NEWER HOMES (2000 OR LATER)||5.70%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||15.22%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||40.48%|
|HISTORIC (1939 OR BEFORE)||38.61%|
|BRONX REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$353,268|
|MEDIAN RENTAL PRICE||$905|
|HOME VALUE RANGE|
|$0 - $46,000||7.93%|
|$46,001 - $93,000||5.14%|
|$93,001 - $185,000||11.23%|
|$185,001 - $278,000||9.80%|
|$278,001 - $371,000||19.67%|
|$371,001 - $464,000||22.49%|
|$464,001 - $696,000||19.81%|
|$696,001 - $927,000||2.38%|
|PEOPLE OF BRONX||DETAILS|
|UNDER 5 YEARS||7.45%|
|5 TO 17||19.14%|
|18 TO 24||11.65%|
|25 TO 34||14.69%|
|35 TO 54||26.91%|
|55 TO 64||9.64%|
|65 YEARS AND OVER||10.53%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||69.18%|
|MEDIAN HOUSEHOLD INCOME||$34,300|
|PER CAPITA INCOME||$18,048|
|INDIVIDUALS BELOW POVERTY LEVEL||29.32%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (23.60%)
Public Service (3.84%)
Real estate (3.80%)
Professional, scientific, and technical services (3.36%)
Information Technology (2.10%)
|BLACK OR AFRICAN AMERICAN||36.47%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.32%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.09%|
|SOME OTHER RACE ALONE||25.34%|
|TWO OR MORE RACES||5.29%|
|HISPANIC OR LATINO (OF ANY RACE)||53.53%|
|ETHNICITIES PRESENT||Jamaican (4.53%)
|LANGUAGES SPOKEN||Spanish (46.36%)
African languages (2.95%)
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