Most Expensive Bronx Neighborhoods
|2||E Tremont Ave / Jerome Ave|
|3||Bronx River Ave / Elder Ave|
|5||Sedgwick Ave / Washington Bridge|
|7||Morris Ave / E 171st St|
|8||White Plains Rd / Watson Ave|
|9||White Plains Rd / Nereid Ave|
|10||Wheeler Ave / Westchester Ave|
Real estate in popular Bronx neighborhoods
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.
Bronx is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-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%).
One thing noticeable about Bronx, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Bronx is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Bronx a great place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun. In fact, Bronx is one of the top larger cities in America for educated single professionals to flock.
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.
In Bronx, however, the average commute to work is quite long. On average, people spend 40.18 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the borough is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Bronx, like many big cities in America, has a public transportation system, but the citizens of Bronx are lucky because theirs is one of the most extensive and widely used. Many commuters choose to leave their cars at home and instead use the subway to get to and from work. In fact, for some people it is feasible to forgo car ownership entirely, avoiding the cost and headache of driving in heavy traffic. The benefits include reduced air pollution and load on the road network.
The education level of Bronx citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 18.02% of adults 25 and older in Bronx have a college 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.
Foreign born people are also an important part of Bronx's cultural character, accounting for 33.47% of the borough’s population.
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||$358,174|
|MEDIAN RENTAL PRICE||$917|
|HOME VALUE RANGE|
|$0 - $47,000||7.93%|
|$47,001 - $94,000||5.14%|
|$94,001 - $188,000||11.23%|
|$188,001 - $282,000||9.80%|
|$282,001 - $376,000||19.67%|
|$376,001 - $470,000||22.49%|
|$470,001 - $705,000||19.81%|
|$705,001 - $940,000||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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