Real Estate Prices and Overview
Melrose median real estate prices are $210,791, which is more expensive than 34.8% of the neighborhoods
in New York and 63.7% of the
neighborhoods in the U.S.
Average rental prices in Melrose are currently
$818, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 64.1% of New York neighborhoods.
Melrose is a densely urban neighborhood (based on population
density) located in Bronx, New York.
Melrose real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings.
Most of the residential real estate is renter occupied. Many of
the residences in the Melrose neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 11.3% in
Melrose. NeighborhoodScout analysis shows that this rate is lower
than 40.0% of the neighborhoods in the nation, approximately
near the middle range for vacancies.
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: Car Ownership
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the Melrose neighborhood have a highly unusual car ownership.
76.9% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.8% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Melrose neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 18.2% of
this neighborhood's residents have Dominican ancestry and 27.1% have Puerto Rican ancestry.
Melrose is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily
speak African languages at home. While this may seem like a small percentage, it is higher
than 98.0% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(33.6% ride the bus) than 99.3% 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
Also, if you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 41.4% of the
Melrose neighborhood's commuters ride the train to and from work each
day, which is more than we found in 98.3% of America's
Notable & Unique: Real Estate
The Melrose neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 50,264 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation's neighborhoods.
In addition, the real estate in the Melrose neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 86.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.1% of American neighborhoods.
Furthermore, 89.4% of the real estate in the Melrose neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Melrose neighborhood. A whopping 50.0% 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 96.3% of the neighborhoods in the U.S. Everything here just feels new.
Finally, the Melrose neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.4% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
Melrose neighborhood about it; they already know. 20.8%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 97.5%
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.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Melrose
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Melrose neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
8.6% of commuters here travel more than one hour just one-way
to work. That is more than two hours per day. This percentage with two-hour +
round-trip commutes is higher than NeighborhoodScout found in 95.9%
of all neighborhoods in America.
The Neighbors: Income
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 Melrose neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 87.0% of U.S. neighborhoods.
With 20.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 59.6%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Melrose neighborhood, 33.0%
of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.4% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(21.6%), and 20.0% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Melrose neighborhood in Bronx, NY, residents
most commonly identify their ethnicity or ancestry as Puerto Rican
(27.1%). There are also a number of people of Dominican ancestry (18.2%) , and residents who report Sub-Saharan African roots (6.8%) , and some of the residents are also of African ancestry (6.2%) , along with some Mexican ancestry residents (4.8%), among others. In addition, 28.0% 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 Melrose
neighborhood is Spanish, spoken by 57.5% of households. Other important languages spoken here include English, African languages, French and Korean.
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 Melrose neighborhood spend
between 30 and 45 minutes commuting one-way to work (39.7% of working
residents), which is at or a bit above the average length of a commute across all U.S.
neighborhoods. However, there is also a significant group of residents (8.6%) who
commute over an hour in each direction.
Here most residents (41.4%) take the train to get to work.
In addition, quite a number also ride the bus to get to work (33.6%) and 10.4% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take
the train to work each day, which can be a very good way to get to work at
a lower cost and with less pollution.