Real Estate Prices and Overview
Morris Ave / E 171st St median real estate prices are $336,400, which is more expensive than 50.1% of the neighborhoods
in New York and 82.0% of the
neighborhoods in the U.S.
Average rental prices in Morris Ave / E 171st St are currently
$1,089, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 51.9% of New York neighborhoods.
Morris Ave / E 171st St is a densely urban neighborhood (based on population
density) located in Bronx, New York.
Morris Ave / E 171st St 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 Morris Ave / E 171st St 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.
Real estate vacancies in Morris Ave / E 171st St are 5.5%,
which is lower than one will find in 73.2% of American
neighborhoods. Demand for real estate in Morris Ave / E 171st St
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Bronx,
the Morris Ave / E 171st St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 111,181 people per square mile, it is more densely populated than 99.8% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Morris Ave / E 171st St neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Morris Ave / E 171st St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.4%, which is higher than 98.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, one of the really unique and interesting things about the look and setting of the Morris Ave / E 171st St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.
Also of note, the Morris Ave / E 171st St 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 82.4% 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.
Finally, 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 Morris Ave / E 171st St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 78.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.1% of the neighborhoods in the United States.
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 Morris Ave / E 171st St neighborhood has
a highly unusual pattern of car ownership.
78.7% 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 Morris Ave / E 171st St neighborhood has more
Dominican and Sub-Saharan African ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 31.3% of
this neighborhood's residents have Dominican ancestry and 12.0% have Sub-Saharan African ancestry.
Morris Ave / E 171st St is also pretty special linguistically. Significantly, 6.4% 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 99.3% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 58.2% of the
Morris Ave / E 171st St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 99.3% of America's
Also, our research revealed that more commuters here take the bus to work
(16.3% ride the bus) than 95.3% 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
Notable & Unique: People
Whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Morris Ave / E 171st St neighborhood has more single mother
households than 97.5% of the neighborhoods in the U.S.
Often high concentrations of single mother homes can be a strong indicator
of family and social issues such as poverty, high rates of school dropouts,
crime, and other societal problems.
Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
What is interesting to note, is that the Morris Ave / E 171st St
neighborhood has a greater percentage of residents born in another country
(47.4%) than are found in 97.0% of all U.S. neighborhoods.
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 Morris Ave / E 171st St neighborhood in Bronx are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 82.7% of U.S. neighborhoods.
With 35.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 79.6%
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 Morris Ave / E 171st St neighborhood, 40.0%
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 26.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(26.1%), and 7.1% in executive, management, and professional 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 Morris Ave / E 171st St neighborhood in Bronx, NY, residents
most commonly identify their ethnicity or ancestry as Dominican
(31.3%). There are also a number of people of Puerto Rican ancestry (15.7%) , and residents who report Sub-Saharan African roots (12.0%) , and some of the residents are also of Mexican ancestry (8.5%) , along with some African ancestry residents (4.2%), among others. In addition, 47.4% 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 Morris Ave / E 171st St
neighborhood is Spanish, spoken by 58.3% of households. Other important languages spoken here include English, African languages and Arabic.
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 Morris Ave / E 171st St neighborhood spend
between 45 minutes and one hour commuting one-way to work (34.2% of working
residents), longer and tougher than most commutes in America.
Here most residents (58.2%) take the train to get to work.
In addition, quite a number also ride the bus to get to work (16.3%) and 8.0% 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.