Real Estate Prices and Overview
Morrisania median real estate prices are $394,004, which is more expensive than 59.3% of the neighborhoods
in New York and 86.9% of the
neighborhoods in the U.S.
Average rental prices in Morrisania are currently
$907, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 65.5% of New York neighborhoods.
Morrisania is a densely urban neighborhood (based on population
density) located in Bronx, New York.
Morrisania 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 Morrisania neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Morrisania has a 11.7% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
61.9% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Morrisania neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Morrisania neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 22.9% of
this neighborhood's residents have Dominican ancestry and 22.3% have Puerto Rican ancestry.
Morrisania is also pretty special linguistically. Significantly, 3.4% 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 97.9% of the neighborhoods in America.
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 Morrisania neighborhood have a highly unusual car ownership.
69.7% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.6% of U.S. neighborhoods.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
Morrisania neighborhood about it; they already know. 28.0%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.5%
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: Modes of Transportation
Our research revealed that more commuters here take the bus to work
(29.0% ride the bus) than 98.8% 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, in the Morrisania neighborhood, 34.8% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 97.9% of the
neighborhoods in America.
Notable & Unique: Real Estate
The Morrisania neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 46,888 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many
people enjoy being able to walk in their neighborhood. What many people
don't realize is that most of America's premier vacation locations are
also very walkable. The Morrisania neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
In addition, 96.2% of the real estate in the Morrisania neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Morrisania neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 86.4% 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 98.1% of all neighborhoods in America.
Also of note, the Morrisania 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 85.4% 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: Length of Commute
Regardless of the means by which residents commute, this neighborhood has
a length of commute that is notable.
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Morrisania neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
9.7% 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 97.1%
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 Morrisania 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 94.0% of U.S. neighborhoods.
With 46.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 88.4%
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 Morrisania neighborhood, 41.0%
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
clerical, assistant, and tech support occupations, with 22.5% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(20.0%), and 16.5% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
In the Morrisania neighborhood in Bronx, NY, residents
most commonly identify their ethnicity or ancestry as Dominican
(22.9%). There are also a number of people of Puerto Rican ancestry (22.3%) , and residents who report Sub-Saharan African roots (4.6%) , and some of the residents are also of South American ancestry (1.8%) , along with some Haitia ancestry residents (1.7%), among others. In addition, 25.1% 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 Morrisania
neighborhood is Spanish, spoken by 47.5% of households. Other important languages spoken here include English, African languages, French and Chinese.
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 Morrisania neighborhood spend
between 45 minutes and one hour commuting one-way to work (39.7% of working
residents), longer and tougher than most commutes in America.
Here most residents (34.8%) take the train to get to work.
In addition, quite a number also ride the bus to get to work (29.0%) and 19.0% 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.