Real Estate Prices and Overview
Morrisania median real estate prices are $394,004, which is more expensive than 59.8% of the neighborhoods
in New York and 86.9% of the
neighborhoods in the U.S.
Average rental prices in Morrisania are currently
$805, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 64.7% 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
American households most often have a car, and regularly they have two or
three. But households in the Morrisania neighborhood buck
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
Whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Morrisania neighborhood has more single mother
households than 99.5% 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: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 98.8% of U.S. neighborhoods.
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, renter-occupied real estate is dominant in the Morrisania neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.2%, which is higher than 98.4% 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 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
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Morrisania
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
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
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 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
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
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
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 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
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 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.