Real Estate Prices and Overview
Ogden Ave / W 163rd St median real estate prices are $212,816, which is more expensive than 35.0% of the neighborhoods
in New York and 64.0% of the
neighborhoods in the U.S.
Average rental prices in Ogden Ave / W 163rd St are currently
$993, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 59.5% of New York neighborhoods.
Ogden Ave / W 163rd St is a densely urban neighborhood (based on population
density) located in Bronx, New York.
Ogden Ave / W 163rd 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 Ogden Ave / W 163rd 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 Ogden Ave / W 163rd St are 6.7%,
which is lower than one will find in 65.5% of American
neighborhoods. Demand for real estate in Ogden Ave / W 163rd 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
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: Diversity
Did you know that the Ogden Ave / W 163rd St neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 32.0% of
this neighborhood's residents have Dominican ancestry and 20.0% have Puerto Rican ancestry.
Ogden Ave / W 163rd St is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily
speak French at home. While this may seem like a small percentage, it is higher
than 97.7% of the neighborhoods in America.
Notable & Unique: Real Estate
The Ogden Ave / W 163rd St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,394 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 Ogden Ave / W 163rd St neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Ogden Ave / W 163rd St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 85.3% 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 98.0% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Ogden Ave / W 163rd St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.1%, which is higher than 97.8% 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.
Notable & Unique: Modes of Transportation
In the Ogden Ave / W 163rd St neighborhood, 47.9% 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 98.7% 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 Ogden Ave / W 163rd St neighborhood buck
47.1% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.4% of U.S. neighborhoods.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
Ogden Ave / W 163rd St neighborhood about it; they already know. 19.9%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 97.0%
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.
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 Ogden Ave / W 163rd St 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 92.5% of U.S. neighborhoods.
With 47.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 89.3%
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 Ogden Ave / W 163rd St neighborhood, 33.5%
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 25.6% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(23.9%), and 16.9% 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 Ogden Ave / W 163rd St neighborhood in Bronx, NY, residents
most commonly identify their ethnicity or ancestry as Dominican
(32.0%). There are also a number of people of Puerto Rican ancestry (20.0%) , and residents who report Sub-Saharan African roots (3.8%) , and some of the residents are also of Mexican ancestry (3.0%) , along with some South American ancestry residents (2.5%), among others. In addition, 33.0% 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 Ogden Ave / W 163rd St
neighborhood is Spanish, spoken by 64.8% of households. Other important languages spoken here include English, French and African languages.
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 Ogden Ave / W 163rd St neighborhood spend
between 30 and 45 minutes commuting one-way to work (34.1% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (47.9%) take the train to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (21.7%) and 13.1% of residents also ride the bus 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.