Real Estate Prices and Overview
Ogden Ave / W 163rd St median real estate prices are $212,816, which is more expensive than 34.9% of the neighborhoods
in New York and 64.1% of the
neighborhoods in the U.S.
Average rental prices in Ogden Ave / W 163rd St are currently
$826, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 63.6% 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
The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
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. 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 Ogden Ave / W 163rd St neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Ogden Ave / W 163rd St 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, 85.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.0% of American neighborhoods.
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
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 Ogden Ave / W 163rd St neighborhood has
a highly unusual pattern of car ownership.
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
Whether by choice, divorce, or unplanned pregnancy, single moms may have
the toughest job in the book. NeighborhoodScout's exclusive analysis reveals
that the Ogden Ave / W 163rd St neighborhood has more single mother
households than 97.0% 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.
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
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 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
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 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.