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
$993, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 58.3% 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, 93.1% of the real estate in the Ogden Ave / W 163rd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
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
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 Ogden Ave / W 163rd St neighborhood have a highly unusual 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
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
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 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.