Real Estate Prices and Overview
Harlem median real estate prices are $644,070, which is more expensive than 90.7% of the neighborhoods
in New York and 95.9% of the
neighborhoods in the U.S.
Average rental prices in Harlem are currently
$993, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 59.5% of New York neighborhoods.
Harlem is a densely urban neighborhood (based on population
density) located in New York, New York.
Harlem 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 Harlem 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in
Harlem. The current real estate vacancy rate here is 22.6%.
This is higher than the rate of vacancies in 88.3% of
all U.S. neighborhoods. This can sometimes be the case in neighborhoods
dominated by seasonal homes (such as vacation areas), and occasionally
it is also found in neighborhoods that are primarily filled with college
students, as some apartments could be vacant when school is not in session.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.
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: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 62.3% of the
Harlem neighborhood's commuters ride the train to and from work each
day, which is more than we found in 99.5% of America's
Also, in the Harlem neighborhood, walking to work is a real
option for many. In fact, NeighborhoodScout's exclusive research reveals
walking to and from work is the chosen way to commute for 13.1%
of residents here. This is a higher proportion of walking commuters than
we found in 95.5% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Harlem neighborhood buck
58.9% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.0% of U.S. neighborhoods.
Notable & Unique: Real Estate
The Harlem neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,746 persons per square mile in the neighborhood, it is more packed with people than 97.9% 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 Harlem neighborhood is one of the most walkable neighborhoods in America.
In addition, 84.5% of the real estate in the Harlem neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Notable & Unique: Diversity
Did you know that the Harlem neighborhood has more
Dominican and Jamaican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 3.9% of
this neighborhood's residents have Dominican ancestry and 2.7% have Jamaican ancestry.
Harlem is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 97.5% of the 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 Harlem neighborhood in New York are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 81.2% 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 Harlem neighborhood, 48.2%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(13.1%), and 12.6% 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 Harlem neighborhood in New York, NY, residents
most commonly identify their ethnicity or ancestry as Puerto Rican
(9.0%). There are also a number of people of Dominican ancestry (3.9%) , and residents who report Sub-Saharan African roots (3.8%) , and some of the residents are also of Asian ancestry (2.9%) , along with some German ancestry residents (2.9%), among others. In addition, 20.4% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Harlem
neighborhood is English, spoken by 76.6% of households. Some people also speak Spanish (14.3%).
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 Harlem neighborhood spend
between 30 and 45 minutes commuting one-way to work (42.3% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (62.3%) take the train to get to work.
In addition, quite a number also ride the bus to get to work (14.8%) and 13.1% of residents also hop out the door and walk to work 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.