Real Estate Prices and Overview
Saint Nicholas Ave / W 125th St median real estate prices are $816,130, which is more expensive than 95.9% of the neighborhoods
in New York and 98.1% of the
neighborhoods in the U.S.
Average rental prices in Saint Nicholas Ave / W 125th St are currently
$956, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 53.9% of New York neighborhoods.
Saint Nicholas Ave / W 125th St is a densely urban neighborhood (based on population
density) located in New York, New York.
Saint Nicholas Ave / W 125th 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 Saint Nicholas Ave / W 125th 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 2000 and the present.
Saint Nicholas Ave / W 125th St has a 13.7% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
69.2% 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
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 59.7% of the
Saint Nicholas Ave / W 125th St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 99.4% of America's
Also, more people in Saint Nicholas Ave / W 125th St choose to walk to work each day
(12.4%) than almost any neighborhood in America. If you are
attracted to the idea of being able to walk to work, this neighborhood
could be a good choice.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 69,684 people per square mile, it is more densely populated than 99.3% of America'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 Saint Nicholas Ave / W 125th St neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Saint Nicholas Ave / W 125th 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, 80.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.4% of American neighborhoods.
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 Saint Nicholas Ave / W 125th St neighborhood has
a highly unusual pattern of car ownership.
59.4% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.1% of U.S. neighborhoods.
Notable & Unique: Diversity
Did you know that the Saint Nicholas Ave / W 125th St neighborhood has more
Dominican and Haitian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.4% of
this neighborhood's residents have Dominican ancestry and 2.1% have Haitian ancestry.
Saint Nicholas Ave / W 125th St is also pretty special linguistically. Significantly, 1.6% of its residents five years old and above primarily
speak Hindi, which is the official language of India at home. While this may seem like a small percentage, it is higher
than 96.5% of the neighborhoods in America.
Notable & Unique: People
If knowledge is power, then imagine the cumulative power of one neighborhood
where many of the adults have earned an advanced degree, such as a Masters,
law degree, medical degree, or even a Ph.D. This is certainly the case in
the Saint Nicholas Ave / W 125th St neighborhood, where 29.9% have
earned an advanced degree. Compare that to the average neighborhood in
America, where just 8.4% of adults have completed a post-graduate degree,
and you can see why this neighborhood is a stand out. In fact, this neighborhood
has a higher rate of adults with an advanced degree than 95.1%
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 Saint Nicholas Ave / W 125th St neighborhood in New York are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 68.6% of the neighborhoods in America.
With 32.8% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 76.6%
of U.S. neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Saint Nicholas Ave / W 125th St neighborhood, 60.0%
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 18.9% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(14.5%), and 10.3% in government jobs, whether they are in local, state, or federal positions.
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 Saint Nicholas Ave / W 125th St neighborhood in New York, NY, residents
most commonly identify their ethnicity or ancestry as Dominican
(7.4%). There are also a number of people of Puerto Rican ancestry (4.0%) , and residents who report Asian roots (3.6%) , and some of the residents are also of Sub-Saharan African ancestry (2.9%) , along with some Italian ancestry residents (2.8%), among others. In addition, 20.1% 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 Saint Nicholas Ave / W 125th St
neighborhood is English, spoken by 74.2% of households. Other important languages spoken here include Spanish and South Asian 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 Saint Nicholas Ave / W 125th St neighborhood spend
between 15 and 30 minutes commuting one-way to work (31.0% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (59.7%) take the train to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (12.4%) and 12.3% 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.