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
$1,027, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 57.3% 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
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in New York,
the Saint Nicholas Ave / W 125th St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
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, in the Saint Nicholas Ave / W 125th St 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 12.4%
of residents here. This is a higher proportion of walking commuters than
we found in 95.1% of American neighborhoods. Get ready
to put on your walking shoes if you move here!
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. 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 Saint Nicholas Ave / W 125th 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 Saint Nicholas Ave / W 125th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 80.5% 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 97.4% of all 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 Saint Nicholas Ave / W 125th St neighborhood buck
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
There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a 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
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 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.