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Real Estate Prices & Overview

Poughkeepsie South median real estate price is $320,472, which is less expensive than 69.4% of New York neighborhoods and 51.3% of all U.S. neighborhoods.

The average rental price in Poughkeepsie South is currently $2,712, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.2% of New York neighborhoods.

Poughkeepsie South is a suburban neighborhood (based on population density) located in Poughkeepsie, New York.

Poughkeepsie South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Poughkeepsie South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Poughkeepsie South are 4.3%, which is lower than one will find in 72.8% of American neighborhoods. Demand for real estate in Poughkeepsie South 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

In a nation where 1 out of every 4 children lives in poverty, the Poughkeepsie South neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, for many reasons, Poughkeepsie South is rated by NeighborhoodScout as one of the top 0.8% of ideal neighborhoods for first-time home buyers in the state of New York. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other NY neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for urban sophisticates, active retirees and highly educated executives.

Real Estate

Owner-occupied real estate dominates the Poughkeepsie South neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 95.9% of neighborhoods in America.

Diversity

Did you know that the Poughkeepsie South neighborhood has more Swiss and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.1% of this neighborhood's residents have Swiss ancestry and 12.3% have Puerto Rican ancestry.

Poughkeepsie South is also pretty special linguistically. Significantly, 8.7% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

The Neighbors

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 Poughkeepsie South neighborhood in Poughkeepsie are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

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 Poughkeepsie South neighborhood, 58.9% 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 15.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.7%), and 11.6% in clerical, assistant, and tech support occupations.

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 Poughkeepsie South neighborhood is English, spoken by 89.6% of households. Other important languages spoken here include Polish and Spanish.

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 Poughkeepsie South neighborhood in Poughkeepsie, NY, residents most commonly identify their ethnicity or ancestry as German (20.3%). There are also a number of people of Italian ancestry (19.1%), and residents who report Irish roots (16.3%), and some of the residents are also of Puerto Rican ancestry (12.3%), along with some English ancestry residents (11.9%), among others. In addition, 10.6% of the residents of this neighborhood were born in another country.

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 Poughkeepsie South neighborhood spend under 15 minutes commuting one-way to work (50.2% of working residents), one of the shortest commutes across America.

Here most residents (80.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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