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Real Estate Prices & Overview

Red Oaks Mill median real estate price is $436,559, which is more expensive than 39.7% of the neighborhoods in New York and 64.1% of the neighborhoods in the U.S.

The average rental price in Red Oaks Mill is currently $2,655, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.1% of New York neighborhoods.

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

Red Oaks Mill real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Red Oaks Mill neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Red Oaks Mill, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 83.4% of all neighborhoods in the U.S. This means that the housing supply in Red Oaks Mill is very tight compared to the demand for property here.

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 get around.

People

Of note is NeighborhoodScout's research finding that the Red Oaks Mill neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Red Oaks Mill community truly stands out from the rest in this regard.

In addition, a majority of the adults in the Red Oaks Mill neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for New York by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 97.4% of the neighborhoods in New York. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Diversity

Did you know that the Red Oaks Mill neighborhood has more Italian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.0% of this neighborhood's residents have Italian ancestry and 0.7% have Armenian ancestry.

Red Oaks Mill is also pretty special linguistically. Significantly, 7.4% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

The Neighbors

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 Red Oaks Mill neighborhood in Poughkeepsie are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.0% 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 Red Oaks Mill neighborhood, 46.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.9%), and 11.2% 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 Red Oaks Mill neighborhood is English, spoken by 84.9% of households. Other important languages spoken here include German/Yiddish 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 Red Oaks Mill neighborhood in Poughkeepsie, NY, residents most commonly identify their ethnicity or ancestry as Italian (23.0%). There are also a number of people of Irish ancestry (20.4%), and residents who report German roots (16.0%), and some of the residents are also of English ancestry (6.7%), along with some Puerto Rican ancestry residents (6.4%), among others. In addition, 11.1% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Red Oaks Mill neighborhood spend between 15 and 30 minutes commuting one-way to work (36.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.2%) 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 (10.0%) . 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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