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Real Estate Prices & Overview

Aqueduct median real estate price is $356,403, which is less expensive than 68.3% of New York neighborhoods and 48.4% of all U.S. neighborhoods.

The average rental price in Aqueduct is currently $2,250, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of New York neighborhoods.

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

Aqueduct real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Aqueduct neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Aqueduct are 5.4%, which is lower than one will find in 63.5% of American neighborhoods. Demand for real estate in Aqueduct 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

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 Schenectady, the Aqueduct neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Aqueduct neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.1% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Aqueduct neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

Diversity

Did you know that the Aqueduct neighborhood has more Slovak and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Slovak ancestry and 20.0% have Italian ancestry.

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 Aqueduct neighborhood in Schenectady 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 85.2% of the neighborhoods in America. In addition, 4.1% 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 67.7% 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 Aqueduct neighborhood, 67.8% 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 12.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.8%), and 9.8% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Aqueduct neighborhood is English, spoken by 91.3% of households. Some people also speak Langs. of India (2.7%).

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 Aqueduct neighborhood in Schenectady, NY, residents most commonly identify their ethnicity or ancestry as Italian (20.0%). There are also a number of people of Irish ancestry (18.1%), and residents who report German roots (10.7%), and some of the residents are also of English ancestry (9.6%), along with some Asian ancestry residents (7.8%), among others. In addition, 10.0% 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 Aqueduct neighborhood spend under 15 minutes commuting one-way to work (30.7% of working residents), one of the shortest commutes across America.

Here most residents (68.9%) 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 (8.9%) . 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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