Albany, NY (Central Ave / Lark St)




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Central Ave / Lark St

NEIGHBORHOOD REPORT
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640 Vital Statistics. 34 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 7 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 3 Alerts

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Crimes alerts

Crimes


67

Statistics

alerts 5 Alerts

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Schools alerts

Schools


65

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alerts 10 Alerts

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328

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alerts 9 Alerts

Found


About Albany, NY (Central Ave / Lark St)


Real Estate Prices and Overview

Central Ave / Lark St median real estate price is $81,769, which is less expensive than 93.0% of New York neighborhoods and 93.0% of all U.S. neighborhoods.

The average rental price in Central Ave / Lark St is currently $1,013, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.4% of New York neighborhoods.

Central Ave / Lark St is a densely urban neighborhood (based on population density) located in Albany, New York.

Central Ave / Lark St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Central Ave / Lark 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 1940 and 1969.

Vacant apartments or homes are a major fact of life in Central Ave / Lark St. The current real estate vacancy rate here is 33.3%. This is higher than the rate of vacancies in 95.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

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 Albany, the Central Ave / Lark St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Central Ave / Lark St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 76.7% of the real estate here is made up of such dwellings, which is higher than 99.9% of all U.S. neighborhoods.

In addition, 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 Central Ave / Lark St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, 88.0% of the real estate in the Central Ave / Lark St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Despite all of the residential real estate here in the Central Ave / Lark St neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 33.3%, which is higher than 95.5% of all U.S. neighborhoods.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Central Ave / Lark St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 81.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.5% of the neighborhoods in the United States.

Notable & Unique: Occupations

There are more people living in the Central Ave / Lark St neighborhood employed as sales and service workers (42.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Notable & Unique: Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.3% of U.S. neighborhoods.

Also, more people in Central Ave / Lark St choose to walk to work each day (27.5%) 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: Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Central Ave / Lark St neighborhood have a highly unusual car ownership. 54.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.

Notable & Unique: People

One of the unique characteristics of the Central Ave / Lark St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.2% of the neighborhoods in America. Also of note, 72.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.0%. This is a higher percent living alone than we found in 97.0% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Notable & Unique: Diversity

Did you know that the Central Ave / Lark St neighborhood has more African and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.8% of this neighborhood's residents have African ancestry and 3.3% have Dominican ancestry.

Central Ave / Lark St is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.


The Neighbors

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 Central Ave / Lark St neighborhood in Albany are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.2% of U.S. neighborhoods. With 72.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% of U.S. neighborhoods.

The Neighbors: Occupations

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 Central Ave / Lark St neighborhood, 57.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 14.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.9%), and 13.7% in clerical, assistant, and tech support occupations.

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 Central Ave / Lark St neighborhood in Albany, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (14.7%). There are also a number of people of African ancestry (13.8%), and residents who report Asian roots (8.2%), and some of the residents are also of Puerto Rican ancestry (5.0%), along with some Italian ancestry residents (3.8%), among others. In addition, 18.2% 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 Central Ave / Lark St neighborhood is English, spoken by 82.3% of households. Other important languages spoken here include Spanish and French.

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 Central Ave / Lark St neighborhood spend between 15 and 30 minutes commuting one-way to work (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (33.1%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (29.4%) and 27.5% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Central Ave / Lark St neighborhood of Albany by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.

Neighborhood Real Estate Data

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Albany, NY (Central Ave / Lark St) HOMES

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TYPE OF Albany, NY (Central Ave / Lark St) HOMES

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SIZE OF Albany, NY (Central Ave / Lark St) HOMES

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SIZE OF Albany, NY (Central Ave / Lark St) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 3 Condition Alerts found.

Lifestyle

 
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Age / Marital Status

 

Age

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Household Types

 

One person households

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Central Ave / Lark St

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

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Neighborhood Crime Data

67 Vital Statistics. 5 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
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Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Central Ave / Lark St 0.101011101001110
Albany 0.101011101001110
New York State 3.80
My Chances of Becoming a Victim of a Violent Crime

1 in

in Central Ave / Lark St

1 in

in Albany

1 in 263

in New York State
Albany VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Central Ave / Lark St 0.101011101001110
Albany 0.101011101001110
New York State 16.04
My Chances of Becoming a Victim of a Property Crime

1 in

in Central Ave / Lark St

1 in

in Albany

1 in 62

in New York State
Albany Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
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Rate per 1,000

Crimes Per Square Mile

Crime
Central Ave / Lark St 0.101011101001110
Albany 0.101011101001110
New York State 41

Neighborhood Public School Data

65 Vital Statistics. 10 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

ALBANY CITY SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New York

(10 is best)

Better than of NY school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
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Non-instructional Expenditures
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