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Real Estate Prices & Overview

West Albany median real estate price is $342,558, which is less expensive than 69.9% of New York neighborhoods and 51.3% of all U.S. neighborhoods.

The average rental price in West Albany is currently $1,967, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.2% of New York neighborhoods.

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

West Albany real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the West Albany neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in West Albany are 3.1%, which is lower than one will find in 79.3% of American neighborhoods. Demand for real estate in West Albany 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.

Occupations

The West Albany neighborhood has a greater proportion of government workers living in it than 97.6% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.

Diversity

Did you know that the West Albany neighborhood has more Yugoslav and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.2% of this neighborhood's residents have Yugoslav ancestry and 30.1% have Irish ancestry.

West Albany is also pretty special linguistically. Significantly, 1.1% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 97.5% 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 West Albany neighborhood in Albany are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.1% of the neighborhoods in America. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.9% of U.S. neighborhoods.

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 sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the West Albany neighborhood, 39.0% 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 31.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 15.9% in government jobs, whether they are in local, state, or federal positions.

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 West Albany neighborhood is English, spoken by 82.2% of households. Other important languages spoken here include Polish, Arabic and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the West Albany neighborhood in Albany, NY, residents most commonly identify their ethnicity or ancestry as Irish (30.1%). There are also a number of people of Italian ancestry (21.8%), and residents who report German roots (12.3%), and some of the residents are also of Asian ancestry (7.4%), along with some Arab ancestry residents (6.9%), among others. In addition, 15.2% 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 West Albany neighborhood spend under 15 minutes commuting one-way to work (48.9% of working residents), one of the shortest commutes across America.

Here most residents (72.3%) 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 (13.9%) . 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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