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Real Estate Prices & Overview

E 156th St / Southern Blvd median real estate price is $697,770, which is more expensive than 56.7% of the neighborhoods in New York and 80.3% of the neighborhoods in the U.S.

The average rental price in E 156th St / Southern Blvd is currently $2,121, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.4% of New York neighborhoods.

E 156th St / Southern Blvd is a densely urban neighborhood (based on population density) located in Bronx, New York.

E 156th St / Southern Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the E 156th St / Southern Blvd 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.

In E 156th St / Southern Blvd, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.8% of all neighborhoods in the U.S. This means that the housing supply in E 156th St / Southern Blvd 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.

Real Estate

What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 84,035 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 156th St / Southern Blvd neighborhood is one of the most walkable neighborhoods in America.

In addition, the real estate in the E 156th St / Southern Blvd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 71.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.2% of American neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 47.1% of the E 156th St / Southern Blvd neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.

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 E 156th St / Southern Blvd neighborhood have a highly unusual car ownership. 56.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 156th St / Southern Blvd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 98.1% of all neighborhoods in America.

Diversity

Did you know that the E 156th St / Southern Blvd neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.5% of this neighborhood's residents have Puerto Rican ancestry and 15.6% have Dominican ancestry.

E 156th St / Southern Blvd is also pretty special linguistically. Significantly, 3.9% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.0% 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 E 156th St / Southern Blvd neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.3% of U.S. neighborhoods. With 26.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.2% 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 E 156th St / Southern Blvd neighborhood, 29.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 24.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.1%), and 22.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 E 156th St / Southern Blvd neighborhood is Spanish, spoken by 51.3% of households. Other important languages spoken here include English and African languages.

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 E 156th St / Southern Blvd neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.5%). There are also a number of people of Dominican ancestry (15.6%), and residents who report Mexican roots (10.4%), and some of the residents are also of South American ancestry (7.7%), along with some Arab ancestry residents (2.8%), among others. In addition, 26.3% 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 E 156th St / Southern Blvd neighborhood spend between 45 minutes and one hour commuting one-way to work (34.8% of working residents), longer and tougher than most commutes in America.

Here most residents (47.1%) take the train to get to work. In addition, quite a number also ride the bus to get to work (15.2%) and 12.7% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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