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Real Estate Prices & Overview

Van Cortlandt Park median real estate price is $394,525, which is more expensive than 30.0% of the neighborhoods in New York and 39.8% of the neighborhoods in the U.S.

The average rental price in Van Cortlandt Park is currently $2,801, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.4% of New York neighborhoods.

Van Cortlandt Park is a densely urban neighborhood (based on population density) located in Bronx, New York.

Van Cortlandt Park 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 Van Cortlandt Park 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.

Home and apartment vacancy rates are 8.0% in Van Cortlandt Park. NeighborhoodScout analysis shows that this rate is lower than 48.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

In the Van Cortlandt Park neighborhood, 52.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.6% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.6% of U.S. neighborhoods.

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 82,879 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 Van Cortlandt Park neighborhood is one of the most walkable neighborhoods in America.

In addition, the real estate in the Van Cortlandt Park 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, 76.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.1% of American neighborhoods.

Furthermore, 86.1% of the real estate in the Van Cortlandt Park neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Also of note, the Van Cortlandt Park neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Finally, 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 Van Cortlandt Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.1% of the neighborhoods in the United States.

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 Van Cortlandt Park neighborhood have a highly unusual car ownership. 42.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

Diversity

Did you know that the Van Cortlandt Park neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.4% of this neighborhood's residents have Dominican ancestry and 12.7% have Jamaican ancestry.

Van Cortlandt Park is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Van Cortlandt Park neighborhood has a greater percentage of residents born in another country (44.8%) than are found in 96.0% of all U.S. neighborhoods.

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 Van Cortlandt Park neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.4% of U.S. neighborhoods. With 39.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.6% 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 Van Cortlandt Park neighborhood, 31.5% 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 clerical, assistant, and tech support occupations, with 25.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (25.1%), and 17.8% in executive, management, and professional 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 Van Cortlandt Park neighborhood is English, spoken by 50.4% of households. Other important languages spoken here include Spanish and African languages.

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 Van Cortlandt Park neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (31.4%). There are also a number of people of Jamaican ancestry (12.7%), and residents who report Puerto Rican roots (10.4%), and some of the residents are also of Sub-Saharan African ancestry (6.4%), along with some South American ancestry residents (2.4%), among others. In addition, 44.8% 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 Van Cortlandt Park neighborhood spend between 45 minutes and one hour commuting one-way to work (52.5% of working residents), longer and tougher than most commutes in America.

Here most residents (52.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.0%) and 16.1% of residents also ride the bus 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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