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Real Estate Prices & Overview

E 233rd St / Carpenter Ave median real estate price is $694,048, which is more expensive than 56.5% of the neighborhoods in New York and 82.2% of the neighborhoods in the U.S.

The average rental price in E 233rd St / Carpenter Ave is currently $2,571, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.9% of New York neighborhoods.

E 233rd St / Carpenter Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.

E 233rd St / Carpenter Ave 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E 233rd St / Carpenter Ave 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.

Real estate vacancies in E 233rd St / Carpenter Ave are 5.5%, which is lower than one will find in 63.0% of American neighborhoods. Demand for real estate in E 233rd St / Carpenter Ave 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.

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 67,203 people per square mile, it is more densely populated than 99.1% of America's neighborhoods. 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 E 233rd St / Carpenter Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, renter-occupied real estate is dominant in the E 233rd St / Carpenter Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.0%, which is higher than 98.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, the real estate in the E 233rd St / Carpenter Ave 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, 84.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.4% of American neighborhoods.

Also of note, the E 233rd St / Carpenter Ave 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 88.3% 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 E 233rd St / Carpenter Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 67.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.1% of the neighborhoods in the United States.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (25.5% ride the bus) than 99.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the E 233rd St / Carpenter Ave neighborhood, 21.3% 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 97.3% of the neighborhoods in America.

Finally, more people in E 233rd St / Carpenter Ave choose to walk to work each day (11.4%) 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.

People

E 233rd St / Carpenter Ave has the amazing distinction of housing more same sex couples living together than 98.8% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, one of the unique characteristics of the E 233rd St / Carpenter Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.4% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the E 233rd St / Carpenter Ave neighborhood buck this trend. 48.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.

Diversity

Did you know that the E 233rd St / Carpenter Ave neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.7% of this neighborhood's residents have Jamaican ancestry and 11.9% have Dominican ancestry.

E 233rd St / Carpenter Ave is also pretty special linguistically. Significantly, 0.7% 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 96.3% of the neighborhoods in America.

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 E 233rd St / Carpenter Ave 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 95.4% of U.S. neighborhoods. With 43.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.2% 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 233rd St / Carpenter Ave neighborhood, 29.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.0%), and 19.4% in manufacturing and laborer 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 E 233rd St / Carpenter Ave neighborhood is English, spoken by 56.4% of households. Other important languages spoken here include Spanish and Langs. of India.

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 E 233rd St / Carpenter Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (18.7%). There are also a number of people of Puerto Rican ancestry (17.2%), and residents who report Dominican roots (11.9%), and some of the residents are also of Cuban ancestry (5.7%), along with some Italian ancestry residents (5.5%), among others. In addition, 32.4% 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 233rd St / Carpenter Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (30.7% of working residents), longer and tougher than most commutes in America.

Here most residents (25.5%) ride the bus to get to work. In addition, quite a number also take the train to get to work (21.3%) and 20.6% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the E 233rd St / Carpenter Ave neighborhood of Bronx 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.


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