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Real Estate Prices & Overview

Crotona Pkwy / Mohegan Ave median real estate price is $696,887, which is more expensive than 56.7% of the neighborhoods in New York and 82.3% of the neighborhoods in the U.S.

The average rental price in Crotona Pkwy / Mohegan Ave is currently $2,657, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.1% of New York neighborhoods.

Crotona Pkwy / Mohegan Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.

Crotona Pkwy / Mohegan 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Crotona Pkwy / Mohegan 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 2000 and the present.

Home and apartment vacancy rates are 8.6% in Crotona Pkwy / Mohegan Ave. NeighborhoodScout analysis shows that this rate is lower than 45.1% 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

More people ride the bus in this neighborhood each day to get to work than 99.7% of U.S. neighborhoods.

Also, in the Crotona Pkwy / Mohegan Ave neighborhood, 30.4% 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 98.2% 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 Crotona Pkwy / Mohegan Ave neighborhood buck this trend. 69.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% 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 82,728 people per square mile, it is more densely populated than 99.4% 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 Crotona Pkwy / Mohegan Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 93.9% of the real estate in the Crotona Pkwy / Mohegan Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, one of the really unique and interesting things about the look and setting of the Crotona Pkwy / Mohegan Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.7% of all neighborhoods in America.

People

The Crotona Pkwy / Mohegan Ave neighborhood stands out for having an average per capita income lower than 98.0% of the neighborhoods in the United States. Also of note, 64.6% 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, single parenting is hard. But you don't have to tell the Crotona Pkwy / Mohegan Ave neighborhood about it; they already know. 17.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Crotona Pkwy / Mohegan Ave neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.7% of this neighborhood's residents have Dominican ancestry and 20.0% have Puerto Rican ancestry.

Crotona Pkwy / Mohegan Ave is also pretty special linguistically. Significantly, 2.7% 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 96.7% 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 Crotona Pkwy / Mohegan 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 98.0% of U.S. neighborhoods. With 64.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.8% 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 Crotona Pkwy / Mohegan Ave neighborhood, 30.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.3%), and 18.0% 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 Crotona Pkwy / Mohegan Ave neighborhood is Spanish, spoken by 57.3% 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 Crotona Pkwy / Mohegan Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (38.7%). There are also a number of people of Puerto Rican ancestry (20.0%), and residents who report Mexican roots (5.7%), and some of the residents are also of Sub-Saharan African ancestry (5.2%), along with some African ancestry residents (3.9%), among others. In addition, 36.0% 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 Crotona Pkwy / Mohegan Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (59.7% of working residents), longer and tougher than most commutes in America.

Here most residents (32.1%) ride the bus to get to work. In addition, quite a number also take the train to get to work (30.4%) and 18.7% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Crotona Pkwy / Mohegan 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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