Belmont median real estate price is $374,965, which is less expensive than 70.6% of New York neighborhoods and 54.3% of all U.S. neighborhoods.
The average rental price in Belmont is currently $2,376, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.9% of New York neighborhoods.
Belmont is a densely urban neighborhood (based on population density) located in Bronx, New York.
Belmont 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 Belmont 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 7.2% in Belmont. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Bronx, the Belmont neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research revealed that more commuters here take the bus to work (28.8% ride the bus) than 99.6% 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, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.3% of residents in the Belmont neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, in the Belmont neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 17.5% of residents here. This is a higher proportion of walking commuters than we found in 97.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
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 90,772 people per square mile, it is more densely populated than 99.5% 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 Belmont neighborhood is one of the most walkable neighborhoods in America.
In addition, 93.7% of the real estate in the Belmont 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 Belmont neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 84.3% 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 97.4% of all neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the Belmont neighborhood buck this trend. 60.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Belmont neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Belmont neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.4% 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 98.8% of all neighborhoods in America.
There are more people living in the Belmont neighborhood employed as sales and service workers (57.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
With more than 1.7% of residents living with a same sex partner, Belmont is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.5% of U.S. neighborhoods.
Did you know that the Belmont neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.3% of this neighborhood's residents have Dominican ancestry and 24.1% have Puerto Rican ancestry.
Belmont is also pretty special linguistically. Significantly, 70.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.6% of all U.S. neighborhoods.
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 Belmont neighborhood has a greater percentage of residents born in another country (50.4%) than are found in 97.6% of all U.S. neighborhoods.
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 Belmont 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 94.6% of U.S. neighborhoods. With 52.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.0% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Belmont neighborhood, 43.0% 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 manufacturing and laborer occupations, with 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.5%), and 15.0% 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 Belmont neighborhood is Spanish, spoken by 70.9% of households. Other important languages spoken here include English and Arabic.
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 Belmont neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (24.3%). There are also a number of people of Puerto Rican ancestry (24.1%), and residents who report Mexican roots (17.4%), and some of the residents are also of South American ancestry (12.9%), along with some Italian ancestry residents (4.1%), among others. In addition, 50.4% of the residents of this neighborhood were born in another country.
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 Belmont neighborhood spend between 15 and 30 minutes commuting one-way to work (24.9% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (15.4%) who commute over an hour in each direction.
Here most residents (28.8%) ride the bus to get to work. In addition, quite a number also hop out the door and walk to work to get to work (17.5%) and 17.3% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Belmont 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.
