Belmont Northeast median real estate price is $287,935, which is less expensive than 76.4% of New York neighborhoods and 64.2% of all U.S. neighborhoods.
The average rental price in Belmont Northeast is currently $3,052, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.8% of New York neighborhoods.
Belmont Northeast is a densely urban neighborhood (based on population density) located in Bronx, New York.
Belmont Northeast 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 Northeast 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 Belmont Northeast are 3.8%, which is lower than one will find in 73.4% of American neighborhoods. Demand for real estate in Belmont Northeast 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.
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 Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 73,270 people per square mile, it is more densely populated than 99.2% 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 Belmont Northeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 99.4% of the real estate in the Belmont Northeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the Belmont Northeast 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, 86.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.7% of American neighborhoods.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 62.9% of the residential real estate in the Belmont Northeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
American households most often have a car, and regularly they have two or three. But households in the Belmont Northeast neighborhood buck this trend. 59.3% 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.
In the Belmont Northeast 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 23.6% of residents here. This is a higher proportion of walking commuters than we found in 98.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, our research revealed that more commuters here take the bus to work (18.2% ride the bus) than 98.4% 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.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 25.1% of the Belmont Northeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.
NeighborhoodScout's analysis shows that the Belmont Northeast neighborhood has a greater concentration of residents currently enrolled in college than 97.3% of the neighborhoods in the U.S. With 16.2% of the population here attending college, this is very much a college-focused neighborhood.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Belmont Northeast 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 Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.6% 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 97.1% of all neighborhoods in America.
Did you know that the Belmont Northeast neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.0% of this neighborhood's residents have Dominican ancestry and 10.9% have Puerto Rican ancestry.
Belmont Northeast is also pretty special linguistically. Significantly, 64.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.6% of all U.S. neighborhoods.
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 Belmont Northeast 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 84.0% of U.S. neighborhoods. With 40.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Belmont Northeast neighborhood, 35.5% 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 executive, management, and professional occupations, with 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.9%), and 15.0% 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 Belmont Northeast neighborhood is Spanish, spoken by 64.5% of households. Other important languages spoken here include English and Italian.
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 Belmont Northeast neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (23.0%). There are also a number of people of Mexican ancestry (22.1%), and residents who report Puerto Rican roots (10.9%), and some of the residents are also of Irish ancestry (5.7%), along with some Italian ancestry residents (4.7%), among others. In addition, 36.3% 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 Northeast neighborhood spend between 45 minutes and one hour commuting one-way to work (38.8% of working residents), longer and tougher than most commutes in America.
Here most residents (25.1%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.6%) and 18.2% 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.
