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.
Notable & Unique: Diversity
Did you know that the Bronx River Ave / Elder Ave neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 25.6% of
this neighborhood's residents have Dominican ancestry and 26.1% have Puerto Rican ancestry.
Bronx River Ave / Elder Ave is also pretty special linguistically. Significantly, 58.0% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 95.4% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
In the Bronx River Ave / Elder Ave neighborhood, 54.7% 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 99.0% of the
neighborhoods in America.
Notable & Unique: Car Ownership
American households most often have a car, and regularly they have two or
three. But households in the Bronx River Ave / Elder Ave neighborhood buck
55.2% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
98.9% of U.S. neighborhoods.
Notable & Unique: Real Estate
The Bronx River Ave / Elder Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 51,557 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation'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 Bronx River Ave / Elder Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Bronx River Ave / Elder Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.1%, which is higher than 97.6% 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 Bronx River Ave / Elder 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 86.2% 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.
Also of note, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bronx River Ave / Elder Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 34.2% of the real estate here is made up of such dwellings, which is higher than 95.0% of all U.S. neighborhoods.
Notable & Unique: People
One of the unique characteristics of the Bronx River Ave / Elder Ave
neighborhood revealed by analysis is that the per capita income of
residents here is lower than that found in 98.4% of the neighborhoods