Bronx Park South median real estate price is $685,948, which is more expensive than 50.1% of the neighborhoods in New York and 78.6% of the neighborhoods in the U.S.
The average rental price in Bronx Park South is currently $3,344, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.2% of the neighborhoods in New York.
Bronx Park South is a remote neighborhood (based on population density) located in Bronx, New York.
Bronx Park South real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Bronx Park South neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Bronx Park South, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Bronx Park South is very tight compared to the demand for property here.
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.
Renter-occupied real estate is dominant in the Bronx Park South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Bronx Park South neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, one way that the Bronx Park South neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 100.0% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Furthermore, most neighborhoods are composed of a mixture of ages of homes, but the Bronx Park South stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 100.0% of the residential real estate here was built in this one time period.
Also of note, one of the really unique and interesting things about the look and setting of the Bronx Park South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 100.0% 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 99.9% of all neighborhoods in America.
Of note is NeighborhoodScout's research finding that the Bronx Park South neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Bronx Park South community truly stands out from the rest in this regard.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Bronx Park South neighborhood has more single mother households than 100.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Also, an extraordinary 19.2% of the residents of the Bronx Park South neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Bronx Park South neighborhood has a highly unusual pattern of car ownership. 100.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 100.0% of U.S. neighborhoods.
In the Bronx Park South neighborhood, 57.1% 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 99.8% of the neighborhoods in America.
Also, a unique way of commuting is simply not to. And in the Bronx Park South neighborhood, analysis shows that 42.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.4% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
NeighborhoodScout's exclusive research identifies the Bronx Park South neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 57.1% of its working residents employed in such fields, which is a higher proportion than 99.7% of American neighborhoods.
Did you know that the Bronx Park South neighborhood has more Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.2% of this neighborhood's residents have Sub-Saharan African ancestry.
Bronx Park South is also pretty special linguistically. Significantly, 3.8% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
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 Bronx Park South 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 100.0% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Bronx Park South neighborhood, 57.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.3%).
Languages
The most common language spoken in the Bronx Park South neighborhood is English, spoken by 96.2% of households. Some people also speak German/Yiddish (3.8%).
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 Bronx Park South neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (46.2%). There are also a number of people of German ancestry (3.8%), and residents who report Puerto Rican roots (3.8%), and some of the residents are also of Irish ancestry (3.8%).
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 Bronx Park South neighborhood spend between 45 minutes and one hour commuting one-way to work (100.0% of working residents), longer and tougher than most commutes in America.
Here most residents (57.1%) take the train to get to work. 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.
