Parkchester Rd / East Ave median real estate price is $413,237, which is more expensive than 34.0% of the neighborhoods in New York and 54.7% of the neighborhoods in the U.S.
The average rental price in Parkchester Rd / East Ave is currently $3,003, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.2% of New York neighborhoods.
Parkchester Rd / East Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.
Parkchester Rd / East 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Parkchester Rd / East Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 7.3% in Parkchester Rd / East Ave. NeighborhoodScout analysis shows that this rate is lower than 52.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
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 169,114 people per square mile, it is more densely populated than 100.0% 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 Parkchester Rd / East Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Parkchester Rd / East Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.0% 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 98.5% of all neighborhoods in America.
Furthermore, the Parkchester Rd / East 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 90.6% 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.
Car Ownership
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 Parkchester Rd / East Ave neighborhood has a highly unusual pattern of car ownership. 65.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.
Modes of Transportation
In the Parkchester Rd / East Ave neighborhood, 47.5% 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 99.3% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (23.5% ride the bus) than 99.1% 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, in the Parkchester Rd / East Ave 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 11.8% of residents here. This is a higher proportion of walking commuters than we found in 95.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Parkchester Rd / East Ave 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 Parkchester Rd / East Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.5% 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 99.0% of all neighborhoods in America.
Diversity
Did you know that the Parkchester Rd / East Ave neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.8% of this neighborhood's residents have Dominican ancestry and 16.1% have Puerto Rican ancestry.
Parkchester Rd / East Ave is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.7% 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 Parkchester Rd / East Ave neighborhood in Bronx are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.3% of the neighborhoods in America. With 28.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% 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 Parkchester Rd / East Ave neighborhood, 30.2% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.4%), and 19.5% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Parkchester Rd / East Ave neighborhood is English, spoken by 40.2% of households. Other important languages spoken here include Spanish and Vietnamese.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Parkchester Rd / East Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Asian (33.3%). There are also a number of people of Puerto Rican ancestry (16.1%), and residents who report Dominican roots (8.8%), and some of the residents are also of South American ancestry (5.1%), along with some Sub-Saharan African ancestry residents (4.8%), among others. In addition, 38.1% 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 Parkchester Rd / East Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (44.5% of working residents), longer and tougher than most commutes in America.
Here most residents (47.5%) take the train to get to work. In addition, quite a number also ride the bus to get to work (23.5%) and 11.8% of residents also hop out the door and walk to work 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.
