Clay Ave / E 170th St median real estate price is $563,009, which is more expensive than 46.3% of the neighborhoods in New York and 73.5% of the neighborhoods in the U.S.
The average rental price in Clay Ave / E 170th St is currently $2,257, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.0% of New York neighborhoods.
Clay Ave / E 170th St is a densely urban neighborhood (based on population density) located in Bronx, New York.
Clay Ave / E 170th St 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 Clay Ave / E 170th St 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 Clay Ave / E 170th St are 3.7%, which is lower than one will find in 75.8% of American neighborhoods. Demand for real estate in Clay Ave / E 170th St 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 Clay Ave / E 170th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 91,519 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 Clay Ave / E 170th St neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Clay Ave / E 170th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.4%, which is higher than 95.2% 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.
Modes of Transportation
In the Clay Ave / E 170th St neighborhood, 39.4% 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 98.8% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (16.9% ride the bus) than 97.9% 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 Clay Ave / E 170th St 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 11.1% of residents here. This is a higher proportion of walking commuters than we found in 95.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Clay Ave / E 170th St neighborhood has more single mother households than 98.4% 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.
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 Clay Ave / E 170th St neighborhood has a highly unusual pattern of car ownership. 38.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.
Diversity
Did you know that the Clay Ave / E 170th St neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.0% of this neighborhood's residents have Sub-Saharan African ancestry and 15.4% have African ancestry.
Clay Ave / E 170th St is also pretty special linguistically. Significantly, 14.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.5% 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 Clay Ave / E 170th St 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 82.2% of U.S. neighborhoods. With 20.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.7% 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 Clay Ave / E 170th St neighborhood, 41.7% 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 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 13.2% 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 Clay Ave / E 170th St neighborhood is English, spoken by 41.1% of households. Other important languages spoken here include Spanish, French and African languages.
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 Clay Ave / E 170th St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (25.0%). There are also a number of people of African ancestry (15.4%), and residents who report Puerto Rican roots (14.6%), and some of the residents are also of Dominican ancestry (11.8%), along with some Mexican ancestry residents (5.5%), among others. In addition, 36.4% of the residents of this neighborhood were born in another country.
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 Clay Ave / E 170th St neighborhood spend between 45 minutes and one hour commuting one-way to work (39.6% of working residents), longer and tougher than most commutes in America.
Here most residents (39.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (23.1%) and 16.9% 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.
