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Real Estate Prices & Overview

Mount Eden North median real estate price is $1,091,249, which is more expensive than 81.1% of the neighborhoods in New York and 93.8% of the neighborhoods in the U.S.

The average rental price in Mount Eden North is currently $2,463, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.3% of New York neighborhoods.

Mount Eden North is a densely urban neighborhood (based on population density) located in Bronx, New York.

Mount Eden North 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Mount Eden North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Mount Eden North are 3.8%, which is lower than one will find in 75.1% of American neighborhoods. Demand for real estate in Mount Eden North 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.

Notable & Unique Neighborhood Characteristics

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.

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 Mount Eden North neighborhood has a highly unusual pattern of car ownership. 71.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.

Real Estate

One of the really unique and interesting things about the look and setting of the Mount Eden North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.1% 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 99.6% of all neighborhoods in America.

In addition, 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 94,299 people per square mile, it is more densely populated than 99.6% 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 Mount Eden North neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, renter-occupied real estate is dominant in the Mount Eden North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.4%, which is higher than 98.8% 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.

Also of note, the Mount Eden North 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 93.6% 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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 52.1% of the Mount Eden North neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.5% of America's neighborhoods.

Also, in the Mount Eden North 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 11.2% 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!

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mount Eden North neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.1% 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 96.5% of all neighborhoods in America.

Diversity

Did you know that the Mount Eden North neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.5% of this neighborhood's residents have Dominican ancestry and 17.0% have Puerto Rican ancestry.

Mount Eden North is also pretty special linguistically. Significantly, 4.1% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.

The Neighbors

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 Mount Eden North 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 86.0% of U.S. neighborhoods. With 22.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.7% 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 Mount Eden North neighborhood, 37.4% 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 26.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.6%), and 17.6% in clerical, assistant, and tech support 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 Mount Eden North neighborhood is Spanish, spoken by 44.3% of households. Other important languages spoken here include English and African languages.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Mount Eden North neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (31.5%). There are also a number of people of Puerto Rican ancestry (17.0%), and residents who report Sub-Saharan African roots (9.8%), and some of the residents are also of African ancestry (4.4%), along with some South American ancestry residents (2.1%), among others. In addition, 41.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Mount Eden North neighborhood spend between 45 minutes and one hour commuting one-way to work (45.3% of working residents), longer and tougher than most commutes in America.

Here most residents (52.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (15.2%) and 11.2% 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.


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