Thurman Munson Way / Park Ave median real estate price is $23,396, which is less expensive than 99.8% of New York neighborhoods and 99.8% of all U.S. neighborhoods.
The average rental price in Thurman Munson Way / Park Ave is currently $2,321, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.7% of New York neighborhoods.
Thurman Munson Way / Park Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.
Thurman Munson Way / Park 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 occupied by a mixture of owners and renters. Many of the residences in the Thurman Munson Way / Park Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Thurman Munson Way / Park Ave are 4.2%, which is lower than one will find in 71.8% of American neighborhoods. Demand for real estate in Thurman Munson Way / Park Ave 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 Thurman Munson Way / Park Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Thurman Munson Way / Park Ave neighborhood, is that an incredible 89.0% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, the real estate in the Thurman Munson Way / Park Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 94.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.9% of American neighborhoods.
Furthermore, the Thurman Munson Way / Park Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,740 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.
Also of note, the Thurman Munson Way / Park 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 82.3% 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 44.8% of the Thurman Munson Way / Park Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.1% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work (17.3% ride the bus) than 98.0% 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.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Thurman Munson Way / Park Ave neighborhood have a highly unusual car ownership. 55.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.
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 Thurman Munson Way / Park 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 Thurman Munson Way / Park Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.6% 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.
People
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.7%. This is a higher percent living alone than we found in 96.5% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Occupations
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Thurman Munson Way / Park Ave neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 12.9% of its workforce, this neighborhood has a greater concentration of government workers than 95.4% of U.S. neighborhoods.
Diversity
Did you know that the Thurman Munson Way / Park Ave neighborhood has more Austrian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.6% of this neighborhood's residents have Austrian ancestry and 10.5% have Dominican ancestry.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Thurman Munson Way / Park Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Thurman Munson Way / Park 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 42.5% of the neighborhoods in America. With 27.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.9% 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 Thurman Munson Way / Park Ave neighborhood, 34.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 34.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.5%), and 12.9% in government jobs, whether they are in local, state, or federal positions.
Languages
The most common language spoken in the Thurman Munson Way / Park Ave neighborhood is English, spoken by 72.6% of households. Some people also speak Spanish (17.9%).
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 Thurman Munson Way / Park Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.6%). There are also a number of people of Dominican ancestry (10.5%), and residents who report African roots (7.7%), and some of the residents are also of Puerto Rican ancestry (3.3%), along with some Haitian ancestry residents (3.2%), among others. In addition, 17.2% 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 Thurman Munson Way / Park Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (36.4% of working residents), longer and tougher than most commutes in America.
Here most residents (44.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (21.5%) and 17.3% 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.
