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Real Estate Prices & Overview

Mott Haven median real estate price is $898,411, which is more expensive than 76.0% of the neighborhoods in New York and 91.5% of the neighborhoods in the U.S.

The average rental price in Mott Haven is currently $2,934, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.3% of New York neighborhoods.

Mott Haven is a densely urban neighborhood (based on population density) located in Bronx, New York.

Mott Haven 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 Mott Haven neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Mott Haven, 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 Mott Haven is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Mott Haven neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

100.0% of the real estate in the Mott Haven neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Mott Haven neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

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 117,366 people per square mile, it is more densely populated than 99.8% of America's neighborhoods.

Furthermore, the real estate in the Mott Haven 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, 95.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.0% of American neighborhoods.

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 Mott Haven neighborhood has a highly unusual pattern of car ownership. 72.0% 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.

Modes of Transportation

In the Mott Haven neighborhood, 52.6% 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 99.4% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.

People

The Mott Haven neighborhood stands out for having an average per capita income lower than 98.6% of the neighborhoods in the United States. The Mott Haven neighborhood also has a greater percentage of children living in poverty (61.2%) than found in 97.1% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, neighborhoodScout's exclusive research revealed that 93.3% of the adult residents in the Mott Haven neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.1% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mott Haven neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.6% of all American neighborhoods.

Diversity

Did you know that the Mott Haven neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.6% of this neighborhood's residents have Dominican ancestry and 29.2% have Puerto Rican ancestry.

Mott Haven is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

The Neighbors

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 Mott Haven 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 98.6% of U.S. neighborhoods. With 61.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.1% 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 Mott Haven neighborhood, 42.7% 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 clerical, assistant, and tech support occupations, with 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.3%), and 9.1% in executive, management, and professional 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 Mott Haven neighborhood is Spanish, spoken by 61.6% 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 Mott Haven neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (29.2%). There are also a number of people of Dominican ancestry (28.6%), and residents who report South American roots (8.2%), and some of the residents are also of Sub-Saharan African ancestry (7.0%), along with some African ancestry residents (3.1%), among others. In addition, 39.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 Mott Haven neighborhood spend between 45 minutes and one hour commuting one-way to work (47.4% of working residents), longer and tougher than most commutes in America.

Here most residents (52.6%) take the train to get to work. In addition, quite a number also ride the bus to get to work (17.6%) and 12.0% of residents also drive alone in a private automobile 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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