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Real Estate Prices & Overview

Clason Point Ln / Noble Ave median real estate price is $673,509, which is more expensive than 54.7% of the neighborhoods in New York and 81.2% of the neighborhoods in the U.S.

The average rental price in Clason Point Ln / Noble Ave is currently $2,203, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.8% of New York neighborhoods.

Clason Point Ln / Noble Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.

Clason Point Ln / Noble 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Clason Point Ln / Noble Ave 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 Clason Point Ln / Noble Ave are 3.7%, which is lower than one will find in 75.4% of American neighborhoods. Demand for real estate in Clason Point Ln / Noble 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.

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 Clason Point Ln / Noble Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Clason Point Ln / Noble Ave neighborhood stands out for having an average per capita income lower than 99.6% of the neighborhoods in the United States. The Clason Point Ln / Noble Ave neighborhood also has a greater percentage of children living in poverty (69.6%) than found in 98.4% 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, single parenting is hard. But you don't have to tell the Clason Point Ln / Noble Ave neighborhood about it; they already know. 18.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (20.6% ride the bus) than 98.7% 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.

Also, in the Clason Point Ln / Noble Ave neighborhood, 25.1% 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 97.7% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Clason Point Ln / Noble Ave neighborhood buck this trend. 36.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.

Real Estate

The Clason Point Ln / Noble Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,815 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.

Diversity

Did you know that the Clason Point Ln / Noble Ave neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.6% of this neighborhood's residents have Puerto Rican ancestry and 19.3% have Dominican ancestry.

Clason Point Ln / Noble Ave is also pretty special linguistically. Significantly, 60.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.8% of all U.S. neighborhoods.

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 Clason Point Ln / Noble Ave 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 99.6% of U.S. neighborhoods. With 69.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.4% 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 Clason Point Ln / Noble Ave neighborhood, 29.8% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.0%), and 22.8% 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 Clason Point Ln / Noble Ave neighborhood is Spanish, spoken by 60.3% of households. Other important languages spoken here include English and Italian.

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 Clason Point Ln / Noble Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (42.6%). There are also a number of people of Dominican ancestry (19.3%), and residents who report Jamaican roots (12.5%), and some of the residents are also of German ancestry (5.2%), along with some Italian ancestry residents (1.5%), among others. In addition, 17.4% 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 Clason Point Ln / Noble Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (43.8% of working residents), longer and tougher than most commutes in America.

Here most residents (44.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.1%) and 20.6% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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