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Real Estate Prices & Overview

Tinton Ave / E 163rd St median real estate price is $885,348, which is more expensive than 66.3% of the neighborhoods in New York and 87.0% of the neighborhoods in the U.S.

The average rental price in Tinton Ave / E 163rd St is currently $2,576, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.9% of New York neighborhoods.

Tinton Ave / E 163rd St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Tinton Ave / E 163rd 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 Tinton Ave / E 163rd St 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 Tinton Ave / E 163rd St are 4.7%, which is lower than one will find in 67.1% of American neighborhoods. Demand for real estate in Tinton Ave / E 163rd 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.

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 Tinton Ave / E 163rd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (31.9% ride the bus) than 99.8% 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, more people in Tinton Ave / E 163rd St choose to walk to work each day (21.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Finally, in the Tinton Ave / E 163rd St neighborhood, 22.2% 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 97.6% 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 Tinton Ave / E 163rd St neighborhood buck this trend. 72.8% 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

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 97,448 people per square mile, it is more densely populated than 99.6% of America's neighborhoods.

In addition, the real estate in the Tinton Ave / E 163rd St 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, 88.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.9% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the Tinton Ave / E 163rd St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.6%, which is higher than 97.7% 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.

Occupations

There are more people living in the Tinton Ave / E 163rd St neighborhood employed as sales and service workers (50.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

People

Single parenting is hard. But you don't have to tell the Tinton Ave / E 163rd St neighborhood about it; they already know. 20.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.3% 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.

In addition, the Tinton Ave / E 163rd St neighborhood stands out for having an average per capita income lower than 96.6% of the neighborhoods in the United States.

Diversity

Did you know that the Tinton Ave / E 163rd St neighborhood has more Dominican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.7% of this neighborhood's residents have Dominican ancestry and 4.2% have Haitian ancestry.

Tinton Ave / E 163rd St is also pretty special linguistically. Significantly, 0.9% 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 97.0% 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 Tinton Ave / E 163rd St 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 96.6% of U.S. neighborhoods. With 50.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% 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 Tinton Ave / E 163rd St neighborhood, 49.2% 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 18.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.7%), and 16.1% 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 Tinton Ave / E 163rd St neighborhood is Spanish, spoken by 52.5% of households. Other important languages spoken here include English and French.

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 Tinton Ave / E 163rd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (29.7%). There are also a number of people of Puerto Rican ancestry (11.1%), and residents who report Asian roots (7.3%), and some of the residents are also of Sub-Saharan African ancestry (5.4%), along with some Haitian ancestry residents (4.2%), among others. In addition, 25.5% 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 Tinton Ave / E 163rd St neighborhood spend between 30 and 45 minutes commuting one-way to work (35.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (31.9%) ride the bus to get to work. In addition, quite a number also take the train to get to work (22.2%) and 21.5% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Tinton Ave / E 163rd St neighborhood of Bronx by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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