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Real Estate Prices & Overview

Tiebout Ave / E 188th St median real estate price is $673,230, which is more expensive than 54.5% of the neighborhoods in New York and 81.2% of the neighborhoods in the U.S.

The average rental price in Tiebout Ave / E 188th St is currently $2,928, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.6% of New York neighborhoods.

Tiebout Ave / E 188th St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Tiebout Ave / E 188th 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 Tiebout Ave / E 188th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.1% in Tiebout Ave / E 188th St. NeighborhoodScout analysis shows that this rate is lower than 53.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Tiebout Ave / E 188th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 118,364 people per square mile, it is more densely populated than 99.8% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Tiebout Ave / E 188th St neighborhood is one of the most walkable neighborhoods in America.

In addition, 98.9% of the real estate in the Tiebout Ave / E 188th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the real estate in the Tiebout Ave / E 188th 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, 91.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.4% of American neighborhoods.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Tiebout Ave / E 188th St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 84.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.8% of the neighborhoods in the United States.

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 Tiebout Ave / E 188th St neighborhood has a highly unusual pattern of car ownership. 66.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 39.1% of the Tiebout Ave / E 188th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.7% of America's neighborhoods.

Also, more people in Tiebout Ave / E 188th St choose to walk to work each day (18.4%) 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, our research revealed that more commuters here take the bus to work (14.3% ride the bus) than 97.0% 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.

Occupations

There are more people living in the Tiebout Ave / E 188th St neighborhood employed as sales and service workers (56.7%) 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

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Tiebout Ave / E 188th St neighborhood has more single mother households than 96.6% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the Tiebout Ave / E 188th St neighborhood has more Dominican and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.8% of this neighborhood's residents have Dominican ancestry and 1.9% have Brazilian ancestry.

Tiebout Ave / E 188th St is also pretty special linguistically. Significantly, 75.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.1% of all U.S. neighborhoods.

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. What is interesting to note, is that the Tiebout Ave / E 188th St neighborhood has a greater percentage of residents born in another country (49.8%) than are found in 97.6% of all U.S. neighborhoods.

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 Tiebout Ave / E 188th St neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.1% of U.S. neighborhoods. With 18.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Tiebout Ave / E 188th St neighborhood, 43.3% 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 manufacturing and laborer occupations, with 27.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.8%), and 11.1% 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 Tiebout Ave / E 188th St neighborhood is Spanish, spoken by 75.6% of households. Other important languages spoken here include English and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Tiebout Ave / E 188th St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (49.8%). There are also a number of people of Mexican ancestry (16.2%), and residents who report Puerto Rican roots (12.6%), and some of the residents are also of Sub-Saharan African ancestry (3.4%), along with some Brazilian ancestry residents (1.9%), among others. In addition, 49.8% 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 Tiebout Ave / E 188th St neighborhood spend between 45 minutes and one hour commuting one-way to work (46.2% of working residents), longer and tougher than most commutes in America.

Here most residents (39.1%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (18.4%) and 14.3% 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.


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