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Real Estate Prices & Overview

Westchester median real estate price is $745,256, which is more expensive than 61.6% of the neighborhoods in New York and 84.5% of the neighborhoods in the U.S.

The average rental price in Westchester is currently $3,654, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.5% of the neighborhoods in New York.

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

Westchester real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings 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 Westchester 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.

Westchester has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Westchester neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 63.2% of the real estate here is made up of such dwellings, which is higher than 99.4% of all U.S. neighborhoods.

In addition, the Westchester neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,422 persons per square mile in the neighborhood, it is more packed with people than 97.6% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Westchester neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

More people in Westchester choose to walk to work each day (20.4%) 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.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 9.9% of the Westchester neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.0% of America's neighborhoods.

Diversity

Did you know that the Westchester neighborhood has more Austrian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Austrian ancestry and 25.1% have Dominican ancestry.

Westchester is also pretty special linguistically. Significantly, 6.0% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.5% of the neighborhoods in America.

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 Westchester neighborhood in Bronx are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.5% of the neighborhoods in America. In addition, 9.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 52.2% of America'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 Westchester neighborhood, 48.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 20.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.5%), and 14.5% in clerical, assistant, and tech support 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 Westchester neighborhood is English, spoken by 39.7% of households. Other important languages spoken here include Spanish, Italian, Tagalog (the first language of the Philippine region) and Arabic.

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 Westchester neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (25.1%). There are also a number of people of Italian ancestry (15.4%), and residents who report Puerto Rican roots (11.8%), and some of the residents are also of Asian ancestry (10.5%), along with some Irish ancestry residents (4.3%), among others. In addition, 28.4% 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 Westchester neighborhood spend between 15 and 30 minutes commuting one-way to work (26.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (36.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.4%) and 16.3% of residents also carpool with coworkers, friends, or neighbors 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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