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Real Estate Prices & Overview

Nelson Corners / North Highland median real estate price is $799,650, which is more expensive than 65.4% of the neighborhoods in New York and 85.5% of the neighborhoods in the U.S.

The average rental price in Nelson Corners / North Highland is currently $3,550, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.0% of the neighborhoods in New York.

Nelson Corners / North Highland is a rural neighborhood (based on population density) located in Cold Spring, New York.

Nelson Corners / North Highland real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Nelson Corners / North Highland neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Nelson Corners / North Highland has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.7% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (8.3%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Nelson Corners / North Highland neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Nelson Corners / North Highland neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 18.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.4% of all neighborhoods in America.

People

If you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Nelson Corners / North Highland may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 98.3% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

In addition, there is an especially high percentage of incarcerated people (1.0%) living in the Nelson Corners / North Highland neighborhood.

Modes of Transportation

In the Nelson Corners / North Highland neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 25.9% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, in the Nelson Corners / North Highland neighborhood, 16.3% 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 96.4% of the neighborhoods in America.

Diversity

Did you know that the Nelson Corners / North Highland neighborhood has more Portuguese and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.0% of this neighborhood's residents have Portuguese ancestry and 1.1% have Austrian ancestry.

Nelson Corners / North Highland is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 95.1% 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 Nelson Corners / North Highland neighborhood in Cold Spring are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 92.7% of the neighborhoods in America. In addition, 6.2% 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 61.5% of America'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 Nelson Corners / North Highland neighborhood, 53.5% of the working population is employed in executive, management, and professional 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 21.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 12.0% 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 Nelson Corners / North Highland neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Spanish 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 Nelson Corners / North Highland neighborhood in Cold Spring, NY, residents most commonly identify their ethnicity or ancestry as Italian (17.5%). There are also a number of people of Irish ancestry (17.0%), and residents who report German roots (10.6%), and some of the residents are also of English ancestry (10.5%), along with some Portuguese ancestry residents (6.0%), among others.

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 Nelson Corners / North Highland neighborhood spend between 45 minutes and one hour commuting one-way to work (25.1% of working residents), longer and tougher than most commutes in America.

Here most residents (46.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (16.3%) and 10.6% 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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