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Real Estate Prices & Overview

Elmira Northwest median real estate price is $145,842, which is less expensive than 92.6% of New York neighborhoods and 87.5% of all U.S. neighborhoods.

Average rental prices in the Elmira Northwest neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Elmira Northwest is an urban neighborhood (based on population density) located in Elmira, New York.

Elmira Northwest real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Elmira Northwest 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 1970 and 1999.

In Elmira Northwest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Elmira Northwest is very tight compared to the demand for property here.

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 Elmira, the Elmira Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Elmira Northwest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

In a nation where 1 out of every 4 children lives in poverty, the Elmira Northwest neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, an interesting characteristic about the Elmira Northwest neighborhood is that there are more incarcerated people living here than 99.9% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Also, the Elmira Northwest neighborhood is unique for having just 1.3% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.8% of America's neighborhoods.

Diversity

Did you know that the Elmira Northwest neighborhood has more Jamaican and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.2% of this neighborhood's residents have Jamaican ancestry and 3.3% have Native American ancestry.

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 Elmira Northwest neighborhood in Elmira are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Elmira Northwest neighborhood, 0.0% of the working population is employed in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Elmira Northwest neighborhood is English, spoken by 91.7% of households. Some people also speak Spanish (5.7%).

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 Elmira Northwest neighborhood in Elmira, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (16.2%). There are also a number of people of Native American ancestry (3.3%), and residents who report Puerto Rican roots (2.6%).

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 Elmira Northwest neighborhood spend longer than one hour commuting one-way to work (0.0% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (0.0%) ride a ferry to get to work. This neighborhood has a very special commuting pattern because ferries provide the most common means of getting to work.


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