Ithaca, NY (Forest Home)








About Ithaca, NY (Forest Home)


Real Estate Prices and Overview

Forest Home median real estate price is $390,388, which is more expensive than 42.5% of the neighborhoods in New York and 73.4% of the neighborhoods in the U.S.

The average rental price in Forest Home is currently $1,434, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.4% of New York neighborhoods.

Forest Home is a densely urban neighborhood (based on population density) located in Ithaca, New York.

Forest Home real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Forest Home neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.6% in Forest Home. NeighborhoodScout analysis shows that this rate is lower than 51.3% 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 Ithaca, the Forest Home neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: Modes of Transportation

More people in Forest Home choose to walk to work each day (69.7%) 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, in the Forest Home neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 17.7% 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 98.8% 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.

Notable & Unique: People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 58.5% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.8% of U.S. neighborhoods, where the average American neighborhood has 12.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, the Forest Home neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.6% of college-friendly places to live in NY.

Notable & Unique: Real Estate

95.4% of the real estate in the Forest Home neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, if you like crowded places, then you will probably enjoy the the Forest Home neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.5% of neighborhoods in the U.S., with 26,250 people per square mile living here.

Notable & Unique: Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Forest Home neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.8% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Notable & Unique: Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Forest Home neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Notable & Unique: Diversity

Significantly, 6.7% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 96.6% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

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 Forest Home neighborhood in Ithaca are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 66.5% of U.S. neighborhoods. With 31.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% of U.S. neighborhoods.

The Neighbors: Occupations

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 Forest Home neighborhood, 37.1% 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 32.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.6%), and 6.6% in manufacturing and laborer occupations.

The Neighbors: 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 Forest Home neighborhood is English, spoken by 78.3% of households. Other important languages spoken here include Spanish and Chinese.

The Neighbors: 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 Forest Home neighborhood in Ithaca, NY, residents most commonly identify their ethnicity or ancestry as Asian (7.7%). There are also a number of people of South American ancestry (3.4%), and residents who report German roots (1.9%), and some of the residents are also of Irish ancestry (1.6%), along with some Sub-Saharan African ancestry residents (1.6%), among others. In addition, 15.1% 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 Forest Home neighborhood spend under 15 minutes commuting one-way to work (65.8% of working residents), one of the shortest commutes across America.

Here most residents (69.7%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.1%) and 10.8% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


Neighborhood Real Estate Data

Source
Real Estate Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

blankimg

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
Locked

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

blankimg
blankimg

Setting

 
blankimg

Neighborhood Look and Feel

blankimg

Housing Market Details

 

AGE OF Ithaca, NY (Forest Home) HOMES

blankimg

TYPE OF Ithaca, NY (Forest Home) HOMES

blankimg

SIZE OF Ithaca, NY (Forest Home) HOMES

blankimg

SIZE OF Ithaca, NY (Forest Home) HOMES

blankimg

homeownership

 
blankimg

Neighborhood Demographics Data

Source
Demographics Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2019 (latest available). Updated annually. Please note: Unemployment data updated February 2021.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

Lifestyle

 
blankimg

Special character

 
blankimg

Age / Marital Status

 

Gender Ratio

blankimg

Military & College Status

 
blankimg

Employment Industries in Forest Home

 
blankimg

Commute to work

 

Means Of Transport blankimg

Vehicles Per Household

blankimg

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

blankimg

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

blankimg

Languages Spoken (top 20)

blankimg

Unemployment Rate

 
blankimg

Average Income

 

Per Capita Income

blankimg

Median Household Income

blankimg

Education

 

Percent with College Degree

blankimg

Percent with Advanced Degree

blankimg

Income & Education

 
blankimg

Neighborhood Crime Data

Source
Crime Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0
LOCKED
LOCKED
3.59
National Median: 4
    Forest Home
    Ithaca
    New York

My Chances of Becoming a Victim of a Violent Crime

1 in

in Forest Home

1 in

in Ithaca

1 in 279

in New York State

Ithaca VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0
LOCKED
LOCKED
13.73
National Median: 21
    Forest Home
    Ithaca
    New York

My Chances of Becoming a Victim of a Property Crime

1 in

in Forest Home

1 in

in Ithaca

1 in 73

in New York State

Ithaca Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

200 150 100 50 0
LOCKED
LOCKED
35
National Median: 28.3
    Forest Home
    Ithaca
    New York

Neighborhood Public School Data

Source
School Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2017
  • Educational Environment: 2019 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

There are no schools physically located in this neighborhood.

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

ITHACA CITY SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New York

(10 is best)

Better than of NY school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

comparable neighborhoods nearby Icon info alt