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Real Estate Prices & Overview

Mahopac Falls median real estate price is $520,312, which is more expensive than 43.3% of the neighborhoods in New York and 70.6% of the neighborhoods in the U.S.

The average rental price in Mahopac Falls is currently $2,977, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.0% of New York neighborhoods.

Mahopac Falls is a suburban neighborhood (based on population density) located in Mahopac, New York.

Mahopac Falls real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Mahopac Falls neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 6.5% in Mahopac Falls. NeighborhoodScout analysis shows that this rate is lower than 56.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Diversity

Did you know that the Mahopac Falls neighborhood has more Italian and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.9% of this neighborhood's residents have Italian ancestry and 2.8% have Brazilian ancestry.

Mahopac Falls is also pretty special linguistically. Significantly, 11.6% of its residents five years old and above primarily speak Italian 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 Mahopac Falls neighborhood in Mahopac are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.5% of the neighborhoods in America. In addition, 8.9% 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 53.4% 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 Mahopac Falls neighborhood, 44.0% 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 22.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.8%), and 14.9% 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 Mahopac Falls neighborhood is English, spoken by 57.8% of households. Other important languages spoken here include Spanish, Italian and Polish.

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 Mahopac Falls neighborhood in Mahopac, NY, residents most commonly identify their ethnicity or ancestry as Italian (32.9%). There are also a number of people of South American ancestry (12.6%), and residents who report Puerto Rican roots (7.5%), and some of the residents are also of German ancestry (6.4%), along with some Irish ancestry residents (6.0%), among others. In addition, 19.4% 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 Mahopac Falls neighborhood spend between 45 minutes and one hour commuting one-way to work (42.1% of working residents), longer and tougher than most commutes in America.

Here most residents (76.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.3%) . 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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