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Real Estate Prices & Overview

Marginal St / W 133rd St median real estate price is $1,147,459, which is more expensive than 83.2% of the neighborhoods in New York and 94.6% of the neighborhoods in the U.S.

The average rental price in Marginal St / W 133rd St is currently $3,067, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.6% of New York neighborhoods.

Marginal St / W 133rd St is a densely urban neighborhood (based on population density) located in New York, New York.

Marginal St / W 133rd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Marginal St / W 133rd St 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 9.0% in Marginal St / W 133rd St. NeighborhoodScout analysis shows that this rate is lower than 43.0% 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 New York, the Marginal St / W 133rd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Marginal St / W 133rd St neighborhood has a highly unusual pattern of car ownership. 87.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.

Real Estate

What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 133,661 people per square mile, it is more densely populated than 99.9% of America's neighborhoods.

In addition, the real estate in the Marginal St / W 133rd St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 95.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.1% of American neighborhoods.

Furthermore, 96.5% of the real estate in the Marginal St / W 133rd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

In the Marginal St / W 133rd St neighborhood, 55.1% 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 99.7% of the neighborhoods in America.

Also, our research revealed that more commuters here take the bus to work (16.1% ride the bus) than 97.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.4% of residents in the Marginal St / W 133rd St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

One of the most interesting things about the Marginal St / W 133rd St neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.4% of the neighborhoods in America.

Diversity

Did you know that the Marginal St / W 133rd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.5% of this neighborhood's residents have Dominican ancestry and 16.4% have Puerto Rican ancestry.

Marginal St / W 133rd St is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.3% 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 Marginal St / W 133rd St neighborhood in New York are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.6% of U.S. neighborhoods. With 32.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Marginal St / W 133rd St neighborhood, 40.9% 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 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.6%), and 10.2% 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 Marginal St / W 133rd St neighborhood is Spanish, spoken by 49.0% of households. Other important languages spoken here include English and Chinese.

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 Marginal St / W 133rd St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Dominican (40.5%). There are also a number of people of Puerto Rican ancestry (16.4%), and residents who report Asian roots (8.0%), and some of the residents are also of Irish ancestry (5.0%), along with some German ancestry residents (3.6%), among others. In addition, 35.7% 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 Marginal St / W 133rd St neighborhood spend between 30 and 45 minutes commuting one-way to work (46.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (55.1%) take the train to get to work. In addition, quite a number also ride the bus to get to work (16.1%) and 5.3% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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