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Real Estate Prices & Overview

Greenwood Park median real estate price is $357,686, which is less expensive than 66.1% of New York neighborhoods and 44.9% of all U.S. neighborhoods.

The average rental price in Greenwood Park is currently $2,318, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.6% of New York neighborhoods.

Greenwood Park is a suburban neighborhood (based on population density) located in Rochester, New York.

Greenwood Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Greenwood Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Greenwood Park, 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 Greenwood Park is very tight compared to the demand for property here.

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.

Real Estate

With a real estate vacancy rate of only 0.0%, the Greenwood Park 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.

In addition, the Greenwood Park neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 99.8% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.4% of all neighborhoods in America.

People

According to NeighborhoodScout's exclusive analysis, Greenwood Park is among the best neighborhoods for families in New York. In fact, this neighborhood is more family-friendly than 95.3% of neighborhoods in the entire state of New York. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Greenwood Park neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for highly educated executives, active retirees and urban sophisticates.

Modes of Transportation

While most Americans do drive to work alone each day, the Greenwood Park neighborhood stands out by having 90.1% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 95.3% of all American neighborhoods.

Diversity

Did you know that the Greenwood Park neighborhood has more Italian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.4% of this neighborhood's residents have Italian ancestry and 7.5% have Scottish ancestry.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Greenwood Park neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Greenwood Park neighborhood in Rochester are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 81.7% of the neighborhoods in America. In addition, 2.6% 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 73.2% of America'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 Greenwood Park neighborhood, 59.2% 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 24.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.3%), and 7.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Greenwood Park neighborhood is English, spoken by 94.6% of households. Some people also speak Italian (2.6%).

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 Greenwood Park neighborhood in Rochester, NY, residents most commonly identify their ethnicity or ancestry as Italian (29.4%). There are also a number of people of German ancestry (18.4%), and residents who report Irish roots (15.8%), and some of the residents are also of English ancestry (10.5%), along with some Scottish ancestry residents (7.5%), 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 Greenwood Park neighborhood spend between 15 and 30 minutes commuting one-way to work (69.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.1%) drive alone in a private automobile to get to work. 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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Schools include:
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