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Real Estate Prices & Overview

Philipse Manor / Sleepy Hollow Manor median real estate price is $1,005,280, which is more expensive than 75.9% of the neighborhoods in New York and 91.1% of the neighborhoods in the U.S.

The average rental price in Philipse Manor / Sleepy Hollow Manor is currently $3,882, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 75.9% of the neighborhoods in New York.

Philipse Manor / Sleepy Hollow Manor is a suburban neighborhood (based on population density) located in Sleepy Hollow, New York.

Philipse Manor / Sleepy Hollow Manor real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Philipse Manor / Sleepy Hollow Manor 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 1940 and 1969.

Real estate vacancies in Philipse Manor / Sleepy Hollow Manor are 3.1%, which is lower than one will find in 79.7% of American neighborhoods. Demand for real estate in Philipse Manor / Sleepy Hollow Manor is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Sleepy Hollow, the Philipse Manor / Sleepy Hollow Manor neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Philipse Manor / Sleepy Hollow Manor neighborhood is wealthier than 98.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Philipse Manor / Sleepy Hollow Manor also has one of the lowest ratings of child poverty in the nation.

In addition, if you are planning to retire in New York, this neighborhood should be on your must-see list. For many reasons, Philipse Manor / Sleepy Hollow Manor may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New York, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 97.2% of neighborhoods in NY. If a New York retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates, highly educated executives and college students.

Also, 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 36.1% 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 95.5% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.1% of the Philipse Manor / Sleepy Hollow Manor neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.6% of America's neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Philipse Manor / Sleepy Hollow Manor neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.4% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.4% of all neighborhoods in America.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Philipse Manor / Sleepy Hollow Manor neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 33.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.6% of America's neighborhoods.

Diversity

Did you know that the Philipse Manor / Sleepy Hollow Manor neighborhood has more Portuguese and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.4% of this neighborhood's residents have Portuguese ancestry and 5.9% have Russian ancestry.

Philipse Manor / Sleepy Hollow Manor is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.

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 Philipse Manor / Sleepy Hollow Manor neighborhood in Sleepy Hollow are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 98.2% of the neighborhoods in America. 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.

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 Philipse Manor / Sleepy Hollow Manor neighborhood, 62.7% 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 16.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 8.5% 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 Philipse Manor / Sleepy Hollow Manor neighborhood is English, spoken by 72.5% of households. Other important languages spoken here include Spanish and French.

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 Philipse Manor / Sleepy Hollow Manor neighborhood in Sleepy Hollow, NY, residents most commonly identify their ethnicity or ancestry as Irish (21.1%). There are also a number of people of Italian ancestry (13.7%), and residents who report German roots (13.0%), and some of the residents are also of English ancestry (11.8%), along with some Portuguese ancestry residents (8.4%), among others. In addition, 17.7% 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 Philipse Manor / Sleepy Hollow Manor neighborhood spend under 15 minutes commuting one-way to work (30.6% of working residents), one of the shortest commutes across America. However, there is also a significant group of residents (12.4%) who commute over an hour in each direction.

Here most residents (39.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.1%) and 11.7% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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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