E 161st St / Concourse Village W median real estate price is $347,479, which is less expensive than 71.6% of New York neighborhoods and 54.7% of all U.S. neighborhoods.
The average rental price in E 161st St / Concourse Village W is currently $2,311, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of New York neighborhoods.
E 161st St / Concourse Village W is a densely urban neighborhood (based on population density) located in Bronx, New York.
E 161st St / Concourse Village W 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 E 161st St / Concourse Village W neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In E 161st St / Concourse Village W, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.4% of all neighborhoods in the U.S. This means that the housing supply in E 161st St / Concourse Village W is very tight compared to the demand for property here.
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.
The first thing that you'll notice if you moved to this neighborhood is that an astounding 3.8% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.7% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the E 161st St / Concourse Village W neighborhood should definitely be on your list of places to consider.
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 94,878 people per square mile, it is more densely populated than 99.6% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the E 161st St / Concourse Village W neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the E 161st St / Concourse Village W 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 99.2% of American neighborhoods.
Furthermore, the E 161st St / Concourse Village W neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 85.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In the E 161st St / Concourse Village W neighborhood, 50.7% 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 99.6% of the neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.6% of residents in the E 161st St / Concourse Village W neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, our research revealed that more commuters here take the bus to work (13.0% ride the bus) than 96.8% 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.
American households most often have a car, and regularly they have two or three. But households in the E 161st St / Concourse Village W neighborhood buck this trend. 67.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the E 161st St / Concourse Village W neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.0% of all American neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E 161st St / Concourse Village W neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 161st St / Concourse Village W neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.4% 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 96.9% of all neighborhoods in America.
Did you know that the E 161st St / Concourse Village W neighborhood has more Arab and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.4% of this neighborhood's residents have Arab ancestry and 27.4% have Dominican ancestry.
E 161st St / Concourse Village W is also pretty special linguistically. Significantly, 13.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 E 161st St / Concourse Village W neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.1% of U.S. neighborhoods. With 51.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.5% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the E 161st St / Concourse Village W neighborhood, 46.4% 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 24.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.3%), and 11.7% 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 E 161st St / Concourse Village W neighborhood is Spanish, spoken by 45.5% of households. Other important languages spoken here include English, Arabic, Polish 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 E 161st St / Concourse Village W neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (27.4%). There are also a number of people of Puerto Rican ancestry (14.1%), and residents who report Arab roots (13.4%), and some of the residents are also of Sub-Saharan African ancestry (5.4%), along with some African ancestry residents (4.8%), among others. In addition, 39.6% of the residents of this neighborhood were born in another country.
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 E 161st St / Concourse Village W neighborhood spend between 45 minutes and one hour commuting one-way to work (52.0% of working residents), longer and tougher than most commutes in America.
Here most residents (50.7%) take the train to get to work. In addition, quite a number also ride the bus to get to work (13.0%) and 10.6% 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.
