Morrisania South median real estate price is $538,375, which is more expensive than 41.4% of the neighborhoods in New York and 69.9% of the neighborhoods in the U.S.
The average rental price in Morrisania South is currently $2,735, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.1% of New York neighborhoods.
Morrisania South is a densely urban neighborhood (based on population density) located in Bronx, New York.
Morrisania South 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 Morrisania South neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Morrisania South, 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 Morrisania South is very tight compared to the demand for property here.
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 Bronx, the Morrisania South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
98.0% of the real estate in the Morrisania South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Morrisania South neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, 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 73,306 people per square mile, it is more densely populated than 99.2% of America's neighborhoods.
Furthermore, the real estate in the Morrisania South 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, 90.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.2% of American neighborhoods.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (40.7% ride the bus) than 99.9% 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.
Also, more people in Morrisania South choose to walk to work each day (13.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Finally, in the Morrisania South neighborhood, 14.2% 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 96.3% of the neighborhoods in America.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Morrisania South neighborhood have a highly unusual car ownership. 81.0% 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.
People
The Morrisania South neighborhood stands out for having an average per capita income lower than 99.1% of the neighborhoods in the United States.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Morrisania South neighborhood has more single mother households than 96.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
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 Morrisania South neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.5% 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 96.8% of all neighborhoods in America.
Diversity
Did you know that the Morrisania South neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.6% of this neighborhood's residents have Dominican ancestry and 18.6% have Puerto Rican ancestry.
Morrisania South is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
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 Morrisania South 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 99.1% of U.S. neighborhoods. With 47.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.1% 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 Morrisania South neighborhood, 28.0% 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 26.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.0%), and 21.7% 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 Morrisania South neighborhood is Spanish, spoken by 48.8% of households. Other important languages spoken here include English and African languages.
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 Morrisania South neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (28.6%). There are also a number of people of Puerto Rican ancestry (18.6%), and residents who report Sub-Saharan African roots (7.8%), and some of the residents are also of Mexican ancestry (4.3%), along with some Arab ancestry residents (4.1%), among others. In addition, 18.1% of the residents of this neighborhood were born in another country.
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 Morrisania South neighborhood spend between 30 and 45 minutes commuting one-way to work (43.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (11.5%) who commute over an hour in each direction.
Here most residents (40.7%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.5%) and 14.2% of residents also take the train for their daily commute. The bus provides a valuable service in the Morrisania South neighborhood of Bronx by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
