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Real Estate Prices & Overview

Port Morris median real estate price is $1,000,121, which is more expensive than 75.2% of the neighborhoods in New York and 91.0% of the neighborhoods in the U.S.

The average rental price in Port Morris is currently $3,747, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.5% of the neighborhoods in New York.

Port Morris is an urban neighborhood (based on population density) located in Bronx, New York.

Port Morris 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 Port Morris 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.

Home and apartment vacancy rates are 7.3% in Port Morris. NeighborhoodScout analysis shows that this rate is lower than 51.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

In the Port Morris neighborhood, 41.9% 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 98.9% of the neighborhoods in America.

Also, more people in Port Morris choose to walk to work each day (22.7%) 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, more people ride the bus in this neighborhood each day to get to work than 95.1% of U.S. neighborhoods.

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 Port Morris neighborhood has a highly unusual pattern of car ownership. 42.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Port Morris 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 Port Morris neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.3% 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

Renter-occupied real estate is dominant in the Port Morris neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.8%, which is higher than 96.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Diversity

Did you know that the Port Morris neighborhood has more Puerto Rican and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.3% of this neighborhood's residents have Puerto Rican ancestry and 5.0% have Portuguese ancestry.

Port Morris is also pretty special linguistically. Significantly, 2.2% 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 95.6% 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 Port Morris neighborhood in Bronx are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.7% of the neighborhoods in America. With 27.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Port Morris neighborhood, 35.9% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.8%), and 17.3% in executive, management, and professional 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 Port Morris neighborhood is English, spoken by 54.0% of households. Other important languages spoken here include Spanish, Langs. of India and African languages.

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 Port Morris neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.3%). There are also a number of people of Dominican ancestry (9.2%), and residents who report Mexican roots (5.7%), and some of the residents are also of Portuguese ancestry (5.0%), along with some Jamaican ancestry residents (3.9%), among others. In addition, 19.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Port Morris neighborhood spend between 30 and 45 minutes commuting one-way to work (44.5% 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 (12.3%) who commute over an hour in each direction.

Here most residents (41.9%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (22.7%) and 17.0% of residents also drive alone in a private automobile 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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