Throgs Neck median real estate price is $784,494, which is more expensive than 62.4% of the neighborhoods in New York and 84.5% of the neighborhoods in the U.S.
The average rental price in Throgs Neck is currently $2,875, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.3% of New York neighborhoods.
Throgs Neck is a densely urban neighborhood (based on population density) located in Bronx, New York.
Throgs Neck 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 Throgs Neck neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Throgs Neck, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 82.8% of all neighborhoods in the U.S. This means that the housing supply in Throgs Neck 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 Throgs Neck neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Throgs Neck 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 Throgs Neck neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 19.9% 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 99.5% of all neighborhoods in America.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 98.9% of U.S. neighborhoods.
Also, in the Throgs Neck neighborhood, 25.2% 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 97.7% 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 Throgs Neck neighborhood have a highly unusual car ownership. 43.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
Real Estate
The Throgs Neck neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,025 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.
In addition, the Throgs Neck 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 85.3% 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.
Furthermore, renter-occupied real estate is dominant in the Throgs Neck neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.0%, which is higher than 95.7% 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.
People
The Throgs Neck neighborhood stands out for having an average per capita income lower than 97.0% of the neighborhoods in the United States.
In addition, single parenting is hard. But you don't have to tell the Throgs Neck neighborhood about it; they already know. 19.7% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Diversity
Did you know that the Throgs Neck neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.1% of this neighborhood's residents have Puerto Rican ancestry and 16.3% have Dominican ancestry.
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 Throgs Neck 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 97.0% of U.S. neighborhoods. With 12.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.5% 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 Throgs Neck neighborhood, 31.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 17.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the Throgs Neck neighborhood is English, spoken by 54.0% of households. Some people also speak Spanish (45.3%).
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 Throgs Neck neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (33.1%). There are also a number of people of Dominican ancestry (16.3%), and residents who report Jamaican roots (6.6%), and some of the residents are also of Cuban ancestry (4.4%), along with some South American ancestry residents (4.3%), among others. In addition, 13.7% 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 Throgs Neck neighborhood spend between 30 and 45 minutes commuting one-way to work (24.7% 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 (19.9%) who commute over an hour in each direction.
Here most residents (25.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.7%) and 21.8% of residents also ride the bus 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.
