Van Nest West median real estate price is $645,448, which is more expensive than 50.9% of the neighborhoods in New York and 76.5% of the neighborhoods in the U.S.
The average rental price in Van Nest West is currently $3,167, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.4% of New York neighborhoods.
Van Nest West is a densely urban neighborhood (based on population density) located in Bronx, New York.
Van Nest West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Van Nest West 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 Van Nest West are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in Van Nest West 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
The Van Nest West neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,000 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Van Nest West neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Van Nest West neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 50.6% of the real estate here is made up of such dwellings, which is higher than 98.4% of all U.S. neighborhoods.
Furthermore, 89.3% of the real estate in the Van Nest West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Van Nest West neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 67.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.0% of the neighborhoods in the United States.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (21.1% ride the bus) than 98.8% 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.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 27.5% of the Van Nest West neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.0% of America's neighborhoods.
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 Van Nest West neighborhood have a highly unusual car ownership. 32.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.
People
Van Nest West has the amazing distinction of housing more same sex couples living together than 97.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Diversity
Did you know that the Van Nest West neighborhood has more Dominican and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.9% of this neighborhood's residents have Dominican ancestry and 9.2% have Arab ancestry.
Van Nest West is also pretty special linguistically. Significantly, 6.4% 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 99.0% 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 Van Nest West 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 51.5% of the neighborhoods in America. In addition, 3.5% 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 69.6% of America'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 Van Nest West neighborhood, 30.8% 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 24.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 22.2% 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 Van Nest West neighborhood is Spanish, spoken by 62.4% of households. Other important languages spoken here include English, Arabic, French and Langs. of India.
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 Van Nest West neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (29.9%). There are also a number of people of Puerto Rican ancestry (16.4%), and residents who report Mexican roots (10.4%), and some of the residents are also of Arab ancestry (9.2%), along with some Sub-Saharan African ancestry residents (5.0%), among others. In addition, 39.8% 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 Van Nest West neighborhood spend between 45 minutes and one hour commuting one-way to work (45.7% of working residents), longer and tougher than most commutes in America.
Here most residents (27.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.3%) and 21.1% 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.
