Mount Vernon South median real estate price is $875,843, which is more expensive than 65.8% of the neighborhoods in New York and 87.2% of the neighborhoods in the U.S.
The average rental price in Mount Vernon South is currently $2,052, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.3% of New York neighborhoods.
Mount Vernon South is a densely urban neighborhood (based on population density) located in Mount Vernon, New York.
Mount Vernon South 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 occupied by a mixture of owners and renters. Many of the residences in the Mount Vernon South 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 1970 and 1999.
Real estate vacancies in Mount Vernon South are 4.9%, which is lower than one will find in 65.9% of American neighborhoods. Demand for real estate in Mount Vernon South 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.
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 Mount Vernon, the Mount Vernon South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Mount Vernon South 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 53.8% of the real estate here is made up of such dwellings, which is higher than 98.8% of all U.S. neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Mount Vernon South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,480 people per square mile living here. 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 Mount Vernon South neighborhood is one of the most walkable neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.8% of residents in the Mount Vernon South neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 12.9% of the Mount Vernon South neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.2% of America's neighborhoods.
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 Mount Vernon South neighborhood has a highly unusual pattern of car ownership. 36.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.8% of U.S. neighborhoods.
Did you know that the Mount Vernon South neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.7% of this neighborhood's residents have Jamaican ancestry and 8.5% have Dominican ancestry.
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 Mount Vernon South neighborhood in Mount Vernon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 71.5% of U.S. neighborhoods. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.4% 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 Mount Vernon South neighborhood, 39.8% 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 22.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.4%), and 16.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Mount Vernon South neighborhood is English, spoken by 72.6% of households. Some people also speak Spanish (16.6%).
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 Mount Vernon South neighborhood in Mount Vernon, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (28.7%). There are also a number of people of Puerto Rican ancestry (10.9%), and residents who report Dominican roots (8.5%), and some of the residents are also of Asian ancestry (3.0%), along with some Mexican ancestry residents (2.2%), among others. In addition, 20.9% 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 Mount Vernon South neighborhood spend between 15 and 30 minutes commuting one-way to work (37.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (51.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.6%) and 12.9% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.