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Real Estate Prices & Overview

Genesee Valley Park / University of Rochester median real estate price is $183,283, which is less expensive than 87.7% of New York neighborhoods and 82.1% of all U.S. neighborhoods.

The average rental price in Genesee Valley Park / University of Rochester is currently $1,800, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.7% of New York neighborhoods.

Genesee Valley Park / University of Rochester is a suburban neighborhood (based on population density) located in Rochester, New York.

Genesee Valley Park / University of Rochester real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Genesee Valley Park / University of Rochester 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.

In Genesee Valley Park / University of Rochester, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.6% of all neighborhoods in the U.S. This means that the housing supply in Genesee Valley Park / University of Rochester is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Genesee Valley Park / University of Rochester neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Genesee Valley Park / University of Rochester community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the Genesee Valley Park / University of Rochester neighborhood has a greater concentration of residents currently enrolled in college than 99.5% of the neighborhoods in the U.S. With 67.0% of the population here attending college, this is very much a college-focused neighborhood.

Modes of Transportation

More people in Genesee Valley Park / University of Rochester choose to walk to work each day (36.2%) 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.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.9% of residents in the Genesee Valley Park / University of Rochester neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Genesee Valley Park / University of Rochester neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Genesee Valley Park / University of Rochester neighborhood has more Swiss ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Swiss ancestry.

Genesee Valley Park / University of Rochester is also pretty special linguistically. Significantly, 9.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.7% 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 Genesee Valley Park / University of Rochester neighborhood in Rochester are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Genesee Valley Park / University of Rochester neighborhood, 48.7% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.7%), and 10.8% 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 Genesee Valley Park / University of Rochester neighborhood is English, spoken by 77.0% of households. Other important languages spoken here include Chinese and Spanish.

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 Genesee Valley Park / University of Rochester neighborhood in Rochester, NY, residents most commonly identify their ethnicity or ancestry as Asian (16.9%). There are also a number of people of Irish ancestry (12.6%), and residents who report German roots (10.1%), and some of the residents are also of Italian ancestry (8.1%), along with some English ancestry residents (4.8%), among others. In addition, 16.7% of the residents of this neighborhood were born in another country.

Getting to Work

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 Genesee Valley Park / University of Rochester neighborhood spend under 15 minutes commuting one-way to work (48.1% of working residents), one of the shortest commutes across America.

Here most residents (44.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (36.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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