Binghamton East median real estate price is $123,422, which is less expensive than 95.9% of New York neighborhoods and 92.5% of all U.S. neighborhoods.
The average rental price in Binghamton East is currently $1,701, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.3% of New York neighborhoods.
Binghamton East is a suburban neighborhood (based on population density) located in Binghamton, New York.
Binghamton East 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 occupied by a mixture of owners and renters. Many of the residences in the Binghamton East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Binghamton East has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
There is an especially high percentage of incarcerated people (1.1%) living in the Binghamton East neighborhood.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Binghamton East neighborhood is a fantastic option for bicycle commuters, as 2.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 95.2% of the neighborhoods in America.
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 Binghamton East 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 30.8% of the real estate here is made up of such dwellings, which is higher than 95.0% of all U.S. neighborhoods.
Did you know that the Binghamton East neighborhood has more Yugoslav and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Yugoslav ancestry and 1.5% have Lithuanian 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 Binghamton East neighborhood in Binghamton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.8% of U.S. neighborhoods. With 29.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.1% of U.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 Binghamton East neighborhood, 37.0% 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 25.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.5%), and 16.5% in clerical, assistant, and tech support occupations.
The most common language spoken in the Binghamton East neighborhood is English, spoken by 87.4% of households. Some people also speak Spanish (6.3%).
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 Binghamton East neighborhood in Binghamton, NY, residents most commonly identify their ethnicity or ancestry as Irish (15.8%). There are also a number of people of German ancestry (15.6%), and residents who report Italian roots (14.9%), and some of the residents are also of English ancestry (13.7%), along with some Polish ancestry residents (5.3%), among others.
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 Binghamton East neighborhood spend under 15 minutes commuting one-way to work (42.4% of working residents), one of the shortest commutes across America.
Here most residents (70.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.