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Real Estate Prices & Overview

Claremont Northwest median real estate price is $685,617, which is more expensive than 53.5% of the neighborhoods in New York and 80.2% of the neighborhoods in the U.S.

The average rental price in Claremont Northwest is currently $3,001, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.2% of New York neighborhoods.

Claremont Northwest is a densely urban neighborhood (based on population density) located in Bronx, New York.

Claremont Northwest 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 Claremont Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Claremont Northwest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Claremont Northwest is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Claremont Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Renter-occupied real estate is dominant in the Claremont Northwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. With a real estate vacancy rate of only 0.0%, the Claremont Northwest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 113,823 people per square mile, it is more densely populated than 99.8% of America'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 Claremont Northwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, one of the really unique and interesting things about the look and setting of the Claremont Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 85.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.6% of all neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 54.1% of the Claremont Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.6% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Claremont Northwest neighborhood buck this trend. 57.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.

People

The Claremont Northwest neighborhood has a greater percentage of children living in poverty (62.4%) than found in 97.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Claremont Northwest neighborhood has more single mother households than 96.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Diversity

Did you know that the Claremont Northwest neighborhood has more Dominican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.8% of this neighborhood's residents have Dominican ancestry and 2.6% have Haitian ancestry.

Claremont Northwest is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.2% 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 Claremont Northwest 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 54.1% of the neighborhoods in America. With 62.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.4% 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 Claremont Northwest neighborhood, 40.8% 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 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.1%), and 16.0% 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 Claremont Northwest neighborhood is Spanish, spoken by 46.6% of households. Other important languages spoken here include English and African languages.

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 Claremont Northwest neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (37.8%). There are also a number of people of Italian ancestry (18.0%), and residents who report Mexican roots (17.6%), and some of the residents are also of Irish ancestry (7.8%), along with some Puerto Rican ancestry residents (7.7%), among others. In addition, 39.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Claremont Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (50.4% of working residents), longer and tougher than most commutes in America.

Here most residents (54.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.6%) and 10.1% of residents also hop out the door and walk to work 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.


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