Grand Concourse / Field Pl median real estate price is $326,307, which is less expensive than 72.4% of New York neighborhoods and 57.1% of all U.S. neighborhoods.
The average rental price in Grand Concourse / Field Pl is currently $2,917, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.7% of New York neighborhoods.
Grand Concourse / Field Pl is a densely urban neighborhood (based on population density) located in Bronx, New York.
Grand Concourse / Field Pl 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 Grand Concourse / Field Pl 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.
In Grand Concourse / Field Pl, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 88.9% of all neighborhoods in the U.S. This means that the housing supply in Grand Concourse / Field Pl is very tight compared to the demand for property here.
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 Grand Concourse / Field Pl neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 130,950 people per square mile, it is more densely populated than 99.9% 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 Grand Concourse / Field Pl neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Grand Concourse / Field Pl neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.9% 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 99.6% of all neighborhoods in America.
Furthermore, 98.5% of the real estate in the Grand Concourse / Field Pl neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, the Grand Concourse / Field Pl neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In the Grand Concourse / Field Pl neighborhood, 56.9% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.8% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.
Finally, more people in Grand Concourse / Field Pl choose to walk to work each day (11.0%) 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.
American households most often have a car, and regularly they have two or three. But households in the Grand Concourse / Field Pl neighborhood buck this trend. 76.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Grand Concourse / Field Pl neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.9% of all American neighborhoods.
One of the unique characteristics of the Grand Concourse / Field Pl neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.0% of the neighborhoods in America.
In addition, single parenting is hard. But you don't have to tell the Grand Concourse / Field Pl neighborhood about it; they already know. 19.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Did you know that the Grand Concourse / Field Pl neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.1% of this neighborhood's residents have Dominican ancestry and 13.7% have Puerto Rican ancestry.
Grand Concourse / Field Pl is also pretty special linguistically. Significantly, 68.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.2% of all U.S. neighborhoods.
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 Grand Concourse / Field Pl neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.0% of U.S. neighborhoods. With 38.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.7% of U.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 Grand Concourse / Field Pl neighborhood, 45.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.9%), and 12.2% in executive, management, and professional 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 Grand Concourse / Field Pl neighborhood is Spanish, spoken by 68.5% of households. Other important languages spoken here include English and Italian.
Ethnicity / Ancestry
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 Grand Concourse / Field Pl neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (35.1%). There are also a number of people of Mexican ancestry (13.8%), and residents who report Puerto Rican roots (13.7%), and some of the residents are also of Sub-Saharan African ancestry (6.0%), along with some Italian ancestry residents (2.7%), among others. In addition, 36.3% 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 Grand Concourse / Field Pl neighborhood spend between 45 minutes and one hour commuting one-way to work (43.8% of working residents), longer and tougher than most commutes in America.
Here most residents (56.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (15.5%) and 11.0% 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.
