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Real Estate Prices & Overview

Lafontaine Ave / E 181st St median real estate price is $648,523, which is more expensive than 47.6% of the neighborhoods in New York and 76.7% of the neighborhoods in the U.S.

The average rental price in Lafontaine Ave / E 181st St is currently $2,334, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of New York neighborhoods.

Lafontaine Ave / E 181st St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Lafontaine Ave / E 181st St 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 Lafontaine Ave / E 181st St neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Real estate vacancies in Lafontaine Ave / E 181st St are 4.0%, which is lower than one will find in 72.5% of American neighborhoods. Demand for real estate in Lafontaine Ave / E 181st St 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.

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 Lafontaine Ave / E 181st St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (19.8% ride the bus) than 98.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 30.6% of the Lafontaine Ave / E 181st St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.3% of America's neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Lafontaine Ave / E 181st St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.9%, which is higher than 98.4% 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.

In addition, the Lafontaine Ave / E 181st St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 43,466 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation'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 Lafontaine Ave / E 181st St 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 Lafontaine Ave / E 181st St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 81.5% 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 96.9% of all neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Lafontaine Ave / E 181st St neighborhood have a highly unusual car ownership. 42.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Lafontaine Ave / E 181st St neighborhood about it; they already know. 20.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.2% 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.

Occupations

There are more people living in the Lafontaine Ave / E 181st St neighborhood employed as sales and service workers (62.6%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Lafontaine Ave / E 181st St neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.8% of this neighborhood's residents have Puerto Rican ancestry and 15.9% have Dominican ancestry.

Lafontaine Ave / E 181st St is also pretty special linguistically. Significantly, 5.2% 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 98.8% of the neighborhoods in America.

The Neighbors

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 Lafontaine Ave / E 181st St 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 88.6% of U.S. neighborhoods. With 38.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.4% 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 Lafontaine Ave / E 181st St neighborhood, 37.4% 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 clerical, assistant, and tech support occupations, with 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.6%), and 14.0% 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 Lafontaine Ave / E 181st St neighborhood is English, spoken by 43.8% of households. Other important languages spoken here include Spanish 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 Lafontaine Ave / E 181st St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.8%). There are also a number of people of Dominican ancestry (15.9%), and residents who report Mexican roots (9.6%), and some of the residents are also of Sub-Saharan African ancestry (8.3%), along with some Jamaican ancestry residents (4.9%), among others. In addition, 28.1% 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 Lafontaine Ave / E 181st St neighborhood spend between 45 minutes and one hour commuting one-way to work (41.1% of working residents), longer and tougher than most commutes in America.

Here most residents (37.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (30.6%) and 19.8% of residents also ride the bus 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.


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