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Real Estate Prices & Overview

Lafontaine Ave / E 181st St median real estate price is $704,272, which is more expensive than 53.6% of the neighborhoods in New York and 80.6% of the neighborhoods in the U.S.

The average rental price in Lafontaine Ave / E 181st St is currently $2,312, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.9% 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 between 1970 and 1999.

Real estate vacancies in Lafontaine Ave / E 181st St are 5.9%, which is lower than one will find in 60.3% 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

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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (33.6% ride the bus) than 99.8% 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, in the Lafontaine Ave / E 181st St neighborhood, 28.7% 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 98.1% of the neighborhoods in America.

Real Estate

99.9% of the real estate in the Lafontaine Ave / E 181st St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

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. 82.5% 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 97.1% of all neighborhoods in America.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Lafontaine Ave / E 181st St neighborhood has more single mother households than 99.2% 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.

In addition, the Lafontaine Ave / E 181st St neighborhood stands out for having an average per capita income lower than 96.9% of the neighborhoods in the United States.

Also, neighborhoodScout's exclusive research revealed that 94.6% of the adult residents in the Lafontaine Ave / E 181st St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.8% of the neighborhoods in America.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Lafontaine Ave / E 181st St neighborhood has a highly unusual pattern of car ownership. 49.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.

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, 35.4% of this neighborhood's residents have Puerto Rican ancestry and 12.7% 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

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 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 96.9% of U.S. neighborhoods. With 49.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.6% 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 Lafontaine Ave / E 181st St neighborhood, 36.0% 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 26.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.1%), and 18.1% in manufacturing and laborer 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 Spanish, spoken by 43.2% of households. Other important languages spoken here include English and African languages.

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 Lafontaine Ave / E 181st St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (35.4%). There are also a number of people of Dominican ancestry (12.7%), and residents who report Sub-Saharan African roots (10.8%), and some of the residents are also of African ancestry (4.9%), along with some Mexican ancestry residents (4.6%), among others. In addition, 27.8% 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 (43.9% of working residents), longer and tougher than most commutes in America.

Here most residents (33.6%) ride the bus to get to work. In addition, quite a number also take the train to get to work (28.7%) and 26.8% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Lafontaine Ave / E 181st St neighborhood of Bronx by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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