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Real Estate Prices & Overview

Morrisania Southwest median real estate price is $697,928, which is more expensive than 51.7% of the neighborhoods in New York and 79.6% of the neighborhoods in the U.S.

The average rental price in Morrisania Southwest is currently $2,391, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.8% of New York neighborhoods.

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

Morrisania Southwest 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 Morrisania Southwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.0% in Morrisania Southwest. NeighborhoodScout analysis shows that this rate is lower than 57.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.7% of U.S. neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.7% of the Morrisania Southwest 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

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Morrisania Southwest neighborhood. A whopping 94.5% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 99.3% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, renter-occupied real estate is dominant in the Morrisania Southwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.0%, which is higher than 99.0% 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.

Furthermore, one of the really unique and interesting things about the look and setting of the Morrisania Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.2% 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 98.5% of all neighborhoods in America.

Also of note, the Morrisania Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 43,279 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods.

Finally, the Morrisania Southwest 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 87.8% 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.

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 Morrisania Southwest neighborhood have a highly unusual car ownership. 53.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.

People

There is an especially high percentage of incarcerated people (0.8%) living in the Morrisania Southwest neighborhood.

Diversity

Did you know that the Morrisania Southwest neighborhood has more Sub-Saharan African and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.8% of this neighborhood's residents have Sub-Saharan African ancestry and 22.0% have Dominican ancestry.

Morrisania Southwest is also pretty special linguistically. Significantly, 12.4% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.4% 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 Morrisania Southwest neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.0% of U.S. neighborhoods. With 39.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.2% 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 Morrisania Southwest neighborhood, 35.6% 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 executive, management, and professional occupations, with 28.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.8%), and 12.6% 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 Morrisania Southwest neighborhood is English, spoken by 39.0% of households. Other important languages spoken here include Spanish, French 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 Morrisania Southwest neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (26.8%). There are also a number of people of Puerto Rican ancestry (26.3%), and residents who report Dominican roots (22.0%), and some of the residents are also of African ancestry (12.7%), along with some Haitian ancestry residents (3.8%), among others. In addition, 34.4% 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 Morrisania Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (44.7% of working residents), longer and tougher than most commutes in America.

Here most residents (30.1%) ride the bus to get to work. In addition, quite a number also take the train to get to work (28.7%) and 24.8% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Morrisania Southwest 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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