Mount Eden median real estate price is $556,259, which is more expensive than 42.5% of the neighborhoods in New York and 70.9% of the neighborhoods in the U.S.
The average rental price in Mount Eden is currently $2,288, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.1% of New York neighborhoods.
Mount Eden is a densely urban neighborhood (based on population density) located in Bronx, New York.
Mount Eden 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 Mount Eden neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
In Mount Eden, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 86.4% of all neighborhoods in the U.S. This means that the housing supply in Mount Eden is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
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 141,358 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 Mount Eden 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 Mount Eden neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.9% 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 99.4% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Mount Eden 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.
Also of note, the Mount Eden 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 89.3% 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.
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 Mount Eden neighborhood have a highly unusual car ownership. 80.9% 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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Mount Eden neighborhood has more single mother households than 99.6% 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, of note, 52.8% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In the Mount Eden neighborhood, 48.9% 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 99.6% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (19.6% ride the bus) than 98.8% 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.
Finally, in the Mount Eden neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 18.3% of residents here. This is a higher proportion of walking commuters than we found in 98.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mount Eden neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.5% of all American neighborhoods.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mount Eden neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.4% of all neighborhoods in America.
Did you know that the Mount Eden neighborhood has more West Indian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.3% of this neighborhood's residents have West Indian ancestry and 51.4% have Dominican ancestry.
Mount Eden is also pretty special linguistically. Significantly, 70.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.5% of all U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Mount Eden neighborhood has a greater percentage of residents born in another country (44.8%) than are found in 95.8% 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 Mount Eden 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 89.0% of U.S. neighborhoods. With 52.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.1% 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 Mount Eden neighborhood, 40.7% 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 30.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 13.7% 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 Mount Eden neighborhood is Spanish, spoken by 70.7% of households. Other important languages spoken here include English and French.
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 Mount Eden neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (51.4%). There are also a number of people of Puerto Rican ancestry (15.5%), and residents who report Haitian roots (3.2%), and some of the residents are also of Sub-Saharan African ancestry (3.0%), along with some African ancestry residents (3.0%), among others. In addition, 44.8% 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 Mount Eden neighborhood spend between 45 minutes and one hour commuting one-way to work (31.3% of working residents), longer and tougher than most commutes in America.
Here most residents (48.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (19.6%) and 18.3% 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.
