Parkchester North median real estate price is $400,170, which is less expensive than 70.6% of New York neighborhoods and 56.2% of all U.S. neighborhoods.
The average rental price in Parkchester North is currently $3,380, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.5% of New York neighborhoods.
Parkchester North is a densely urban neighborhood (based on population density) located in Bronx, New York.
Parkchester North 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Parkchester North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Home and apartment vacancy rates are 9.0% in Parkchester North. NeighborhoodScout analysis shows that this rate is lower than 40.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Parkchester North 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 120,422 people per square mile, it is more densely populated than 99.8% 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 Parkchester North neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the Parkchester North 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 95.4% 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.
Furthermore, the real estate in the Parkchester North neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 94.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.9% of American neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the Parkchester North neighborhood buck this trend. 70.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 99.5% of U.S. neighborhoods.
Also, in the Parkchester North neighborhood, 36.6% 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 98.8% of the neighborhoods in America.
Finally, if you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 0.7% of the Parkchester North neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 98.7% of America's neighborhoods.
Did you know that the Parkchester North neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.9% of this neighborhood's residents have Puerto Rican ancestry and 10.8% have Dominican ancestry.
Parkchester North is also pretty special linguistically. Significantly, 8.4% 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 99.5% of the neighborhoods in America.
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 Parkchester North 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 81.4% of U.S. neighborhoods. With 20.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.9% 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 Parkchester North neighborhood, 28.8% 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 28.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.3%), and 18.2% in manufacturing and laborer occupations.
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 Parkchester North neighborhood is English, spoken by 50.1% of households. Other important languages spoken here include Spanish and African languages.
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 Parkchester North neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (19.9%). There are also a number of people of Asian ancestry (14.9%), and residents who report Sub-Saharan African roots (12.0%), and some of the residents are also of Dominican ancestry (10.8%), along with some Jamaican ancestry residents (5.9%), among others. In addition, 37.3% of the residents of this neighborhood were born in another country.
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 Parkchester North neighborhood spend between 45 minutes and one hour commuting one-way to work (51.0% of working residents), longer and tougher than most commutes in America.
Here most residents (36.6%) take the train to get to work. In addition, quite a number also ride the bus to get to work (25.8%) and 13.3% of residents also drive alone in a private automobile 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.