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Real Estate Prices & Overview

Rev James A Polite Ave / E 162nd St median real estate price is $842,696, which is more expensive than 64.9% of the neighborhoods in New York and 86.4% of the neighborhoods in the U.S.

The average rental price in Rev James A Polite Ave / E 162nd St is currently $2,157, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 69.6% of New York neighborhoods.

Rev James A Polite Ave / E 162nd St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Rev James A Polite Ave / E 162nd 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 Rev James A Polite Ave / E 162nd St 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 8.5% in Rev James A Polite Ave / E 162nd St. NeighborhoodScout analysis shows that this rate is lower than 43.3% 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 Rev James A Polite Ave / E 162nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.7% of residents in the Rev James A Polite Ave / E 162nd St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the Rev James A Polite Ave / E 162nd St neighborhood, 33.5% 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 98.6% of the neighborhoods in America.

Finally, more people in Rev James A Polite Ave / E 162nd St choose to walk to work each day (19.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

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 81,538 people per square mile, it is more densely populated than 99.4% of America's neighborhoods.

In addition, 100.0% of the real estate in the Rev James A Polite Ave / E 162nd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the real estate in the Rev James A Polite Ave / E 162nd St 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, 89.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.1% of American neighborhoods.

Also of note, the Rev James A Polite Ave / E 162nd St 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 89.0% 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

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 Rev James A Polite Ave / E 162nd St neighborhood has a highly unusual pattern of car ownership. 60.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Rev James A Polite Ave / E 162nd St neighborhood about it; they already know. 23.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.5% 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.

In addition, of note, 54.3% 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.

Occupations

The Rev James A Polite Ave / E 162nd St neighborhood stands out nationally for having a greater proportion of its residents active in the military than 96.0% of other U.S. neighborhoods. If you come here, you will notice military people active in their jobs, going to and from work, and in plain clothes out and about the neighborhood.

Diversity

Did you know that the Rev James A Polite Ave / E 162nd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.1% of this neighborhood's residents have Dominican ancestry and 24.2% have Puerto Rican ancestry.

Rev James A Polite Ave / E 162nd St is also pretty special linguistically. Significantly, 6.9% 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 99.3% 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 Rev James A Polite Ave / E 162nd 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 93.3% of U.S. neighborhoods. With 54.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Rev James A Polite Ave / E 162nd St neighborhood, 29.1% 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 manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.9%), and 21.5% 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 Rev James A Polite Ave / E 162nd St neighborhood is Spanish, spoken by 63.4% of households. Other important languages spoken here include English, African languages and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Rev James A Polite Ave / E 162nd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (42.1%). There are also a number of people of Puerto Rican ancestry (24.2%), and residents who report Sub-Saharan African roots (4.2%), and some of the residents are also of African ancestry (3.7%), along with some Jamaican ancestry residents (3.4%), among others. In addition, 34.5% 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 Rev James A Polite Ave / E 162nd St neighborhood spend under 15 minutes commuting one-way to work (34.8% of working residents), one of the shortest commutes across America.

Here most residents (33.5%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (19.8%) and 13.5% 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.


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