Rochambeau Ave / Van Cortlandt Ave E median real estate price is $638,544, which is more expensive than 46.9% of the neighborhoods in New York and 76.2% of the neighborhoods in the U.S.
The average rental price in Rochambeau Ave / Van Cortlandt Ave E is currently $2,926, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.5% of New York neighborhoods.
Rochambeau Ave / Van Cortlandt Ave E is a densely urban neighborhood (based on population density) located in Bronx, New York.
Rochambeau Ave / Van Cortlandt Ave E 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Rochambeau Ave / Van Cortlandt Ave E, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Rochambeau Ave / Van Cortlandt Ave E is very tight compared to the demand for property here.
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 Rochambeau Ave / Van Cortlandt Ave E neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
98.4% of the real estate in the Rochambeau Ave / Van Cortlandt Ave E neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Rochambeau Ave / Van Cortlandt Ave E neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, the Rochambeau Ave / Van Cortlandt Ave E neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,258 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, the real estate in the Rochambeau Ave / Van Cortlandt Ave E 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, 89.5% 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 Rochambeau Ave / Van Cortlandt Ave E 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 88.6% 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.
Finally, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Rochambeau Ave / Van Cortlandt Ave E neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.1% of the neighborhoods in the United States.
In the Rochambeau Ave / Van Cortlandt Ave E neighborhood, 47.3% 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 99.4% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.
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 Rochambeau Ave / Van Cortlandt Ave E neighborhood have a highly unusual car ownership. 55.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Rochambeau Ave / Van Cortlandt Ave E neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.6% of all American neighborhoods.
The Rochambeau Ave / Van Cortlandt Ave E neighborhood has a greater percentage of children living in poverty (52.9%) than found in 95.2% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
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 Rochambeau Ave / Van Cortlandt Ave E neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.5% 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 95.0% of all neighborhoods in America.
Did you know that the Rochambeau Ave / Van Cortlandt Ave E neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.1% of this neighborhood's residents have Dominican ancestry and 16.0% have Puerto Rican ancestry.
Rochambeau Ave / Van Cortlandt Ave E is also pretty special linguistically. Significantly, 3.0% 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 97.1% of the neighborhoods in America.
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 Rochambeau Ave / Van Cortlandt Ave E neighborhood has a greater percentage of residents born in another country (42.6%) than are found in 95.0% 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 Rochambeau Ave / Van Cortlandt Ave E 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 81.9% of U.S. neighborhoods. With 52.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.2% 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood, 44.7% 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 executive, management, and professional occupations, with 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.3%), and 8.6% 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood is Spanish, spoken by 53.5% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (32.1%). There are also a number of people of Puerto Rican ancestry (16.0%), and residents who report Asian roots (14.6%), and some of the residents are also of Mexican ancestry (5.6%), along with some Sub-Saharan African ancestry residents (4.5%), among others. In addition, 42.6% 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 Rochambeau Ave / Van Cortlandt Ave E neighborhood spend between 45 minutes and one hour commuting one-way to work (45.5% of working residents), longer and tougher than most commutes in America.
Here most residents (47.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (15.1%) and 12.6% of residents also ride the bus 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.
