Van Nest East median real estate price is $806,931, which is more expensive than 60.8% of the neighborhoods in New York and 84.6% of the neighborhoods in the U.S.
The average rental price in Van Nest East is currently $4,519, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.8% of the neighborhoods in New York.
Van Nest East is a densely urban neighborhood (based on population density) located in Bronx, New York.
Van Nest East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Van Nest East 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.
Real estate vacancies in Van Nest East are 4.7%, which is lower than one will find in 66.5% of American neighborhoods. Demand for real estate in Van Nest East is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.9% of the Van Nest East neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.
Also, more people in Van Nest East choose to walk to work each day (13.7%) 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.
Finally, more people ride the bus in this neighborhood each day to get to work than 96.3% of U.S. neighborhoods.
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Van Nest East neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Van Nest East neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 30.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.0% of America's neighborhoods.
Did you know that the Van Nest East neighborhood has more South American and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.3% of this neighborhood's residents have South American ancestry and 21.0% have Italian ancestry.
Van Nest East is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Russian 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 Van Nest East neighborhood in Bronx are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.0% of the neighborhoods in America. In addition, 7.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 55.5% of America'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 Van Nest East neighborhood, 38.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 14.9% 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 Van Nest East neighborhood is English, spoken by 48.7% of households. Other important languages spoken here include Spanish, Chinese, Russian and Vietnamese.
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 Van Nest East neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Italian (21.0%). There are also a number of people of South American ancestry (13.3%), and residents who report Asian roots (12.8%), and some of the residents are also of Puerto Rican ancestry (9.1%), along with some Polish ancestry residents (5.7%), among others. In addition, 31.7% 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 Van Nest East neighborhood spend between 45 minutes and one hour commuting one-way to work (30.4% of working residents), longer and tougher than most commutes in America.
Here most residents (47.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.9%) and 13.7% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.