Median real estate price in the Town Center of Hyde Park is $411,902, which is more expensive than 33.0% of the neighborhoods in New York and 54.5% of the neighborhoods in the U.S.
The average rental price in Hyde Park Town Center is currently $1,489, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.9% of New York neighborhoods.
Hyde Park Town Center is a rural neighborhood (based on population density) located in Hyde Park, New York.
Real estate in the Town Center of Hyde Park, NY is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Town Center 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 5.6% in Hyde Park Town Center. NeighborhoodScout analysis shows that this rate is lower than 59.6% 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 Hyde Park, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Hyde Park Town Center has the amazing distinction of housing more same sex couples living together than 97.0% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
In addition, for many reasons, Hyde Park Town Center is rated by NeighborhoodScout as one of the top 3.7% of ideal neighborhoods for first-time home buyers in the state of New York. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other NY neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.
Did you know that the Hyde Park Town Center neighborhood has more Irish and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.2% of this neighborhood's residents have Irish ancestry and 0.4% have Yugoslav ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Town Center neighborhood in Hyde Park are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.1% of U.S. neighborhoods. In addition, 5.6% 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 61.9% of America'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 Hyde Park Town Center neighborhood, 36.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.7%), and 19.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Hyde Park Town Center neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (6.0%).
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 Town Center neighborhood in Hyde Park, NY, residents most commonly identify their ethnicity or ancestry as Irish (23.2%). There are also a number of people of German ancestry (22.5%), and residents who report Puerto Rican roots (9.0%), and some of the residents are also of Italian ancestry (8.5%), along with some English ancestry residents (7.5%), among others.
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 Hyde Park Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (51.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.