Monsey East median real estate price is $1,229,145, which is more expensive than 82.9% of the neighborhoods in New York and 94.5% of the neighborhoods in the U.S.
The average rental price in Monsey East is currently $3,565, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.0% of the neighborhoods in New York.
Monsey East is a densely urban neighborhood (based on population density) located in Monsey, New York.
Monsey East real estate is primarily made up of large (four, five or more 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 Monsey East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.
Monsey East has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 Monsey, the Monsey East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the unique characteristics of the Monsey East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.0% of the neighborhoods in America. The Monsey East neighborhood also has a greater percentage of children living in poverty (74.8%) than found in 99.0% 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.
In addition, the Monsey East neighborhood is unique for having just 2.2% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.7% of America's neighborhoods.
Also, one of the really interesting characteristics about the Monsey East neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.5% of college-friendly places to live in the state of New York.
Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 97.8% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Monsey East neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
American households most often have a car, and regularly they have two or three. But households in the Monsey East neighborhood buck this trend. 40.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.1% of U.S. neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.
Also, more people in Monsey East choose to walk to work each day (16.9%) 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, in the Monsey East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 25.0% of commuters carpool here, which is more than in 96.8% of all U.S. neighborhoods.
The Monsey East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,156 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
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 Monsey 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, 33.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.9% of America's neighborhoods.
Did you know that the Monsey East neighborhood has more Hungarian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.6% of this neighborhood's residents have Hungarian ancestry and 6.1% have Romanian ancestry.
Monsey East is also pretty special linguistically. Significantly, 80.8% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 100.0% 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 Monsey East neighborhood in Monsey are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.0% of U.S. neighborhoods. With 74.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% 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 Monsey East neighborhood, 47.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 38.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.0%), and 4.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Monsey East neighborhood is German/Yiddish, spoken by 80.8% of households. Other important languages spoken here include English and Spanish.
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 Monsey East neighborhood in Monsey, NY, residents most commonly identify their ethnicity or ancestry as Hungarian (21.6%). There are also a number of people of Polish ancestry (8.6%), and residents who report Romanian roots (6.1%), and some of the residents are also of Puerto Rican ancestry (2.4%), along with some Swiss ancestry residents (1.4%), among others.
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 Monsey East neighborhood spend between 15 and 30 minutes commuting one-way to work (28.1% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (32.5%) 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 (25.0%) and 16.9% 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.
