E 12th St / Ave A median real estate price is $966,130, which is more expensive than 71.8% of the neighborhoods in New York and 89.6% of the neighborhoods in the U.S.
The average rental price in E 12th St / Ave A is currently $4,515, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 80.7% of the neighborhoods in New York.
E 12th St / Ave A is a densely urban neighborhood (based on population density) located in New York, New York.
E 12th St / Ave A 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 E 12th St / Ave A 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 2000 and the present.
E 12th St / Ave A has a 10.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.5% 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 New York, the E 12th St / Ave A neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the E 12th St / Ave A neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 77.4% of the adults living in the E 12th St / Ave A neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 96.7% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, one of the most interesting things about the E 12th St / Ave A neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.6% of the neighborhoods in America.
Finally, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the E 12th St / Ave A neighborhood to find it. Only 3.8% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for urban sophisticates.
American households most often have a car, and regularly they have two or three. But households in the E 12th St / Ave A neighborhood buck this trend. 78.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
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 113,324 people per square mile, it is more densely populated than 99.8% of America'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 E 12th St / Ave A neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the E 12th St / Ave A 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, 96.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.
Furthermore, renter-occupied real estate is dominant in the E 12th St / Ave A neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.4%, which is higher than 96.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Also of note, the E 12th St / Ave A 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 82.2% 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, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.3% of the residential real estate in the E 12th St / Ave A neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 45.9% of the E 12th St / Ave A neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.4% of America's neighborhoods.
Also, more people in E 12th St / Ave A choose to walk to work each day (16.0%) 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.
Executives, managers and professionals make up 77.5% of the workforce in the E 12th St / Ave A neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the E 12th St / Ave A neighborhood has more Eastern European and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Eastern European ancestry and 1.3% have Lithuanian ancestry.
E 12th St / Ave A is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.1% 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 E 12th St / Ave A neighborhood in New York are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 83.6% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 E 12th St / Ave A neighborhood, 77.5% 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 9.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.4%), and 3.3% in manufacturing and laborer occupations.
Languages
The most common language spoken in the E 12th St / Ave A neighborhood is English, spoken by 78.5% of households. Some people also speak Spanish (9.9%).
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 E 12th St / Ave A neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as English (14.0%). There are also a number of people of German ancestry (11.3%), and residents who report Asian roots (11.0%), and some of the residents are also of Irish ancestry (10.6%), along with some Italian ancestry residents (6.6%), among others. In addition, 19.0% 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 E 12th St / Ave A neighborhood spend between 30 and 45 minutes commuting one-way to work (55.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (45.9%) 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 (16.0%) and 6.7% 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.
