E 4th St / Loisada Ave median real estate price is $874,909, which is more expensive than 63.9% of the neighborhoods in New York and 85.3% of the neighborhoods in the U.S.
The average rental price in E 4th St / Loisada Ave is currently $2,431, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of New York neighborhoods.
E 4th St / Loisada Ave is a densely urban neighborhood (based on population density) located in New York, New York.
E 4th St / Loisada Ave 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 4th St / Loisada Ave 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 1970 and 1999.
Real estate vacancies in E 4th St / Loisada Ave are 2.9%, which is lower than one will find in 78.6% of American neighborhoods. Demand for real estate in E 4th St / Loisada Ave 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.
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 4th St / Loisada Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
American households most often have a car, and regularly they have two or three. But households in the E 4th St / Loisada Ave neighborhood buck this trend. 88.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% 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 88,143 people per square mile, it is more densely populated than 99.5% of America'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 E 4th St / Loisada Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the E 4th St / Loisada Ave 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, 92.9% of the real estate in the E 4th St / Loisada Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, the E 4th St / Loisada Ave 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 87.9% 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.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.7% of residents in the E 4th St / Loisada Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, in the E 4th St / Loisada Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 23.7% of residents here. This is a higher proportion of walking commuters than we found in 98.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 29.9% of the E 4th St / Loisada Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.4% of America's neighborhoods.
One of the unique characteristics of the E 4th St / Loisada Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.5% of the neighborhoods in America. The E 4th St / Loisada Ave neighborhood also has a greater percentage of children living in poverty (58.0%) than found in 96.6% 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, one of the most interesting things about the E 4th St / Loisada Ave neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.6% 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 95.6% of the neighborhoods in America.
Did you know that the E 4th St / Loisada Ave neighborhood has more Puerto Rican and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.4% of this neighborhood's residents have Puerto Rican ancestry and 9.0% have Scottish 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 E 4th St / Loisada Ave neighborhood in New York are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.5% of U.S. neighborhoods. With 58.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.6% 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 E 4th St / Loisada Ave neighborhood, 46.6% 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 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 (16.9%), and 13.3% 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 E 4th St / Loisada Ave neighborhood is English, spoken by 47.8% of households. Other important languages spoken here include Spanish, Chinese and French.
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 E 4th St / Loisada Ave neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (31.4%). There are also a number of people of Scottish ancestry (9.0%), and residents who report Dominican roots (8.3%), and some of the residents are also of Asian ancestry (5.0%), along with some South American ancestry residents (4.6%), among others. In addition, 22.9% of the residents of this neighborhood were born in another country.
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 E 4th St / Loisada Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (39.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (29.9%) 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 (23.7%) and 8.4% 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.
