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Real Estate Prices & Overview

Columbus Ave / W 97th St median real estate price is $1,461,925, which is more expensive than 88.4% of the neighborhoods in New York and 96.4% of the neighborhoods in the U.S.

The average rental price in Columbus Ave / W 97th St is currently $6,491, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 95.9% of the neighborhoods in New York.

Columbus Ave / W 97th St is a densely urban neighborhood (based on population density) located in New York, New York.

Columbus Ave / W 97th St 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Columbus Ave / W 97th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Columbus Ave / W 97th St has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.9%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.

Notable & Unique Neighborhood Characteristics

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 Columbus Ave / W 97th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Columbus Ave / W 97th St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Columbus Ave / W 97th St community truly stands out from the rest in this regard.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Columbus Ave / W 97th St neighborhood, where 58.5% have earned an advanced degree. Compare that to the average neighborhood in America, where just 14.1% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.7% of the neighborhoods in America.

Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 55.4%. This is a higher percent living alone than we found in 97.6% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Finally, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Columbus Ave / W 97th St neighborhood: a neighborhood in which more "urban sophisticates" live than 96.1% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Real Estate

One of the really unique and interesting things about the look and setting of the Columbus Ave / W 97th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 99.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.8% of all neighborhoods in America.

In addition, 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 104,140 people per square mile, it is more densely populated than 99.7% of America's neighborhoods.

Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Columbus Ave / W 97th St neighborhood, is that an incredible 80.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Also of note, the Columbus Ave / W 97th St 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 92.7% 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.

Occupations

The Columbus Ave / W 97th St neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.7% of the neighborhoods in America. In fact, 85.4% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 47.9% of the Columbus Ave / W 97th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.5% of America's neighborhoods.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.3% of residents in the Columbus Ave / W 97th St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, more people in Columbus Ave / W 97th St choose to walk to work each day (12.5%) 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Columbus Ave / W 97th St neighborhood have a highly unusual car ownership. 65.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.

Diversity

Did you know that the Columbus Ave / W 97th St neighborhood has more Dominican and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.0% of this neighborhood's residents have Dominican ancestry and 0.9% have Austrian ancestry.

Columbus Ave / W 97th St is also pretty special linguistically. Significantly, 2.2% 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 98.8% of the neighborhoods in America.

The Neighbors

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 Columbus Ave / W 97th St neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.2% 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.

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 Columbus Ave / W 97th St neighborhood, 85.4% 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 7.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.4%), and 3.4% in government jobs, whether they are in local, state, or federal positions.

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 Columbus Ave / W 97th St neighborhood is English, spoken by 66.8% of households. Other important languages spoken here include Spanish, Chinese, French and African languages.

Ethnicity / Ancestry

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 Columbus Ave / W 97th St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Asian (10.7%). There are also a number of people of Irish ancestry (10.6%), and residents who report German roots (9.1%), and some of the residents are also of Dominican ancestry (7.0%), along with some Italian ancestry residents (5.9%), among others. In addition, 22.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Columbus Ave / W 97th St neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (47.9%) 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 (12.5%) and 8.3% of residents also bicycle 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.


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