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Real Estate Prices & Overview

F D R Dr / E Houston St median real estate price is $1,193,769, which is more expensive than 81.9% of the neighborhoods in New York and 94.1% of the neighborhoods in the U.S.

The average rental price in F D R Dr / E Houston St is currently $1,340, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of New York neighborhoods.

F D R Dr / E Houston St is a densely urban neighborhood (based on population density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

F D R Dr / E Houston 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the F D R Dr / E Houston St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in F D R Dr / E Houston St are 3.5%, which is lower than one will find in 74.8% of American neighborhoods. Demand for real estate in F D R Dr / E Houston St 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

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 95,330 people per square mile, it is more densely populated than 99.6% of America's neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking. The F D R Dr / E Houston St neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, F D R Dr / E Houston St is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, the real estate in the F D R Dr / E Houston St 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, 97.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the F D R Dr / E Houston St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the F D R Dr / E Houston St neighborhood has a highly unusual pattern of car ownership. 86.6% 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.

Modes of Transportation

More people in F D R Dr / E Houston St choose to walk to work each day (30.0%) 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.

Also, more people ride the bus in this neighborhood each day to get to work than 98.8% of U.S. neighborhoods.

Finally, in the F D R Dr / E Houston St neighborhood, 20.8% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.6% of the neighborhoods in America.

People

The F D R Dr / E Houston St neighborhood stands out for having an average per capita income lower than 97.4% of the neighborhoods in the United States.

In addition, neighborhoodScout's exclusive research revealed that 94.2% of the adult residents in the F D R Dr / E Houston St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.

Diversity

Did you know that the F D R Dr / E Houston St neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.5% of this neighborhood's residents have Puerto Rican ancestry and 21.3% have Dominican ancestry.

F D R Dr / E Houston St is also pretty special linguistically. Significantly, 14.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the F D R Dr / E Houston St neighborhood. More residents of the F D R Dr / E Houston St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

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 F D R Dr / E Houston St 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 97.4% of U.S. neighborhoods. With 41.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.5% 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 F D R Dr / E Houston St neighborhood, 31.8% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (23.9%), and 17.0% 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 F D R Dr / E Houston St neighborhood is Spanish, spoken by 47.5% of households. Other important languages spoken here include English and Chinese.

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 F D R Dr / E Houston St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (31.5%). There are also a number of people of Dominican ancestry (21.3%), and residents who report Asian roots (16.4%), and some of the residents are also of Irish ancestry (2.8%), along with some English ancestry residents (2.1%), among others. In addition, 29.9% 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 F D R Dr / E Houston St neighborhood spend between 15 and 30 minutes commuting one-way to work (38.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (30.0%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (20.8%) and 19.4% of residents also ride the bus for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.

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