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Real Estate Prices & Overview

F D R Dr / E Houston St median real estate price is $1,171,210, which is more expensive than 79.7% of the neighborhoods in New York and 93.3% of the neighborhoods in the U.S.

The average rental price in F D R Dr / E Houston St is currently $1,200, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 96.0% 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 between 1970 and 1999.

In F D R Dr / E Houston St, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.3% of all neighborhoods in the U.S. This means that the housing supply in F D R Dr / E Houston St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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, 98.1% 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. 87.1% 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 (27.6%) 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 98.9% of U.S. neighborhoods.

Finally, in the F D R Dr / E Houston St neighborhood, 22.4% 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 97.7% of the neighborhoods in America.

People

One of the unique characteristics of the F D R Dr / E Houston St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.7% of the neighborhoods in America.

In addition, neighborhoodScout's exclusive research revealed that 94.1% 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 96.6% 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, 33.5% of this neighborhood's residents have Puerto Rican ancestry and 18.4% have Dominican ancestry.

F D R Dr / E Houston St is also pretty special linguistically. Significantly, 14.6% 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 98.7% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. 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 98.7% 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

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 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 98.7% of U.S. neighborhoods. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the F D R Dr / E Houston St neighborhood, 43.7% 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 21.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.9%), and 14.0% 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 48.0% of households. Other important languages spoken here include English and Chinese.

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 F D R Dr / E Houston St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (33.5%). There are also a number of people of Dominican ancestry (18.4%), and residents who report Asian roots (18.1%), and some of the residents are also of Irish ancestry (2.0%), along with some Jamaican ancestry residents (1.9%), among others. In addition, 28.2% 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 45 minutes and one hour commuting one-way to work (33.9% of working residents), longer and tougher than most commutes in America.

Here most residents (27.6%) 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 (22.4%) and 21.0% 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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