Two Bridges median real estate price is $1,233,860, which is more expensive than 83.0% of the neighborhoods in New York and 94.5% of the neighborhoods in the U.S.
The average rental price in Two Bridges is currently $998, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of New York neighborhoods.
Two Bridges 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).
Two Bridges 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Two Bridges neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Two Bridges has a 9.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.1% 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 Two Bridges neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 91,179 people per square mile, it is more densely populated than 99.5% of America's neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Two Bridges 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, Two Bridges 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 Two Bridges 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, 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 Two Bridges neighborhood, is that an incredible 88.5% 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, 100.0% of the real estate in the Two Bridges neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
One of the unique characteristics of the Two Bridges neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America. Also of note, 87.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
American households most often have a car, and regularly they have two or three. But households in the Two Bridges neighborhood buck this trend. 71.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
In the Two Bridges neighborhood, 39.9% 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 99.0% of the neighborhoods in America.
Also, in the Two Bridges 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 22.6% of residents here. This is a higher proportion of walking commuters than we found in 98.6% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Finally, more people ride the bus in this neighborhood each day to get to work than 95.0% of U.S. neighborhoods.
Did you know that the Two Bridges neighborhood has more Puerto Rican and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.5% of this neighborhood's residents have Puerto Rican ancestry and 35.3% have Asian ancestry.
Two Bridges is also pretty special linguistically. Significantly, 30.7% 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 99.6% of the neighborhoods in America.
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 Two Bridges 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 99.4% of U.S. neighborhoods. With 87.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.7% of U.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 Two Bridges neighborhood, 28.6% 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 25.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.0%), and 22.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Two Bridges neighborhood is English, spoken by 43.0% of households. Other important languages spoken here include Chinese and Spanish.
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 Two Bridges neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Asian (35.3%). There are also a number of people of Puerto Rican ancestry (18.5%), and residents who report Mexican roots (4.5%), and some of the residents are also of Sub-Saharan African ancestry (3.8%), along with some African ancestry residents (3.8%), among others. In addition, 35.9% 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 Two Bridges neighborhood spend between 15 and 30 minutes commuting one-way to work (38.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (39.9%) 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 (22.6%) and 11.9% of residents also drive alone in a private automobile 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.
