Hyde Park South median real estate price is $98,522, which is less expensive than 97.7% of New York neighborhoods and 95.3% of all U.S. neighborhoods.
The average rental price in Hyde Park South is currently $1,352, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.6% of New York neighborhoods.
Hyde Park South is a suburban neighborhood (based on population density) located in Niagara Falls, New York.
Hyde Park South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Hyde Park South 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 1940 and 1969.
Hyde Park South has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.9% 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 Niagara Falls, the Hyde Park South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
There are more people living in the Hyde Park South neighborhood employed as sales and service workers (53.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Hyde Park South neighborhood has more single mother households than 98.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Hyde Park South neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 38.5% of the real estate here is made up of such dwellings, which is higher than 96.9% of all U.S. neighborhoods.
Did you know that the Hyde Park South neighborhood has more Polish and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.0% of this neighborhood's residents have Polish ancestry and 9.0% have Puerto Rican ancestry.
Hyde Park South is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.
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 Hyde Park South neighborhood in Niagara Falls are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.7% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.4% 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 Hyde Park South neighborhood, 46.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.5%), and 13.8% in executive, management, and professional occupations.
The most common language spoken in the Hyde Park South neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (4.8%).
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 Hyde Park South neighborhood in Niagara Falls, NY, residents most commonly identify their ethnicity or ancestry as Polish (11.0%). There are also a number of people of Italian ancestry (9.7%), and residents who report Puerto Rican roots (9.0%), and some of the residents are also of Mexican ancestry (6.8%), along with some German ancestry residents (5.8%), among others.
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 Hyde Park South neighborhood spend under 15 minutes commuting one-way to work (53.8% of working residents), one of the shortest commutes across America.
Here most residents (86.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (6.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.