Median real estate price in the City Center of Rensselaer is $329,000, which is less expensive than 72.4% of New York neighborhoods and 57.1% of all U.S. neighborhoods.
The average rental price in Rensselaer City Center is currently $2,221, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.5% of New York neighborhoods.
Rensselaer City Center is a suburban neighborhood (based on population density) located in Rensselaer, New York.
Real estate in the City Center of Rensselaer, NY 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 City Center 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in Rensselaer City Center. The current real estate vacancy rate here is 19.7%. This is higher than the rate of vacancies in 88.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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.
One of the most interesting things about the Rensselaer City Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 59.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 98.6% of the neighborhoods in America.
In addition, of note, 57.2% 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.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Rensselaer City Center neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 15.4% of its workforce, this neighborhood has a greater concentration of government workers than 97.4% of U.S. neighborhoods.
Did you know that the Rensselaer City Center neighborhood has more Russian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.5% of this neighborhood's residents have Russian ancestry and 2.7% have Hungarian ancestry.
Rensselaer City Center is also pretty special linguistically. Significantly, 15.0% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.2% 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 City Center neighborhood in Rensselaer are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.3% of the neighborhoods in America. With 57.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.4% 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 Rensselaer City Center neighborhood, 42.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.3%), and 15.4% in government jobs, whether they are in local, state, or federal positions.
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 Rensselaer City Center neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Italian, Polish and Spanish.
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 City Center neighborhood in Rensselaer, NY, residents most commonly identify their ethnicity or ancestry as Irish (23.7%). There are also a number of people of Italian ancestry (14.8%), and residents who report English roots (12.9%), and some of the residents are also of German ancestry (8.8%), along with some Russian ancestry residents (7.5%), 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 Rensselaer City Center neighborhood spend under 15 minutes commuting one-way to work (49.8% of working residents), one of the shortest commutes across America.
Here most residents (66.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.3%) and 5.3% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.