Downtown Schenectady North median real estate price is $139,078, which is less expensive than 93.9% of New York neighborhoods and 89.8% of all U.S. neighborhoods.
The average rental price in Downtown Schenectady North is currently $2,000, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.7% of New York neighborhoods.
Downtown Schenectady North is an urban neighborhood (based on population density) located in Schenectady, New York.
Downtown Schenectady North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Downtown Schenectady North 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.
Downtown Schenectady North has a 14.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.5% 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 Schenectady, the Downtown Schenectady North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Downtown Schenectady North neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, an extraordinary 56.4% of the residents of the Downtown Schenectady North neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
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 Downtown Schenectady North 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 70.2% of the real estate here is made up of such dwellings, which is higher than 99.7% of all U.S. neighborhoods.
In addition, renter-occupied real estate is dominant in the Downtown Schenectady North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.1%, which is higher than 96.0% 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.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Downtown Schenectady North neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.7% of the neighborhoods in the United States.
In the Downtown Schenectady North 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 40.7% of residents here. This is a higher proportion of walking commuters than we found in 99.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Downtown Schenectady North neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 78.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 99.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Downtown Schenectady North neighborhood has more Slovak and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.9% of this neighborhood's residents have Slovak ancestry and 3.6% have Danish ancestry.
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 Downtown Schenectady North neighborhood in Schenectady are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 86.5% of U.S. neighborhoods. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Downtown Schenectady North neighborhood, 32.4% 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 clerical, assistant, and tech support occupations, with 31.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.5%), and 7.8% in manufacturing and laborer occupations.
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 Downtown Schenectady North neighborhood is English, spoken by 89.0% of households. Other important languages spoken here include Spanish and Italian.
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 Downtown Schenectady North neighborhood in Schenectady, NY, residents most commonly identify their ethnicity or ancestry as Italian (13.4%). There are also a number of people of Irish ancestry (12.5%), and residents who report German roots (8.6%), and some of the residents are also of English ancestry (5.3%), along with some Asian ancestry residents (4.9%), among others.
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 Downtown Schenectady North neighborhood spend under 15 minutes commuting one-way to work (78.9% of working residents), one of the shortest commutes across America.
Here most residents (40.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (40.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.