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Real Estate Prices & Overview

Hamilton Hill and Vale West median real estate price is $126,786, which is less expensive than 95.3% of New York neighborhoods and 91.8% of all U.S. neighborhoods.

The average rental price in Hamilton Hill and Vale West is currently $1,261, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 94.2% of New York neighborhoods.

Hamilton Hill and Vale West is a densely urban neighborhood (based on population density) located in Schenectady, New York.

Hamilton Hill and Vale West 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 Hamilton Hill and Vale West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.0% in Hamilton Hill and Vale West. NeighborhoodScout analysis shows that this rate is lower than 41.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Hamilton Hill and Vale West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Hamilton Hill and Vale West neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. The Hamilton Hill and Vale West neighborhood also has a greater percentage of children living in poverty (83.4%) than found in 99.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, single parenting is hard. But you don't have to tell the Hamilton Hill and Vale West neighborhood about it; they already know. 18.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.7% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.7% of U.S. neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Hamilton Hill and Vale West neighborhood have a highly unusual car ownership. 34.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.

Real Estate

87.9% of the real estate in the Hamilton Hill and Vale West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Hamilton Hill and Vale West neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.4% of this neighborhood's residents have Puerto Rican ancestry and 4.2% have Dominican ancestry.

The Neighbors

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 Hamilton Hill and Vale West 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 99.9% of U.S. neighborhoods. With 83.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.5% 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 Hamilton Hill and Vale West neighborhood, 36.8% 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 executive, management, and professional occupations, with 27.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.5%), and 15.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Hamilton Hill and Vale West neighborhood is English, spoken by 78.7% of households. Some people also speak Spanish (18.9%).

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 Hamilton Hill and Vale West neighborhood in Schenectady, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (24.4%). There are also a number of people of French ancestry (6.8%), and residents who report Irish roots (5.0%), and some of the residents are also of Mexican ancestry (4.5%), along with some English ancestry residents (4.4%), among others. In addition, 11.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 Hamilton Hill and Vale West neighborhood spend under 15 minutes commuting one-way to work (48.0% of working residents), one of the shortest commutes across America.

Here most residents (39.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (29.5%) and 18.3% of residents also carpool with coworkers, friends, or neighbors 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.


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