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Real Estate Prices & Overview

Park Hill median real estate price is $399,709, which is less expensive than 68.9% of New York neighborhoods and 49.2% of all U.S. neighborhoods.

The average rental price in Park Hill is currently $3,156, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.7% of New York neighborhoods.

Park Hill is a densely urban neighborhood (based on population density) located in Yonkers, New York.

Park Hill 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 Park Hill neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Park Hill are 4.8%, which is lower than one will find in 66.5% of American neighborhoods. Demand for real estate in Park Hill is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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

Modes of Transportation

Our research revealed that more commuters here take the bus to work (26.3% ride the bus) than 99.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Park Hill neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Park Hill neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.0% of all neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Park Hill neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.0% of all American neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Park Hill neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 28,880 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Park Hill neighborhood is among the top 5% of American neighborhoods in terms of walkability.

People

With a nice mix of college students, safety from crime, and decent walkability, the Park Hill neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.1% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Park Hill neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.8% of this neighborhood's residents have Dominican ancestry and 7.3% have South American ancestry.

Park Hill is also pretty special linguistically. Significantly, 57.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.3% of all U.S. neighborhoods.

The Neighbors

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 Park Hill neighborhood in Yonkers are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.7% of the neighborhoods in America. With 11.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.0% 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 Park Hill neighborhood, 40.2% 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 executive, management, and professional occupations, with 37.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 9.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Park Hill neighborhood is Spanish, spoken by 57.7% of households. Some people also speak English (36.0%).

Ethnicity / Ancestry

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 Park Hill neighborhood in Yonkers, NY, residents most commonly identify their ethnicity or ancestry as Dominican (22.8%). There are also a number of people of Mexican ancestry (18.4%), and residents who report Italian roots (8.1%), and some of the residents are also of South American ancestry (7.3%), along with some Puerto Rican ancestry residents (7.2%), among others. In addition, 41.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Park Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (29.4% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (16.2%) who commute over an hour in each direction.

Here most residents (47.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (26.3%) and 15.5% 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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