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Real Estate Prices & Overview

E 177th St / Wyatt St median real estate price is $957,200, which is more expensive than 71.4% of the neighborhoods in New York and 89.4% of the neighborhoods in the U.S.

The average rental price in E 177th St / Wyatt St is currently $2,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.9% of New York neighborhoods.

E 177th St / Wyatt St is an urban neighborhood (based on population density) located in Bronx, New York.

E 177th St / Wyatt St 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 E 177th St / Wyatt St 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.

Real estate vacancies in E 177th St / Wyatt St are 3.8%, which is lower than one will find in 73.8% of American neighborhoods. Demand for real estate in E 177th St / Wyatt St 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 Bronx, the E 177th St / Wyatt St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.0% of residents in the E 177th St / Wyatt St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 36.8% of the E 177th St / Wyatt St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.7% of America's neighborhoods.

Finally, our research revealed that more commuters here take the bus to work (14.4% ride the bus) than 97.3% 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.

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 E 177th St / Wyatt St neighborhood have a highly unusual car ownership. 41.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.2% of U.S. neighborhoods.

Real Estate

One of the really unique and interesting things about the look and setting of the E 177th St / Wyatt St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 82.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.0% of all neighborhoods in America.

In addition, renter-occupied real estate is dominant in the E 177th St / Wyatt St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.4%, which is higher than 96.6% 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, 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 E 177th St / Wyatt St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 69.8% of the residential real estate in the E 177th St / Wyatt St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the E 177th St / Wyatt St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.5% of this neighborhood's residents have Dominican ancestry and 17.1% have Puerto Rican ancestry.

E 177th St / Wyatt St is also pretty special linguistically. Significantly, 75.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.2% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the E 177th St / Wyatt St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 E 177th St / Wyatt St neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.8% of U.S. neighborhoods. With 18.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.7% 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 E 177th St / Wyatt St neighborhood, 33.8% 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 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.9%), and 21.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the E 177th St / Wyatt St neighborhood is Spanish, spoken by 75.6% of households. Some people also speak English (23.1%).

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 E 177th St / Wyatt St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (51.5%). There are also a number of people of Puerto Rican ancestry (17.1%), and residents who report South American roots (8.4%), and some of the residents are also of Mexican ancestry (4.3%), along with some Russian ancestry residents (2.3%), among others. In addition, 33.5% 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 E 177th St / Wyatt St neighborhood spend between 45 minutes and one hour commuting one-way to work (36.6% of working residents), longer and tougher than most commutes in America.

Here most residents (36.8%) take the train to get to work. In addition, quite a number also ride the bus to get to work (14.4%) and 11.8% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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