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Real Estate Prices & Overview

Morris Heights Southeast median real estate price is $1,235,769, which is more expensive than 85.9% of the neighborhoods in New York and 95.6% of the neighborhoods in the U.S.

The average rental price in Morris Heights Southeast is currently $2,543, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.7% of New York neighborhoods.

Morris Heights Southeast is a densely urban neighborhood (based on population density) located in Bronx, New York.

Morris Heights Southeast 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 Morris Heights Southeast 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 2000 and the present.

Real estate vacancies in Morris Heights Southeast are 3.4%, which is lower than one will find in 77.4% of American neighborhoods. Demand for real estate in Morris Heights Southeast 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 Morris Heights Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Morris Heights Southeast neighborhood buck this trend. 72.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 51.9% of the Morris Heights Southeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.5% of America's neighborhoods.

Real Estate

What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 80,277 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Morris Heights Southeast neighborhood is one of the most walkable neighborhoods in America.

In addition, the real estate in the Morris Heights Southeast neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 94.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.9% of American neighborhoods.

Furthermore, 98.2% of the real estate in the Morris Heights Southeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Also of note, the Morris Heights Southeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Morris Heights Southeast neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.1% of this neighborhood's residents have Dominican ancestry and 7.0% have Jamaican ancestry.

Morris Heights Southeast is also pretty special linguistically. Significantly, 9.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

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 Morris Heights Southeast neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.1% of U.S. neighborhoods. With 23.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.8% 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 Morris Heights Southeast neighborhood, 37.2% 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 manufacturing and laborer occupations, with 24.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.8%), and 16.9% in executive, management, and professional occupations.

Languages

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 Morris Heights Southeast neighborhood is English, spoken by 49.1% of households. Other important languages spoken here include Spanish, African languages and French.

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 Morris Heights Southeast neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (27.1%). There are also a number of people of Puerto Rican ancestry (10.5%), and residents who report Sub-Saharan African roots (7.3%), and some of the residents are also of Jamaican ancestry (7.0%), along with some Mexican ancestry residents (5.4%), among others. In addition, 42.1% 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 Morris Heights Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (59.1% of working residents), longer and tougher than most commutes in America.

Here most residents (51.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (17.2%) and 7.5% of residents also ride the bus 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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