Mount Eden Southwest median real estate price is $1,084,670, which is more expensive than 76.5% of the neighborhoods in New York and 91.8% of the neighborhoods in the U.S.
The average rental price in Mount Eden Southwest is currently $2,607, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.4% of New York neighborhoods.
Mount Eden Southwest is a densely urban neighborhood (based on population density) located in Bronx, New York.
Mount Eden Southwest 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 Mount Eden Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
In Mount Eden Southwest, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Mount Eden Southwest is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Renter-occupied real estate is dominant in the Mount Eden Southwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% 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. With a real estate vacancy rate of only 0.0%, the Mount Eden Southwest neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, 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 152,124 people per square mile, it is more densely populated than 99.9% of America's neighborhoods. 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 Mount Eden Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, one of the really unique and interesting things about the look and setting of the Mount Eden Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 89.7% 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 98.2% of all neighborhoods in America.
Also of note, the Mount Eden Southwest 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 83.6% 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.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Mount Eden Southwest neighborhood has a highly unusual pattern of car ownership. 68.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
In the Mount Eden Southwest neighborhood, 42.1% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.1% of the neighborhoods in America.
Also, in the Mount Eden Southwest 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 24.1% of residents here. This is a higher proportion of walking commuters than we found in 98.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Finally, more people ride the bus in this neighborhood each day to get to work than 97.1% of U.S. neighborhoods.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Mount Eden Southwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.0% 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 97.9% of all neighborhoods in America.
Did you know that the Mount Eden Southwest neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.1% of this neighborhood's residents have Dominican ancestry.
Mount Eden Southwest is also pretty special linguistically. Significantly, 65.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.8% of all U.S. neighborhoods.
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. What is interesting to note, is that the Mount Eden Southwest neighborhood has a greater percentage of residents born in another country (56.5%) than are found in 98.8% of all U.S. neighborhoods.
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 Mount Eden Southwest 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 72.8% of U.S. neighborhoods. With 16.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.3% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Mount Eden Southwest neighborhood, 37.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 26.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.2%), and 16.1% 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 Mount Eden Southwest neighborhood is Spanish, spoken by 65.9% of households. Other important languages spoken here include English and African languages.
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 Mount Eden Southwest neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (45.1%). There are also a number of people of Mexican ancestry (14.5%), and residents who report Puerto Rican roots (3.4%), and some of the residents are also of Sub-Saharan African ancestry (2.8%), along with some Asian ancestry residents (2.3%), among others. In addition, 56.5% of the residents of this neighborhood were born in another country.
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 Mount Eden Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (40.9% of working residents), longer and tougher than most commutes in America.
Here most residents (42.1%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (24.1%) and 13.9% 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.