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Real Estate Prices & Overview

Tinton Ave / E 163rd St median real estate price is $817,217, which is more expensive than 63.7% of the neighborhoods in New York and 85.0% of the neighborhoods in the U.S.

The average rental price in Tinton Ave / E 163rd St is currently $3,116, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.5% of New York neighborhoods.

Tinton Ave / E 163rd St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Tinton Ave / E 163rd 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 Tinton Ave / E 163rd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Tinton Ave / E 163rd St are 3.8%, which is lower than one will find in 74.8% of American neighborhoods. Demand for real estate in Tinton Ave / E 163rd 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 97,448 people per square mile, it is more densely populated than 99.6% of America's neighborhoods.

In addition, the real estate in the Tinton Ave / E 163rd St 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, 86.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.7% of American neighborhoods.

Furthermore, 91.8% of the real estate in the Tinton Ave / E 163rd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Tinton Ave / E 163rd St neighborhood buck this trend. 54.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.

Occupations

There are more people living in the Tinton Ave / E 163rd St neighborhood employed as sales and service workers (55.0%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

More people in Tinton Ave / E 163rd St choose to walk to work each day (22.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, more people ride the bus in this neighborhood each day to get to work than 98.1% of U.S. neighborhoods.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.6% of the Tinton Ave / E 163rd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.

People

Single parenting is hard. But you don't have to tell the Tinton Ave / E 163rd St neighborhood about it; they already know. 18.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.0% 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.

Diversity

Did you know that the Tinton Ave / E 163rd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.6% of this neighborhood's residents have Dominican ancestry and 20.5% have Puerto Rican ancestry.

Tinton Ave / E 163rd St is also pretty special linguistically. Significantly, 0.9% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.0% 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 Tinton Ave / E 163rd St 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 94.6% of U.S. neighborhoods. In addition, 8.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 54.9% of America'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 Tinton Ave / E 163rd St neighborhood, 45.0% 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 27.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 10.7% in manufacturing and laborer 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 Tinton Ave / E 163rd St neighborhood is Spanish, spoken by 57.2% of households. Other important languages spoken here include English and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Tinton Ave / E 163rd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (29.6%). There are also a number of people of Puerto Rican ancestry (20.5%), and residents who report Haitian roots (6.3%), and some of the residents are also of Sub-Saharan African ancestry (2.8%), along with some Mexican ancestry residents (2.6%), among others. In addition, 22.1% 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 Tinton Ave / E 163rd St neighborhood spend between 45 minutes and one hour commuting one-way to work (34.0% of working residents), longer and tougher than most commutes in America.

Here most residents (26.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.6%) and 22.1% of residents also hop out the door and walk to work 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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