University Ave / Eames Pl median real estate price is $393,511, which is less expensive than 66.7% of New York neighborhoods and 45.5% of all U.S. neighborhoods.
The average rental price in University Ave / Eames Pl is currently $2,888, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.5% of New York neighborhoods.
University Ave / Eames Pl is a densely urban neighborhood (based on population density) located in Bronx, New York.
University Ave / Eames Pl 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 University Ave / Eames Pl 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.
University Ave / Eames Pl has a 10.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 University Ave / Eames Pl neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 149,160 people per square mile, it is more densely populated than 99.9% 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 University Ave / Eames Pl neighborhood is one of the most walkable neighborhoods in America.
In addition, one of the really unique and interesting things about the look and setting of the University Ave / Eames Pl neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.6% 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 99.1% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the University Ave / Eames Pl neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 97.5%, which is higher than 98.6% 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.
Also of note, the University Ave / Eames Pl 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 91.2% 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.
Finally, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The University Ave / Eames Pl neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 75.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.3% of the neighborhoods in the United States.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the University Ave / Eames Pl neighborhood buck this trend. 70.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% 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 52.3% of the University Ave / Eames Pl 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.
Also, more people ride the bus in this neighborhood each day to get to work than 97.2% of U.S. neighborhoods.
Finally, more people in University Ave / Eames Pl choose to walk to work each day (11.4%) 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.
People
Single parenting is hard. But you don't have to tell the University Ave / Eames Pl neighborhood about it; they already know. 22.8% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.2% 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.
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 University Ave / Eames Pl 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 University Ave / Eames Pl neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.2% 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 95.7% of all neighborhoods in America.
Diversity
Did you know that the University Ave / Eames Pl neighborhood has more Dominican and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.5% of this neighborhood's residents have Dominican ancestry and 2.4% have Hungarian ancestry.
University Ave / Eames Pl is also pretty special linguistically. Significantly, 1.6% 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 98.7% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the University Ave / Eames Pl neighborhood has a greater percentage of residents born in another country (48.7%) than are found in 97.3% of all U.S. neighborhoods.
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 University Ave / Eames Pl 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 80.8% of U.S. neighborhoods. With 26.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.8% 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 University Ave / Eames Pl neighborhood, 32.9% 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 manufacturing and laborer occupations (24.2%), and 14.2% in clerical, assistant, and tech support 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 University Ave / Eames Pl neighborhood is Spanish, spoken by 60.2% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region), African languages and Chinese.
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 University Ave / Eames Pl neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (37.5%). There are also a number of people of Sub-Saharan African ancestry (13.5%), and residents who report Mexican roots (13.0%), and some of the residents are also of Asian ancestry (10.9%), along with some Puerto Rican ancestry residents (7.9%), among others. In addition, 48.7% of the residents of this neighborhood were born in another country.
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 University Ave / Eames Pl neighborhood spend between 45 minutes and one hour commuting one-way to work (43.8% of working residents), longer and tougher than most commutes in America.
Here most residents (52.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.0%) and 14.7% 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.
