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Real Estate Prices & Overview

Washington Heights Northeast median real estate price is $185,337, which is less expensive than 88.5% of New York neighborhoods and 80.5% of all U.S. neighborhoods.

The average rental price in Washington Heights Northeast is currently $2,921, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.8% of New York neighborhoods.

Washington Heights Northeast is a densely urban neighborhood (based on population density) located in New York, New York.

Washington Heights Northeast 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 mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the Washington Heights Northeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Washington Heights Northeast are 3.2%, which is lower than one will find in 79.2% of American neighborhoods. Demand for real estate in Washington Heights Northeast 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 132,677 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 Washington Heights Northeast 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 Washington Heights Northeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.6% 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 99.5% of all neighborhoods in America.

Furthermore, the Washington Heights Northeast 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 89.3% 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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 52.5% of the Washington Heights Northeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.6% of America's neighborhoods.

Also, in the Washington Heights Northeast 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 11.7% of residents here. This is a higher proportion of walking commuters than we found in 95.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Car Ownership

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 Washington Heights Northeast neighborhood has a highly unusual pattern of car ownership. 66.5% 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.

Diversity

Did you know that the Washington Heights Northeast neighborhood has more Dominican and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.7% of this neighborhood's residents have Dominican ancestry and 1.1% have Yugoslav ancestry.

Washington Heights Northeast is also pretty special linguistically. Significantly, 69.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.3% 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. What is interesting to note, is that the Washington Heights Northeast neighborhood has a greater percentage of residents born in another country (58.7%) than are found in 99.1% of all U.S. neighborhoods.

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 Washington Heights Northeast neighborhood in New York are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 43.7% of the neighborhoods in America. With 25.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.5% 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 Washington Heights Northeast neighborhood, 31.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.0%), and 15.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Washington Heights Northeast neighborhood is Spanish, spoken by 69.1% of households. Some people also speak English (22.1%).

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 Washington Heights Northeast neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Dominican (58.7%). There are also a number of people of Mexican ancestry (7.6%), and residents who report Puerto Rican roots (4.1%), and some of the residents are also of Asian ancestry (3.3%), along with some Irish ancestry residents (3.0%), among others. In addition, 58.7% 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 Washington Heights Northeast neighborhood spend between 45 minutes and one hour commuting one-way to work (42.2% of working residents), longer and tougher than most commutes in America.

Here most residents (52.5%) 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 (11.7%) 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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