E 137th St / Cypress Ave median real estate price is $1,039,511, which is more expensive than 75.8% of the neighborhoods in New York and 91.4% of the neighborhoods in the U.S.
The average rental price in E 137th St / Cypress Ave is currently $3,588, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.0% of the neighborhoods in New York.
E 137th St / Cypress Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.
E 137th St / Cypress Ave 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 E 137th St / Cypress Ave 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 E 137th St / Cypress Ave are 3.9%, which is lower than one will find in 74.2% of American neighborhoods. Demand for real estate in E 137th St / Cypress Ave 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.
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 E 137th St / Cypress Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
In the E 137th St / Cypress Ave neighborhood, 73.4% 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 100.0% of the neighborhoods in America.
Also, more people in E 137th St / Cypress Ave choose to walk to work each day (11.9%) 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.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the E 137th St / Cypress Ave neighborhood have a highly unusual car ownership. 74.2% 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.
Occupations
There are more people living in the E 137th St / Cypress Ave neighborhood employed as sales and service workers (45.4%) 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.
Real Estate
The real estate in the E 137th St / Cypress Ave 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, 98.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.7% of American neighborhoods.
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 97,779 people per square mile, it is more densely populated than 99.6% of America's neighborhoods.
Furthermore, renter-occupied real estate is dominant in the E 137th St / Cypress Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.0%, which is higher than 98.7% 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 E 137th St / Cypress Ave 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 82.8% 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.
People
The E 137th St / Cypress Ave neighborhood stands out for having an average per capita income lower than 99.1% of the neighborhoods in the United States. Also of note, 80.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the E 137th St / Cypress Ave neighborhood has more single mother households than 99.0% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Also, neighborhoodScout's exclusive research revealed that 93.1% of the adult residents in the E 137th St / Cypress Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.3% of the neighborhoods in America.
Diversity
Did you know that the E 137th St / Cypress Ave neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.1% of this neighborhood's residents have Puerto Rican ancestry and 23.4% have Dominican ancestry.
E 137th St / Cypress Ave is also pretty special linguistically. Significantly, 3.3% 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 97.4% of the neighborhoods in America.
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. More residents of the E 137th St / Cypress Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 E 137th St / Cypress Ave 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 99.1% of U.S. neighborhoods. With 80.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.4% 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 E 137th St / Cypress Ave neighborhood, 54.6% 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 clerical, assistant, and tech support occupations, with 21.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.1%), and 6.8% 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 E 137th St / Cypress Ave neighborhood is Spanish, spoken by 60.2% of households. Other important languages spoken here include English and African languages.
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 E 137th St / Cypress Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (30.1%). There are also a number of people of Dominican ancestry (23.4%), and residents who report Mexican roots (11.5%), and some of the residents are also of Sub-Saharan African ancestry (4.8%), along with some African ancestry residents (4.8%), among others. In addition, 28.1% 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 E 137th St / Cypress Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (44.7% of working residents), longer and tougher than most commutes in America.
Here most residents (73.4%) 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 (11.9%) and 8.6% of residents also drive alone in a private automobile 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.
