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Real Estate Prices & Overview

Arnow Ave / Morgan Ave median real estate price is $765,171, which is more expensive than 59.0% of the neighborhoods in New York and 82.0% of the neighborhoods in the U.S.

The average rental price in Arnow Ave / Morgan Ave is currently $3,462, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.7% of the neighborhoods in New York.

Arnow Ave / Morgan Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.

Arnow Ave / Morgan Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Arnow Ave / Morgan Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Arnow Ave / Morgan Ave are 3.0%, which is lower than one will find in 79.9% of American neighborhoods. Demand for real estate in Arnow Ave / Morgan 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the Arnow Ave / Morgan Ave neighborhood, 28.6% 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 98.0% of the neighborhoods in America.

Also, our research revealed that more commuters here take the bus to work (12.1% ride the bus) than 96.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Real Estate

If you love row houses and attached homes, you will probably really like the Arnow Ave / Morgan Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 38.6% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Arnow Ave / Morgan Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,425 people per square mile living here. 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 Arnow Ave / Morgan Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the Arnow Ave / Morgan Ave neighborhood has more West Indian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.2% of this neighborhood's residents have West Indian ancestry and 12.5% have Jamaican ancestry.

Arnow Ave / Morgan Ave is also pretty special linguistically. Significantly, 4.9% 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 98.6% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Arnow Ave / Morgan Ave neighborhood. What is interesting to note, is that the Arnow Ave / Morgan Ave neighborhood has a greater percentage of residents born in another country (45.3%) than are found in 96.2% 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 Arnow Ave / Morgan Ave neighborhood in Bronx are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.5% of the neighborhoods in America. In addition, 7.1% 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 58.3% of America'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 Arnow Ave / Morgan Ave neighborhood, 40.8% 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 29.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.8%), and 8.4% 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 Arnow Ave / Morgan Ave neighborhood is English, spoken by 61.6% of households. Other important languages spoken here include Spanish, African languages and Italian.

Ethnicity / Ancestry

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 Arnow Ave / Morgan Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (14.9%). There are also a number of people of Jamaican ancestry (12.5%), and residents who report Puerto Rican roots (11.7%), and some of the residents are also of Dominican ancestry (10.1%), along with some South American ancestry residents (4.3%), among others. In addition, 45.3% 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 Arnow Ave / Morgan Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (41.7% of working residents), longer and tougher than most commutes in America.

Here most residents (48.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.6%) and 12.1% of residents also ride the bus 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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