Claremont South median real estate price is $603,442, which is more expensive than 44.1% of the neighborhoods in New York and 73.9% of the neighborhoods in the U.S.
The average rental price in Claremont South is currently $3,696, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.6% of the neighborhoods in New York.
Claremont South is a densely urban neighborhood (based on population density) located in Bronx, New York.
Claremont South 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 Claremont South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Claremont South, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Claremont South is very tight compared to the demand for property here.
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 Claremont South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Renter-occupied real estate is dominant in the Claremont South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.5%, which is higher than 98.9% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Claremont South neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
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 118,984 people per square mile, it is more densely populated than 99.8% of America's neighborhoods.
Furthermore, one of the really unique and interesting things about the look and setting of the Claremont South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 94.9% 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 99.0% of all neighborhoods in America.
Our research revealed that more commuters here take the bus to work (39.9% ride the bus) than 99.9% 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.
Also, in the Claremont South 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 20.7% of residents here. This is a higher proportion of walking commuters than we found in 98.3% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Finally, in the Claremont South neighborhood, 18.8% 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 97.1% of the neighborhoods in America.
One of the unique characteristics of the Claremont South neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.2% of the neighborhoods in America. Also of note, 93.3% 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.
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 Claremont South neighborhood has a highly unusual pattern of car ownership. 71.6% 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.
Did you know that the Claremont South neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.5% of this neighborhood's residents have Dominican ancestry and 19.0% have Puerto Rican ancestry.
Claremont South is also pretty special linguistically. Significantly, 2.2% 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 95.6% of the neighborhoods in America.
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 Claremont South 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 98.2% of U.S. neighborhoods. With 93.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.8% 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 Claremont South neighborhood, 38.7% of the working population is employed in clerical, assistant, and tech support 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 25.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.4%), and 11.2% in manufacturing and laborer occupations.
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 Claremont South neighborhood is English, spoken by 59.9% of households. Other important languages spoken here include Spanish and African languages.
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 Claremont South neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (19.0%). There are also a number of people of Dominican ancestry (17.5%), and residents who report Sub-Saharan African roots (12.3%), and some of the residents are also of African ancestry (11.0%), along with some Italian ancestry residents (1.5%), among others. In addition, 17.5% 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 Claremont South neighborhood spend between 45 minutes and one hour commuting one-way to work (51.0% of working residents), longer and tougher than most commutes in America.
Here most residents (39.9%) ride the bus to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.7%) and 18.8% of residents also take the train for their daily commute. The bus provides a valuable service in the Claremont South neighborhood of Bronx by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.