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Real Estate Prices & Overview

Morgan Ave / Astor Ave median real estate price is $819,538, which is more expensive than 63.7% of the neighborhoods in New York and 85.5% of the neighborhoods in the U.S.

The average rental price in Morgan Ave / Astor Ave is currently $3,550, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.0% of the neighborhoods in New York.

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

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

Morgan Ave / Astor Ave has a 11.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.1% 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.

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 Morgan Ave / Astor Ave neighborhood, 26.4% 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 97.9% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.2% of U.S. neighborhoods.

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 Morgan Ave / Astor Ave 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 Morgan Ave / Astor Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.5% 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 96.8% of all neighborhoods in America.

Real Estate

If you like crowded places, then you will probably enjoy the the Morgan Ave / Astor Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,398 people per square mile living here.

In addition, if you love row houses and attached homes, you will probably really like the Morgan Ave / Astor 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, 25.9% of the residential real estate here is classified as row houses and attached homes.

Diversity

Did you know that the Morgan Ave / Astor Ave neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.8% of this neighborhood's residents have Dominican ancestry and 14.8% have Puerto Rican ancestry.

Morgan Ave / Astor Ave is also pretty special linguistically. Significantly, 14.4% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 99.1% 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 Morgan Ave / Astor Ave neighborhood. What is interesting to note, is that the Morgan Ave / Astor Ave neighborhood has a greater percentage of residents born in another country (43.4%) than are found in 95.5% 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 Morgan Ave / Astor 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 84.2% of the neighborhoods in America. In addition, 2.4% 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 73.6% 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 Morgan Ave / Astor Ave neighborhood, 44.8% 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 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.2%), and 12.2% 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 Morgan Ave / Astor Ave neighborhood is Spanish, spoken by 49.6% of households. Other important languages spoken here include English, Italian, Tagalog (the first language of the Philippine region) and Vietnamese.

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 Morgan Ave / Astor Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (33.8%). There are also a number of people of Puerto Rican ancestry (14.8%), and residents who report Asian roots (11.2%), and some of the residents are also of Italian ancestry (8.2%), along with some South American ancestry residents (4.9%), among others. In addition, 43.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Morgan Ave / Astor Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (45.0% of working residents), longer and tougher than most commutes in America.

Here most residents (36.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.4%) and 14.6% 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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