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Real Estate Prices & Overview

Morris Heights East median real estate price is $1,239,426, which is more expensive than 82.8% of the neighborhoods in New York and 94.4% of the neighborhoods in the U.S.

The average rental price in Morris Heights East is currently $2,522, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.0% of New York neighborhoods.

Morris Heights East is a densely urban neighborhood (based on population density) located in Bronx, New York.

Morris Heights East 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 Morris Heights East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Morris Heights East are 3.1%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in Morris Heights East 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

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 Morris Heights East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 56.6% of the Morris Heights East neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.7% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (21.5% ride the bus) than 98.9% 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.

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 96,019 people per square mile, it is more densely populated than 99.6% 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 Morris Heights East neighborhood is one of the most walkable neighborhoods in America.

In addition, the real estate in the Morris Heights East 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, 97.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.

Furthermore, renter-occupied real estate is dominant in the Morris Heights East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.9%, which is higher than 99.3% 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.

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 Morris Heights East neighborhood has a highly unusual pattern of car ownership. 59.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.

People

One of the unique characteristics of the Morris Heights East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.8% of the neighborhoods in America.

Diversity

Did you know that the Morris Heights East neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.7% of this neighborhood's residents have Dominican ancestry and 26.9% have Puerto Rican ancestry.

Morris Heights East is also pretty special linguistically. Significantly, 62.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% 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. More residents of the Morris Heights East neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% 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.

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 Morris Heights East 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 96.8% of U.S. neighborhoods. With 19.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.1% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Morris Heights East neighborhood, 30.5% 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 24.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.4%), and 21.1% 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 Morris Heights East neighborhood is Spanish, spoken by 62.8% of households. Other important languages spoken here include English and French.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Morris Heights East neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (45.7%). There are also a number of people of Puerto Rican ancestry (26.9%), and residents who report Sub-Saharan African roots (4.4%), and some of the residents are also of African ancestry (4.0%), along with some South American ancestry residents (2.7%), among others. In addition, 40.7% 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 Morris Heights East neighborhood spend between 45 minutes and one hour commuting one-way to work (52.5% of working residents), longer and tougher than most commutes in America.

Here most residents (56.6%) take the train to get to work. In addition, quite a number also ride the bus to get to work (21.5%) and 7.1% of residents also hop out the door and walk to work 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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