Van Nest West median real estate price is $693,272, which is more expensive than 51.5% of the neighborhoods in New York and 78.2% of the neighborhoods in the U.S.
The average rental price in Van Nest West is currently $3,057, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.6% of New York neighborhoods.
Van Nest West is a densely urban neighborhood (based on population density) located in Bronx, New York.
Van Nest West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Van Nest West 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.
Home and apartment vacancy rates are 5.9% in Van Nest West. NeighborhoodScout analysis shows that this rate is lower than 59.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Van Nest West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Van Nest West neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,000 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation'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 Van Nest West neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Van Nest West neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 48.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.3% of America's neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Van Nest West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.7%, which is higher than 95.9% 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.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Van Nest West neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 75.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.3% of the neighborhoods in the United States.
Our research revealed that more commuters here take the bus to work (19.5% ride the bus) than 98.7% 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, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 27.5% of the Van Nest West neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.
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 Van Nest West neighborhood have a highly unusual car ownership. 41.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.2% of U.S. neighborhoods.
Van Nest West has the amazing distinction of housing more same sex couples living together than 97.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Did you know that the Van Nest West neighborhood has more Dominican and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.0% of this neighborhood's residents have Dominican ancestry and 8.9% have Arab ancestry.
Van Nest West is also pretty special linguistically. Significantly, 10.7% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Van Nest West neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.2% of U.S. neighborhoods. With 18.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 66.5% 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 Van Nest West neighborhood, 28.6% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 20.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Van Nest West neighborhood is Spanish, spoken by 56.3% of households. Other important languages spoken here include English, Arabic, French and Langs. of India.
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 Van Nest West neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (30.0%). There are also a number of people of Puerto Rican ancestry (18.5%), and residents who report Arab roots (8.9%), and some of the residents are also of Mexican ancestry (7.6%), along with some South American ancestry residents (4.8%), among others. In addition, 41.8% of the residents of this neighborhood were born in another country.
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 Van Nest West 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 (27.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.0%) and 19.5% of residents also ride the bus 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.
