East Hill median real estate price is $501,562, which is more expensive than 39.3% of the neighborhoods in New York and 66.6% of the neighborhoods in the U.S.
The average rental price in East Hill is currently $2,502, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.3% of New York neighborhoods.
East Hill is a densely urban neighborhood (based on population density) located in Ithaca, New York.
East Hill 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 East Hill neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
East Hill has a 10.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.8% 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.
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 Ithaca, the East Hill neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
Of note is NeighborhoodScout's research finding that the East Hill neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the East Hill community truly stands out from the rest in this regard.
In addition, neighborhoodScout's analysis shows that the East Hill neighborhood has a greater concentration of residents currently enrolled in college than 99.7% of the neighborhoods in the U.S. With 80.3% of the population here attending college, this is very much a college-focused neighborhood.
Modes of Transportation
In the East Hill 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 47.5% of residents here. This is a higher proportion of walking commuters than we found in 99.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, in the East Hill neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 34.4% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 98.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Real Estate
Renter-occupied real estate is dominant in the East Hill neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, 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.
In addition, the East Hill neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 55,859 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods.
Furthermore, one of the really unique and interesting things about the look and setting of the East Hill neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 77.7% 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 96.4% of all neighborhoods in America.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the East Hill neighborhood buck this trend. 26.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.7% of 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. In the East Hill neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 99.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the East Hill neighborhood has more Asian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.4% of this neighborhood's residents have Asian ancestry and 1.2% have Romanian ancestry.
East Hill is also pretty special linguistically. Significantly, 23.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.4% 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 East Hill neighborhood in Ithaca are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the East Hill neighborhood, 60.5% 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 21.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.8%).
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 East Hill neighborhood is English, spoken by 58.3% of households. Other important languages spoken here include Chinese, Spanish, Polish and Korean.
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 East Hill neighborhood in Ithaca, NY, residents most commonly identify their ethnicity or ancestry as Asian (40.4%). There are also a number of people of Italian ancestry (7.5%), and residents who report Russian roots (4.2%), and some of the residents are also of Spanish ancestry (3.8%), along with some French ancestry residents (3.8%), among others. In addition, 11.4% 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 East Hill neighborhood spend between 15 and 30 minutes commuting one-way to work (42.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (47.5%) hop out the door and walk to work to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.1%) and 5.9% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
