Cherrytown / Liebhardt median real estate price is $447,617, which is less expensive than 64.9% of New York neighborhoods and 44.0% of all U.S. neighborhoods.
The average rental price in Cherrytown / Liebhardt is currently $2,042, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.4% of New York neighborhoods.
Cherrytown / Liebhardt is a remote neighborhood (based on population density) located in Kerhonkson, New York.
Cherrytown / Liebhardt real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Cherrytown / Liebhardt neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Cherrytown / Liebhardt. The current real estate vacancy rate here is 31.9%. This is higher than the rate of vacancies in 95.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (26.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.
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.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Cherrytown / Liebhardt neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.9% of its workforce, this neighborhood has a greater concentration of government workers than 98.1% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Cherrytown / Liebhardt 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 Cherrytown / Liebhardt neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.8% 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 97.2% of all neighborhoods in America.
Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 31.9% of the residential real estate vacant, the Cherrytown / Liebhardt neighborhood claims the distinction of having a higher vacancy rate than 95.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
For many reasons, Cherrytown / Liebhardt is rated by NeighborhoodScout as one of the top 4.9% of ideal neighborhoods for first-time home buyers in the state of New York. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other NY neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.
Did you know that the Cherrytown / Liebhardt neighborhood has more Finnish and Swedish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Finnish ancestry and 5.8% have Swedish ancestry.
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 Cherrytown / Liebhardt neighborhood in Kerhonkson are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.6% of the neighborhoods in America. In addition, 9.0% 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 52.5% 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 Cherrytown / Liebhardt neighborhood, 46.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (16.9%), and 13.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the Cherrytown / Liebhardt neighborhood is English, spoken by 89.9% of households.
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 Cherrytown / Liebhardt neighborhood in Kerhonkson, NY, residents most commonly identify their ethnicity or ancestry as Irish (20.3%). There are also a number of people of German ancestry (11.7%), and residents who report Italian roots (6.6%), and some of the residents are also of English ancestry (6.3%), along with some Swedish ancestry residents (5.8%), among others.
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 Cherrytown / Liebhardt neighborhood spend between 30 and 45 minutes commuting one-way to work (46.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (11.8%) who commute over an hour in each direction.
Here most residents (46.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (20.4%) and 6.8% of residents also take the train 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.