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Real Estate Prices & Overview

W 109th St / Columbus Ave median real estate price is $1,436,609, which is more expensive than 81.4% of the neighborhoods in New York and 93.1% of the neighborhoods in the U.S.

The average rental price in W 109th St / Columbus Ave is currently $3,537, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.6% of the neighborhoods in New York.

W 109th St / Columbus Ave is a densely urban neighborhood (based on population density) located in New York, New York.

W 109th St / Columbus Ave 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the W 109th St / Columbus Ave 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 1940 and 1969.

Real estate vacancies in W 109th St / Columbus Ave are 4.2%, which is lower than one will find in 72.0% of American neighborhoods. Demand for real estate in W 109th St / Columbus Ave 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

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.

People

Of note is NeighborhoodScout's research finding that the W 109th St / Columbus Ave 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 W 109th St / Columbus Ave community truly stands out from the rest in this regard.

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 128,767 people per square mile, it is more densely populated than 99.9% 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 W 109th St / Columbus Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, one of the really unique and interesting things about the look and setting of the W 109th St / Columbus Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 93.6% 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 98.7% of all neighborhoods in America.

Furthermore, 84.4% of the real estate in the W 109th St / Columbus Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

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 W 109th St / Columbus Ave neighborhood has a highly unusual pattern of car ownership. 67.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 50.2% of the W 109th St / Columbus Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.4% of America's neighborhoods.

Also, in the W 109th St / Columbus Ave 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 19.4% of residents here. This is a higher proportion of walking commuters than we found in 98.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Diversity

Did you know that the W 109th St / Columbus Ave neighborhood has more Dominican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.8% of this neighborhood's residents have Dominican ancestry and 2.4% have Haitian ancestry.

W 109th St / Columbus Ave is also pretty special linguistically. Significantly, 6.9% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

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 W 109th St / Columbus Ave neighborhood in New York are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 51.1% of the neighborhoods in America. 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.

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 W 109th St / Columbus Ave neighborhood, 61.0% 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 18.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 5.9% in government jobs, whether they are in local, state, or federal positions.

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 W 109th St / Columbus Ave neighborhood is English, spoken by 49.1% of households. Other important languages spoken here include Spanish, French, Chinese and Langs. of India.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the W 109th St / Columbus Ave neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Dominican (12.8%). There are also a number of people of Mexican ancestry (12.0%), and residents who report Asian roots (10.8%), and some of the residents are also of Irish ancestry (7.0%), along with some South American ancestry residents (6.2%), among others. In addition, 30.0% 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 W 109th St / Columbus Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (43.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (50.2%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (19.4%) and 5.7% 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.


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