E 83rd St / York Ave median real estate price is $2,463,025, which is more expensive than 96.1% of the neighborhoods in New York and 98.8% of the neighborhoods in the U.S.
The average rental price in E 83rd St / York Ave is currently $4,470, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.1% of the neighborhoods in New York.
E 83rd St / York Ave is a densely urban neighborhood (based on population density) located in New York, New York.
E 83rd St / York 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 E 83rd St / York Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
E 83rd St / York Ave has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.9% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (10.7%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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 New York, the E 83rd St / York Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the E 83rd St / York 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 E 83rd St / York Ave community truly stands out from the rest in this regard.
In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the E 83rd St / York Ave neighborhood, where 58.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.7% of the neighborhoods in America.
Also, one of the most interesting things about the E 83rd St / York Ave neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 63.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.2% of the neighborhoods in America.
Finally, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the E 83rd St / York Ave neighborhood: a neighborhood in which more "urban sophisticates" live than 98.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and young, single professionals.
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 182,697 people per square mile, it is more densely populated than 100.0% 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 E 83rd St / York Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the E 83rd St / York Ave 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, 96.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.
Furthermore, the E 83rd St / York Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In the E 83rd St / York Ave neighborhood, 1.9% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.4% of the neighborhoods in America.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 44.1% of the E 83rd St / York Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.2% of America's neighborhoods.
Finally, in the E 83rd St / York 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 15.1% of residents here. This is a higher proportion of walking commuters than we found in 97.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!
American households most often have a car, and regularly they have two or three. But households in the E 83rd St / York Ave neighborhood buck this trend. 64.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.
Executives, managers and professionals make up 82.6% of the workforce in the E 83rd St / York Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the E 83rd St / York Ave neighborhood has more Russian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Russian ancestry and 5.5% have Ukrainian ancestry.
E 83rd St / York Ave is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 96.2% 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 E 83rd St / York Ave neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.5% 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 E 83rd St / York Ave neighborhood, 82.6% 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 9.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.5%), and 4.4% 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 E 83rd St / York Ave neighborhood is English, spoken by 85.0% of households. Other important languages spoken here include Polish, Italian, Chinese and Spanish.
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 E 83rd St / York Ave neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Irish (19.8%). There are also a number of people of German ancestry (12.6%), and residents who report Italian roots (11.8%), and some of the residents are also of Russian ancestry (9.4%), along with some Polish ancestry residents (9.1%), among others. In addition, 15.0% 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 E 83rd St / York Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (49.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (44.1%) 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 (15.1%) and 5.6% of residents also drive alone in a private automobile 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.
