Hudson River Park median real estate price is $2,992,267, which is more expensive than 94.8% of the neighborhoods in New York and 98.5% of the neighborhoods in the U.S.
The average rental price in Hudson River Park is currently $4,483, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.3% of the neighborhoods in New York.
Hudson River Park is a densely urban neighborhood (based on population density) located in New York, New York.
Hudson River Park 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 occupied by a mixture of owners and renters. Many of the residences in the Hudson River Park 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.
Hudson River Park has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.5% 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.
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.
Of note is NeighborhoodScout's research finding that the Hudson River Park 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 Hudson River Park community truly stands out from the rest in this regard.
In addition, the first thing that you'll notice if you moved to this neighborhood is that an astounding 3.7% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.6% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Hudson River Park neighborhood should definitely be on your list of places to consider.
Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Hudson River Park neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.2% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Hudson River Park neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and active retirees.
Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 76.0% of the adults living in the Hudson River Park neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 96.3% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Hudson River Park neighborhood is a fantastic option for bicycle commuters, as 10.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.7% of the neighborhoods in America.
Also, in the Hudson River Park neighborhood, 31.5% of people ride the train 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 train ridership than in 98.4% of the neighborhoods in America.
Finally, more people in Hudson River Park choose to walk to work each day (16.3%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
The Hudson River Park neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,510 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Hudson River Park neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the Hudson River Park 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, 93.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.7% of American neighborhoods.
Furthermore, the Hudson River Park 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 81.8% 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.
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 Hudson River Park neighborhood have a highly unusual car ownership. 51.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.
Executives, managers and professionals make up 71.5% of the workforce in the Hudson River Park neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Hudson River Park neighborhood has more Austrian and Lithuanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Austrian ancestry and 4.3% have Lithuanian ancestry.
Hudson River Park is also pretty special linguistically. Significantly, 5.5% 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 98.7% 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 Hudson River Park 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 94.0% 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.
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 Hudson River Park neighborhood, 71.5% 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 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.8%).
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 Hudson River Park neighborhood is English, spoken by 84.0% of households. Other important languages spoken here include Arabic, Spanish and Italian.
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 Hudson River Park neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as English (14.3%). There are also a number of people of Irish ancestry (13.2%), and residents who report Italian roots (11.4%), and some of the residents are also of German ancestry (10.4%), along with some Polish ancestry residents (7.9%), among others. In addition, 19.8% 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 Hudson River Park neighborhood spend between 15 and 30 minutes commuting one-way to work (35.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (31.5%) 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 (16.3%) and 14.7% of residents also carpool with coworkers, friends, or neighbors 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.
