Lexington Ave / E 110th St median real estate price is $1,768,468, which is more expensive than 91.9% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Lexington Ave / E 110th St is currently $2,573, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.0% of New York neighborhoods.
Lexington Ave / E 110th St is a densely urban neighborhood (based on population density) located in New York, New York.
Lexington Ave / E 110th St 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 Lexington Ave / E 110th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Lexington Ave / E 110th St has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
American households most often have a car, and regularly they have two or three. But households in the Lexington Ave / E 110th St neighborhood buck this trend. 83.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.
In the Lexington Ave / E 110th St neighborhood, 48.2% 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 99.4% of the neighborhoods in America.
Also, more people in Lexington Ave / E 110th St choose to walk to work each day (20.0%) 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.
Finally, our research revealed that more commuters here take the bus to work (11.4% ride the bus) than 95.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
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 79,196 people per square mile, it is more densely populated than 99.3% of America'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 Lexington Ave / E 110th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 97.5% of the real estate in the Lexington Ave / E 110th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the Lexington Ave / E 110th St 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, 86.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.6% of American neighborhoods.
Also of note, the Lexington Ave / E 110th St 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 84.9% 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.
The Lexington Ave / E 110th St neighborhood stands out for having an average per capita income lower than 97.1% of the neighborhoods in the United States.
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the Lexington Ave / E 110th St neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 4.3% of the workforce so employed, this neighborhood has a greater concentration of such workers than 96.3% of U.S. neighborhoods.
Did you know that the Lexington Ave / E 110th St neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.2% of this neighborhood's residents have Puerto Rican ancestry and 4.7% have Dominican ancestry.
Lexington Ave / E 110th St is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 96.7% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Lexington Ave / E 110th St neighborhood in New York are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.1% of U.S. neighborhoods. In addition, 7.2% 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 57.4% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Lexington Ave / E 110th St neighborhood, 41.1% 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 25.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.6%), and 9.6% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Lexington Ave / E 110th St neighborhood is English, spoken by 58.0% of households. Some people also speak Spanish (32.2%).
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 Lexington Ave / E 110th St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.2%). There are also a number of people of Mexican ancestry (11.2%), and residents who report German roots (5.9%), and some of the residents are also of Sub-Saharan African ancestry (5.8%), along with some African ancestry residents (5.3%), among others. In addition, 14.6% 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 Lexington Ave / E 110th St neighborhood spend between 30 and 45 minutes commuting one-way to work (50.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (48.2%) 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 (20.0%) and 11.4% 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.
