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Real Estate Prices & Overview

Median real estate price in the Village Center of Babylon is $899,796, which is more expensive than 72.6% of the neighborhoods in New York and 90.0% of the neighborhoods in the U.S.

The average rental price in Babylon Village Center is currently $4,396, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 84.4% of the neighborhoods in New York.

Babylon Village Center is a suburban neighborhood (based on population density) located in Babylon, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Real estate in the Village Center of Babylon, NY is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Village Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Babylon Village Center, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 84.2% of all neighborhoods in the U.S. This means that the housing supply in Babylon Village Center is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 Babylon, the Village Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Babylon Village Center neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Babylon Village Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

People

In a nation where 1 out of every 4 children lives in poverty, the Babylon Village Center neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Babylon Village Center neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.1% 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.

Diversity

Did you know that the Babylon Village Center neighborhood has more Italian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.4% of this neighborhood's residents have Italian ancestry and 1.1% have Armenian ancestry.

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 Village Center neighborhood in Babylon are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.2% 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 Babylon Village Center neighborhood, 49.1% 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 30.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.8%), and 9.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Babylon Village Center neighborhood is English, spoken by 93.0% of households. Some people also speak Spanish (2.1%).

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 Village Center neighborhood in Babylon, NY, residents most commonly identify their ethnicity or ancestry as Italian (26.4%). There are also a number of people of Irish ancestry (20.1%), and residents who report German roots (19.6%), and some of the residents are also of English ancestry (6.3%), along with some Spanish ancestry residents (5.3%), among others.

Getting to Work

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 Babylon Village Center neighborhood spend between 15 and 30 minutes commuting one-way to work (33.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (12.1%) who commute over an hour in each direction.

Here most residents (66.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.0%) and 5.5% of residents also carpool with coworkers, friends, or neighbors 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.


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