Belmont West median real estate price is $753,973, which is more expensive than 55.2% of the neighborhoods in New York and 82.0% of the neighborhoods in the U.S.
The average rental price in Belmont West is currently $2,601, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.6% of New York neighborhoods.
Belmont West is a densely urban neighborhood (based on population density) located in Bronx, New York.
Belmont West 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 Belmont West 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 2000 and the present.
Real estate vacancies in Belmont West are 5.5%, which is lower than one will find in 63.1% of American neighborhoods. Demand for real estate in Belmont West 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.
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.
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 Belmont West neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 22.0% 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 99.7% of all neighborhoods in America.
People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Belmont West neighborhood has more single mother households than 99.3% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, the Belmont West neighborhood stands out for having an average per capita income lower than 98.5% of the neighborhoods in the United States. The Belmont West neighborhood also has a greater percentage of children living in poverty (69.9%) than found in 98.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
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 73,500 people per square mile, it is more densely populated than 99.2% 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 Belmont West neighborhood is one of the most walkable neighborhoods in America.
In addition, renter-occupied real estate is dominant in the Belmont West neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.5%, which is higher than 98.4% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Furthermore, one of the really unique and interesting things about the look and setting of the Belmont West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.9% 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 95.2% of all neighborhoods in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Belmont West neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.0% of the neighborhoods in the United States.
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 Belmont West neighborhood has a highly unusual pattern of car ownership. 60.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% 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 46.3% of the Belmont West 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.
Also, more people ride the bus in this neighborhood each day to get to work than 98.7% of U.S. neighborhoods.
Occupations
There are more people living in the Belmont West neighborhood employed as sales and service workers (58.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Diversity
Did you know that the Belmont West neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.0% of this neighborhood's residents have Dominican ancestry and 23.6% have Puerto Rican ancestry.
Belmont West is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.1% 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 Belmont West neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.5% of U.S. neighborhoods. With 69.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.5% of U.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 Belmont West neighborhood, 41.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.3%), and 7.6% in executive, management, and professional occupations.
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 Belmont West neighborhood is Spanish, spoken by 60.9% of households. Other important languages spoken here include English and African languages.
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 Belmont West neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (25.0%). There are also a number of people of Puerto Rican ancestry (23.6%), and residents who report Mexican roots (12.8%), and some of the residents are also of Sub-Saharan African ancestry (5.0%), along with some Haitian ancestry residents (4.2%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.
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 Belmont West neighborhood spend between 45 minutes and one hour commuting one-way to work (38.8% of working residents), longer and tougher than most commutes in America.
Here most residents (46.3%) take the train to get to work. In addition, quite a number also ride the bus to get to work (20.3%) and 17.4% 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.
