Creston Ave / E 182nd St median real estate price is $1,525,511, which is more expensive than 88.0% of the neighborhoods in New York and 96.7% of the neighborhoods in the U.S.
The average rental price in Creston Ave / E 182nd St is currently $3,253, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.1% of New York neighborhoods.
Creston Ave / E 182nd St is a densely urban neighborhood (based on population density) located in Bronx, New York.
Creston Ave / E 182nd 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 Creston Ave / E 182nd St 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 1940 and 1969.
In Creston Ave / E 182nd St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Creston Ave / E 182nd St is very tight compared to the demand for property here.
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.
100.0% of the real estate in the Creston Ave / E 182nd St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Creston Ave / E 182nd St neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, 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 152,406 people per square mile, it is more densely populated than 99.9% 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 Creston Ave / E 182nd St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, the real estate in the Creston Ave / E 182nd 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, 90.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.3% of American neighborhoods.
Also of note, the Creston Ave / E 182nd 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 91.7% 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 Creston Ave / E 182nd St neighborhood have a highly unusual car ownership. 75.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
Our research revealed that more commuters here take the bus to work (28.3% ride the bus) than 99.6% 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.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.4% of the Creston Ave / E 182nd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.0% of America's neighborhoods.
Finally, in the Creston Ave / E 182nd St 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 17.1% of residents here. This is a higher proportion of walking commuters than we found in 97.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Single parenting is hard. But you don't have to tell the Creston Ave / E 182nd St neighborhood about it; they already know. 30.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.5% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
In addition, one of the unique characteristics of the Creston Ave / E 182nd St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.1% of the neighborhoods in America. Also of note, 74.0% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
Did you know that the Creston Ave / E 182nd St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.3% of this neighborhood's residents have Dominican ancestry and 11.7% have Puerto Rican ancestry.
Creston Ave / E 182nd St is also pretty special linguistically. Significantly, 57.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.3% of all U.S. neighborhoods.
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 Creston Ave / E 182nd St 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 96.1% of U.S. neighborhoods. With 74.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.0% of U.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 Creston Ave / E 182nd St neighborhood, 32.8% 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 25.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.6%), and 17.8% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Creston Ave / E 182nd St neighborhood is Spanish, spoken by 57.5% of households. Some people also speak English (39.5%).
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 Creston Ave / E 182nd St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (41.3%). There are also a number of people of Puerto Rican ancestry (11.7%), and residents who report Sub-Saharan African roots (3.1%), and some of the residents are also of Spanish ancestry (2.5%), along with some Mexican ancestry residents (2.4%), among others. In addition, 40.4% 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 Creston Ave / E 182nd St neighborhood spend between 30 and 45 minutes commuting one-way to work (27.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (28.3%) ride the bus to get to work. In addition, quite a number also take the train to get to work (26.4%) and 17.1% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Creston Ave / E 182nd St neighborhood of Bronx by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
