Morrison Ave / Watson Ave median real estate price is $818,865, which is more expensive than 60.6% of the neighborhoods in New York and 84.6% of the neighborhoods in the U.S.
The average rental price in Morrison Ave / Watson Ave is currently $2,589, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.8% of New York neighborhoods.
Morrison Ave / Watson Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.
Morrison Ave / Watson Ave 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 Morrison Ave / Watson Ave 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 Morrison Ave / Watson Ave, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.4% of all neighborhoods in the U.S. This means that the housing supply in Morrison Ave / Watson Ave is very tight compared to the demand for property here.
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 Bronx, the Morrison Ave / Watson Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 71,845 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 Morrison Ave / Watson Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Morrison Ave / Watson Ave 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, 85.8% 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.
Furthermore, renter-occupied real estate is dominant in the Morrison Ave / Watson Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.8%, which is higher than 97.5% 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.
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 Morrison Ave / Watson Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 69.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.5% of the neighborhoods in the United States.
More people ride the bus in this neighborhood each day to get to work than 99.0% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 41.9% of the Morrison Ave / Watson Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.9% of America's neighborhoods.
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 Morrison Ave / Watson Ave neighborhood have a highly unusual car ownership. 54.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.
Single parenting is hard. But you don't have to tell the Morrison Ave / Watson Ave neighborhood about it; they already know. 22.6% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.2% 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.
There are more people living in the Morrison Ave / Watson Ave neighborhood employed as sales and service workers (58.0%) 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.
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 Morrison Ave / Watson Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.3% 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 95.7% of all neighborhoods in America.
Did you know that the Morrison Ave / Watson Ave neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.2% of this neighborhood's residents have Dominican ancestry and 15.7% have South American ancestry.
Morrison Ave / Watson Ave is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.1% 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 Morrison Ave / Watson Ave 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 94.4% of U.S. neighborhoods. With 40.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.3% 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 Morrison Ave / Watson Ave neighborhood, 42.0% 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 29.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.8%), and 11.6% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Morrison Ave / Watson Ave neighborhood is Spanish, spoken by 70.0% of households. Some people also speak English (28.4%).
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 Morrison Ave / Watson Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (27.2%). There are also a number of people of Puerto Rican ancestry (18.4%), and residents who report South American roots (15.7%), and some of the residents are also of Mexican ancestry (13.0%), along with some Jamaican ancestry residents (5.2%), among others. In addition, 39.0% 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 Morrison Ave / Watson Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (50.3% of working residents), longer and tougher than most commutes in America.
Here most residents (41.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (22.6%) and 21.5% 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.
