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Real Estate Prices & Overview

Popham Ave / Palisade Pl median real estate price is $1,127,031, which is more expensive than 80.3% of the neighborhoods in New York and 93.0% of the neighborhoods in the U.S.

The average rental price in Popham Ave / Palisade Pl is currently $2,397, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.4% of New York neighborhoods.

Popham Ave / Palisade Pl is a densely urban neighborhood (based on population density) located in Bronx, New York.

Popham Ave / Palisade Pl 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 Popham Ave / Palisade Pl neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

In Popham Ave / Palisade Pl, the current vacancy rate is 1.0%, which is a lower rate of vacancies than 91.3% of all neighborhoods in the U.S. This means that the housing supply in Popham Ave / Palisade Pl is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (31.6% ride the bus) than 99.7% 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, in the Popham Ave / Palisade Pl neighborhood, 36.0% 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 98.6% of the neighborhoods in America.

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 Popham Ave / Palisade Pl neighborhood has a highly unusual pattern of car ownership. 61.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.

Real Estate

The Popham Ave / Palisade Pl neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,671 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation'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 Popham Ave / Palisade Pl neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 85.0% of the real estate in the Popham Ave / Palisade Pl neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Popham Ave / Palisade Pl neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Popham Ave / Palisade Pl neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.0% 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 98.2% of all neighborhoods in America.

People

One of the unique characteristics of the Popham Ave / Palisade Pl neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.3% of the neighborhoods in America.

In addition, neighborhoodScout's analysis shows that the Popham Ave / Palisade Pl neighborhood has a greater concentration of residents currently enrolled in college than 95.9% of the neighborhoods in the U.S. With 12.1% of the population here attending college, this is very much a college-focused neighborhood.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Popham Ave / Palisade Pl neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.7% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Popham Ave / Palisade Pl neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 48.7% of this neighborhood's residents have Dominican ancestry and 8.4% have Puerto Rican ancestry.

Popham Ave / Palisade Pl is also pretty special linguistically. Significantly, 63.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Popham Ave / Palisade Pl neighborhood. More residents of the Popham Ave / Palisade Pl neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.2% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Popham Ave / Palisade Pl neighborhood has a greater percentage of residents born in another country (44.0%) than are found in 95.7% of all U.S. neighborhoods.

The Neighbors

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 Popham Ave / Palisade Pl 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 97.3% of U.S. neighborhoods. With 43.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.8% 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 Popham Ave / Palisade Pl neighborhood, 36.1% 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 executive, management, and professional occupations, with 31.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.5%), and 9.8% in manufacturing and laborer 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 Popham Ave / Palisade Pl neighborhood is Spanish, spoken by 63.1% of households. Other important languages spoken here include English and French.

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 Popham Ave / Palisade Pl neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Dominican (48.7%). There are also a number of people of Sub-Saharan African ancestry (9.3%), and residents who report Puerto Rican roots (8.4%), and some of the residents are also of Italian ancestry (4.8%), along with some South American ancestry residents (2.9%), among others. In addition, 44.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Popham Ave / Palisade Pl neighborhood spend between 45 minutes and one hour commuting one-way to work (51.3% of working residents), longer and tougher than most commutes in America.

Here most residents (36.0%) take the train to get to work. In addition, quite a number also ride the bus to get to work (31.6%) and 16.2% 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.


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