Tremont South median real estate price is $696,668, which is more expensive than 50.9% of the neighborhoods in New York and 79.1% of the neighborhoods in the U.S.
The average rental price in Tremont South is currently $1,531, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.2% of New York neighborhoods.
Tremont South is a densely urban neighborhood (based on population density) located in Bronx, New York.
Tremont South 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 Tremont South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Tremont South, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in Tremont South is very tight compared to the demand for property here.
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.
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 96,451 people per square mile, it is more densely populated than 99.6% 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 Tremont South neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Tremont South neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.3% 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 98.5% of all neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Tremont South neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.2%, which is higher than 98.1% 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.
Our research revealed that more commuters here take the bus to work (26.9% ride the bus) than 99.5% 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 your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.0% of residents in the Tremont South neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 18.2% of the Tremont South neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.2% of America's neighborhoods.
One of the unique characteristics of the Tremont South neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.2% of the neighborhoods in America. Also of note, 75.2% 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.
In addition, single parenting is hard. But you don't have to tell the Tremont South neighborhood about it; they already know. 19.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.7% 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.
American households most often have a car, and regularly they have two or three. But households in the Tremont South neighborhood buck this trend. 55.0% 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.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Tremont South 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 Tremont South neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.7% 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 97.1% of all neighborhoods in America.
Did you know that the Tremont South neighborhood has more Haitian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.7% of this neighborhood's residents have Haitian ancestry and 25.5% have Puerto Rican ancestry.
Tremont South is also pretty special linguistically. Significantly, 7.0% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.5% 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 Tremont South 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 99.2% of U.S. neighborhoods. With 75.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.1% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Tremont South neighborhood, 39.6% 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 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.5%), and 11.4% in clerical, assistant, and tech support 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 Tremont South neighborhood is English, spoken by 51.9% of households. Other important languages spoken here include Spanish and French.
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 Tremont South neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (25.5%). There are also a number of people of Haitian ancestry (14.7%), and residents who report Dominican roots (10.4%), and some of the residents are also of Sub-Saharan African ancestry (7.8%), along with some African ancestry residents (7.2%), among others. In addition, 22.0% 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 Tremont South neighborhood spend between 45 minutes and one hour commuting one-way to work (43.8% of working residents), longer and tougher than most commutes in America.
Here most residents (26.9%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (20.1%) and 18.2% of residents also take the train for their daily commute. The bus provides a valuable service in the Tremont South 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.
