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Real Estate Prices & Overview

Lorenz Park median real estate price is $304,300, which is less expensive than 73.2% of New York neighborhoods and 57.7% of all U.S. neighborhoods.

The average rental price in Lorenz Park is currently $1,896, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.6% of New York neighborhoods.

Lorenz Park is a rural neighborhood (based on population density) located in Hudson, New York.

Lorenz Park real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Lorenz Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Lorenz Park has a 14.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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.

People

Lorenz Park has the amazing distinction of housing more same sex couples living together than 97.9% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, if you're planning where to retire, the Lorenz Park neighborhood in Hudson is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NY, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.9% of the neighborhoods in New York. If you are considering retiring to New York, this is a good neighborhood to look at.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Lorenz Park neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 63.3% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.1% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Lorenz Park neighborhood has more Dutch and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Dutch ancestry and 18.7% have Italian ancestry.

The Neighbors

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 Lorenz Park neighborhood in Hudson are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.1% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.6% 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 Lorenz Park neighborhood, 40.6% 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.8%), and 13.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Lorenz Park neighborhood is English, spoken by 89.3% of households. Some people also speak Langs. of India (2.3%).

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 Lorenz Park neighborhood in Hudson, NY, residents most commonly identify their ethnicity or ancestry as Italian (18.7%). There are also a number of people of German ancestry (16.4%), and residents who report Irish roots (10.5%), and some of the residents are also of Asian ancestry (8.1%), along with some Polish ancestry residents (6.8%), among others.

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 Lorenz Park neighborhood spend under 15 minutes commuting one-way to work (63.3% of working residents), one of the shortest commutes across America.

Here most residents (82.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.5%) and 5.5% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Race & Ethnic Diversity
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Income & Unemployment Rate
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Crime includes:
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Schools include:
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