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Real Estate Prices & Overview

Old Farm Rd / Wolcott Rd median real estate price is $648,046, which is more expensive than 53.3% of the neighborhoods in New York and 79.6% of the neighborhoods in the U.S.

The average rental price in Old Farm Rd / Wolcott Rd is currently $3,516, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.1% of the neighborhoods in New York.

Old Farm Rd / Wolcott Rd is an urban neighborhood (based on population density) located in Levittown, New York.

Old Farm Rd / Wolcott Rd real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Old Farm Rd / Wolcott Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Old Farm Rd / Wolcott Rd, the current vacancy rate is 0.5%, which is a lower rate of vacancies than 93.1% of all neighborhoods in the U.S. This means that the housing supply in Old Farm Rd / Wolcott Rd is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Old Farm Rd / Wolcott Rd neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Old Farm Rd / Wolcott Rd community truly stands out from the rest in this regard.

In addition, according to NeighborhoodScout's exclusive analysis, Old Farm Rd / Wolcott Rd is among the best neighborhoods for families in New York. In fact, this neighborhood is more family-friendly than 95.5% of neighborhoods in the entire state of New York. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a "Leave It to Beaver" episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Old Farm Rd / Wolcott Rd neighborhood. In addition to being an excellent choice for families with school-aged children, this neighborhood is also a very good choice for urban sophisticates.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Old Farm Rd / Wolcott Rd neighborhood, is that an incredible 92.7% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

In addition, real estate in the Old Farm Rd / Wolcott Rd neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 95.5% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.

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 Old Farm Rd / Wolcott Rd 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 Old Farm Rd / Wolcott Rd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.4% 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 97.9% of all neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 12.5% of the Old Farm Rd / Wolcott Rd neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.8% of America's neighborhoods.

Diversity

Did you know that the Old Farm Rd / Wolcott Rd neighborhood has more Italian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.2% of this neighborhood's residents have Italian ancestry and 3.9% have Dominican ancestry.

Old Farm Rd / Wolcott Rd is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.

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 Old Farm Rd / Wolcott Rd neighborhood in Levittown are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Old Farm Rd / Wolcott Rd neighborhood, 40.1% 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 22.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.7%), and 17.0% 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 Old Farm Rd / Wolcott Rd neighborhood is English, spoken by 75.7% of households. Other important languages spoken here include Spanish, Langs. of India, Chinese and Tagalog (the first language of the Philippine region).

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 Old Farm Rd / Wolcott Rd neighborhood in Levittown, NY, residents most commonly identify their ethnicity or ancestry as Italian (25.2%). There are also a number of people of Irish ancestry (19.6%), and residents who report German roots (11.1%), and some of the residents are also of Asian ancestry (10.4%), along with some South American ancestry residents (6.1%), among others. In addition, 15.9% of the residents of this neighborhood were born in another country.

Getting to Work

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 Old Farm Rd / Wolcott Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (27.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (13.4%) who commute over an hour in each direction.

Here most residents (63.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (12.5%) and 9.4% of residents also carpool with coworkers, friends, or neighbors 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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