S 4th Ave / E 1st St median real estate price is $692,895, which is more expensive than 50.9% of the neighborhoods in New York and 79.4% of the neighborhoods in the U.S.
The average rental price in S 4th Ave / E 1st St is currently $2,559, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.3% of New York neighborhoods.
S 4th Ave / E 1st St is a densely urban neighborhood (based on population density) located in Mount Vernon, New York.
S 4th Ave / E 1st St 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 S 4th Ave / E 1st St neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in S 4th Ave / E 1st St are 4.0%, which is lower than one will find in 73.3% of American neighborhoods. Demand for real estate in S 4th Ave / E 1st St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Mount Vernon, the S 4th Ave / E 1st St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (45.1% ride the bus) than 100.0% 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 S 4th Ave / E 1st St neighborhood, 21.5% 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 97.4% of the neighborhoods in America.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the S 4th Ave / E 1st St neighborhood buck this trend. 58.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.
Real Estate
The S 4th Ave / E 1st St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 93.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, renter-occupied real estate is dominant in the S 4th Ave / E 1st St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.6%, which is higher than 97.9% 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.
Furthermore, the real estate in the S 4th Ave / E 1st St 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, 85.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.5% of American neighborhoods.
Also of note, if you like crowded places, then you will probably enjoy the the S 4th Ave / E 1st St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.7% of neighborhoods in the U.S., with 28,785 people per square mile living here.
People
One of the unique characteristics of the S 4th Ave / E 1st St neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.7% of the neighborhoods in America. The S 4th Ave / E 1st St neighborhood also has a greater percentage of children living in poverty (54.2%) than found in 95.4% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, neighborhoodScout's analysis shows that the S 4th Ave / E 1st St neighborhood has a greater concentration of residents currently enrolled in college than 95.2% of the neighborhoods in the U.S. With 11.0% of the population here attending college, this is very much a college-focused neighborhood.
Diversity
Did you know that the S 4th Ave / E 1st St neighborhood has more Jamaican and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.4% of this neighborhood's residents have Jamaican ancestry and 17.0% have Sub-Saharan African ancestry.
S 4th Ave / E 1st St 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.
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 S 4th Ave / E 1st St neighborhood in Mount Vernon are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.7% of U.S. neighborhoods. With 54.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.4% 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 S 4th Ave / E 1st St neighborhood, 40.3% of the working population is employed in clerical, assistant, and tech support 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 21.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.7%), and 18.5% in executive, management, and professional 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 S 4th Ave / E 1st St neighborhood is English, spoken by 70.8% of households. Other important languages spoken here include French and Spanish.
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 S 4th Ave / E 1st St neighborhood in Mount Vernon, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (23.4%). There are also a number of people of Sub-Saharan African ancestry (17.0%), and residents who report African roots (6.5%), and some of the residents are also of Puerto Rican ancestry (6.5%), along with some Haitian ancestry residents (3.4%), among others. In addition, 41.8% 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 S 4th Ave / E 1st St neighborhood spend between 15 and 30 minutes commuting one-way to work (43.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (45.1%) ride the bus to get to work. In addition, quite a number also take the train to get to work (21.5%) and 19.9% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the S 4th Ave / E 1st St neighborhood of Mount Vernon 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.
