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Real Estate Prices & Overview

Village Center / State University of New York at New Paltz median real estate price is $444,691, which is more expensive than 37.9% of the neighborhoods in New York and 62.7% of the neighborhoods in the U.S.

The average rental price in Village Center / State University of New York at New Paltz is currently $2,471, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.1% of New York neighborhoods.

Village Center / State University of New York at New Paltz is a suburban neighborhood (based on population density) located in New Paltz, New York.

Village Center / State University of New York at New Paltz real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Village Center / State University of New York at New Paltz neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Village Center / State University of New York at New Paltz has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.9% 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

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 New Paltz, the Village Center / State University of New York at New Paltz neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people in Village Center / State University of New York at New Paltz choose to walk to work each day (41.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

NeighborhoodScout's analysis shows that the Village Center / State University of New York at New Paltz neighborhood has a greater concentration of residents currently enrolled in college than 99.5% of the neighborhoods in the U.S. With 63.7% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the Village Center / State University of New York at New Paltz neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.8% of college-friendly places to live in the state of New York.

Occupations

There are more people living in the Village Center / State University of New York at New Paltz neighborhood employed as sales and service workers (59.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

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 Village Center / State University of New York at New Paltz neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Village Center / State University of New York at New Paltz neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 59.1% 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 95.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

83.9% of the real estate in the Village Center / State University of New York at New Paltz neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Diversity

Did you know that the Village Center / State University of New York at New Paltz neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Dominican ancestry.

Village Center / State University of New York at New Paltz is also pretty special linguistically. Significantly, 1.2% 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 95.6% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. In the Village Center / State University of New York at New Paltz neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 96.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Village Center / State University of New York at New Paltz neighborhood in New Paltz are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.2% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.9% 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 Village Center / State University of New York at New Paltz neighborhood, 40.2% 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 31.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.7%), and 9.4% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Village Center / State University of New York at New Paltz neighborhood is English, spoken by 77.0% of households. Some people also speak Spanish (13.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Village Center / State University of New York at New Paltz neighborhood in New Paltz, NY, residents most commonly identify their ethnicity or ancestry as Irish (20.1%). There are also a number of people of Italian ancestry (16.4%), and residents who report German roots (12.8%), and some of the residents are also of Asian ancestry (7.2%), along with some Dominican ancestry residents (5.1%), 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 Village Center / State University of New York at New Paltz neighborhood spend under 15 minutes commuting one-way to work (59.1% of working residents), one of the shortest commutes across America.

Here most residents (41.2%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (36.7%) and 8.0% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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