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Real Estate Prices & Overview

W 147th St / Adam Clayton Powell Jr Blvd median real estate price is $1,301,817, which is more expensive than 74.2% of the neighborhoods in New York and 89.8% of the neighborhoods in the U.S.

The average rental price in W 147th St / Adam Clayton Powell Jr Blvd is currently $3,191, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.5% of New York neighborhoods.

W 147th St / Adam Clayton Powell Jr Blvd is a densely urban neighborhood (based on population density) located in New York, New York.

W 147th St / Adam Clayton Powell Jr Blvd 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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

W 147th St / Adam Clayton Powell Jr Blvd has a 10.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.3% 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 York, the W 147th St / Adam Clayton Powell Jr Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 76.3% of the W 147th St / Adam Clayton Powell Jr Blvd neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the W 147th St / Adam Clayton Powell Jr Blvd neighborhood have a highly unusual car ownership. 84.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.

Real Estate

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 122,335 people per square mile, it is more densely populated than 99.8% 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 W 147th St / Adam Clayton Powell Jr Blvd 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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.1% 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 99.4% of all neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the W 147th St / Adam Clayton Powell Jr Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 92.2%, which is higher than 97.4% 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.

Also of note, the W 147th St / Adam Clayton Powell Jr Blvd 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 86.7% 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.

Occupations

There are more people living in the W 147th St / Adam Clayton Powell Jr Blvd neighborhood employed as sales and service workers (55.8%) 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.

People

W 147th St / Adam Clayton Powell Jr Blvd has the amazing distinction of housing more same sex couples living together than 97.7% 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, of note, 58.7% 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.

Diversity

Did you know that the W 147th St / Adam Clayton Powell Jr Blvd neighborhood has more Canadian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.8% of this neighborhood's residents have Canadian ancestry and 8.1% have Dominican ancestry.

W 147th St / Adam Clayton Powell Jr Blvd is also pretty special linguistically. Significantly, 4.7% 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 97.3% of the neighborhoods in America.

The Neighbors

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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood in New York are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.0% of the neighborhoods in America. With 58.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.5% 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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood, 44.2% 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 38.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.0%), and 6.8% in government jobs, whether they are in local, state, or federal positions.

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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood is English, spoken by 74.1% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the W 147th St / Adam Clayton Powell Jr Blvd neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (12.7%). There are also a number of people of African ancestry (9.0%), and residents who report Dominican roots (8.1%), and some of the residents are also of German ancestry (6.0%), along with some Jamaican ancestry residents (4.9%), among others. In addition, 32.2% of the residents of this neighborhood were born in another country.

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 W 147th St / Adam Clayton Powell Jr Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (49.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.3%) take the train to get to work. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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