Delancey St / Allen St median real estate price is $1,223,765, which is more expensive than 82.2% of the neighborhoods in New York and 94.2% of the neighborhoods in the U.S.
The average rental price in Delancey St / Allen St is currently $3,869, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in New York.
Delancey St / Allen St is a densely urban neighborhood (based on population density) located in New York, New York.
Delancey St / Allen 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 Delancey St / Allen St 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 1970 and 1999.
Delancey St / Allen St has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.4% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (7.6%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
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 Delancey St / Allen St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Delancey St / Allen St neighborhood has a highly unusual pattern of car ownership. 79.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% 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 92,163 people per square mile, it is more densely populated than 99.5% 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 Delancey St / Allen St 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 Delancey St / Allen St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 94.1% 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 98.8% of all neighborhoods in America.
Furthermore, 90.9% of the real estate in the Delancey St / Allen St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, the Delancey St / Allen 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 86.0% 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.
Finally, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Delancey St / Allen St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 66.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.0% of the neighborhoods in the United States.
Modes of Transportation
In the Delancey St / Allen St neighborhood, 42.8% 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 99.0% of the neighborhoods in America.
Also, more people in Delancey St / Allen St choose to walk to work each day (23.0%) 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
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.5%. This is a higher percent living alone than we found in 95.9% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Diversity
Did you know that the Delancey St / Allen St neighborhood has more Asian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.3% of this neighborhood's residents have Asian ancestry and 3.6% have Dominican ancestry.
Delancey St / Allen St is also pretty special linguistically. Significantly, 33.9% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Delancey St / Allen St neighborhood has a greater percentage of residents born in another country (47.2%) than are found in 96.8% of all U.S. neighborhoods.
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 Delancey St / Allen St 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 53.0% of the neighborhoods in America. In addition, 5.6% 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 62.7% of America'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 Delancey St / Allen St neighborhood, 50.3% 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 21.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 8.8% in manufacturing and laborer 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 Delancey St / Allen St neighborhood is English, spoken by 48.5% of households. Other important languages spoken here include Chinese and Spanish.
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 Delancey St / Allen St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Asian (45.3%). There are also a number of people of German ancestry (6.0%), and residents who report Irish roots (5.4%), and some of the residents are also of Puerto Rican ancestry (4.9%), along with some Italian ancestry residents (4.9%), among others. In addition, 47.2% 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 Delancey St / Allen St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.8%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (23.0%) and 6.6% of residents also drive alone in a private automobile for their daily commute. 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.
