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Real Estate Prices & Overview

Washington Heights Southeast median real estate price is $1,125,615, which is more expensive than 79.1% of the neighborhoods in New York and 92.9% of the neighborhoods in the U.S.

The average rental price in Washington Heights Southeast is currently $3,816, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.1% of the neighborhoods in New York.

Washington Heights Southeast is a densely urban neighborhood (based on population density) located in New York, New York.

Washington Heights Southeast 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 Washington Heights Southeast 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 2000 and the present.

Vacant apartments or homes are a major fact of life in Washington Heights Southeast. The current real estate vacancy rate here is 18.3%. This is higher than the rate of vacancies in 84.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 Washington Heights Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Washington Heights Southeast neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, washington Heights Southeast has the amazing distinction of housing more same sex couples living together than 98.2% 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.

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 Washington Heights Southeast neighborhood have a highly unusual car ownership. 71.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 41.0% of the Washington Heights Southeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.9% of America's neighborhoods.

Also, more people in Washington Heights Southeast choose to walk to work each day (17.4%) 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.

Real Estate

The Washington Heights Southeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 46,284 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation'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 Washington Heights Southeast 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 Washington Heights Southeast neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 88.4% 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 98.0% of all neighborhoods in America.

Furthermore, 87.4% of the real estate in the Washington Heights Southeast 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 Washington Heights Southeast neighborhood has more Dominican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 45.8% of this neighborhood's residents have Dominican ancestry and 5.4% have Haitian ancestry.

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 Washington Heights Southeast neighborhood has a greater percentage of residents born in another country (44.1%) than are found in 95.8% of all U.S. neighborhoods.

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 Washington Heights Southeast neighborhood in New York are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.8% 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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Washington Heights Southeast neighborhood, 53.4% 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.1%), and 12.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Washington Heights Southeast neighborhood is Spanish, spoken by 47.6% of households. Some people also speak English (47.0%).

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 Washington Heights Southeast neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Dominican (45.8%). There are also a number of people of Irish ancestry (6.7%), and residents who report South American roots (5.8%), and some of the residents are also of Haitian ancestry (5.4%), along with some Asian ancestry residents (3.8%), among others. In addition, 44.1% 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 Washington Heights Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (53.6% of working residents), longer and tougher than most commutes in America.

Here most residents (41.0%) 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 (17.4%) and 10.2% 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.


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