E Old State Rd / E Lydius St median real estate price is $338,026, which is less expensive than 65.9% of New York neighborhoods and 45.6% of all U.S. neighborhoods.
The average rental price in E Old State Rd / E Lydius St is currently $2,035, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of New York neighborhoods.
E Old State Rd / E Lydius St is a suburban neighborhood (based on population density) located in Schenectady, New York.
E Old State Rd / E Lydius St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the E Old State Rd / E Lydius St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in E Old State Rd / E Lydius St are 5.7%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in E Old State Rd / E Lydius 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Of note is NeighborhoodScout's research finding that the E Old State Rd / E Lydius St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the E Old State Rd / E Lydius St community truly stands out from the rest in this regard.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the E Old State Rd / E Lydius St neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.5% of its workforce, this neighborhood has a greater concentration of government workers than 97.8% of U.S. neighborhoods.
Owner-occupied real estate dominates the E Old State Rd / E Lydius St neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.5% of neighborhoods in America.
Did you know that the E Old State Rd / E Lydius St neighborhood has more Greek and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Greek ancestry and 5.7% have Russian ancestry.
E Old State Rd / E Lydius St is also pretty special linguistically. Significantly, 8.6% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 97.4% 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 E Old State Rd / E Lydius St neighborhood in Schenectady are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.3% 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 E Old State Rd / E Lydius St neighborhood, 42.2% 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 30.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (16.5%), and 15.6% in clerical, assistant, and tech support occupations.
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 E Old State Rd / E Lydius St neighborhood is English, spoken by 86.8% of households. Other important languages spoken here include Polish, Spanish and Chinese.
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 E Old State Rd / E Lydius St neighborhood in Schenectady, NY, residents most commonly identify their ethnicity or ancestry as Italian (22.7%). There are also a number of people of German ancestry (20.7%), and residents who report Irish roots (13.7%), and some of the residents are also of Polish ancestry (9.3%), along with some English ancestry residents (6.4%), among others.
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 E Old State Rd / E Lydius St neighborhood spend between 15 and 30 minutes commuting one-way to work (39.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (9.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.