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Real Estate Prices & Overview

E 231st St / Barnes Ave median real estate price is $728,407, which is more expensive than 55.6% of the neighborhoods in New York and 81.7% of the neighborhoods in the U.S.

The average rental price in E 231st St / Barnes Ave is currently $3,069, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.8% of New York neighborhoods.

E 231st St / Barnes Ave is a densely urban neighborhood (based on population density) located in Bronx, New York.

E 231st St / Barnes Ave 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 occupied by a mixture of owners and renters. Many of the residences in the E 231st St / Barnes Ave 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.

Real estate vacancies in E 231st St / Barnes Ave are 6.0%, which is lower than one will find in 60.1% of American neighborhoods. Demand for real estate in E 231st St / Barnes Ave 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the E 231st St / Barnes Ave 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 231st St / Barnes Ave community truly stands out from the rest in this regard.

In addition, neighborhoodScout's analysis shows that the E 231st St / Barnes Ave neighborhood has a greater concentration of residents currently enrolled in college than 95.3% of the neighborhoods in the U.S. With 11.2% of the population here attending college, this is very much a college-focused neighborhood.

Also, with a nice mix of college students, safety from crime, and decent walkability, the E 231st St / Barnes Ave neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 86.7% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

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 E 231st St / Barnes Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 231st St / Barnes Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.0% of all neighborhoods in America.

Real Estate

The E 231st St / Barnes Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,606 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 E 231st St / Barnes Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the E 231st St / Barnes Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 41.2% of the real estate here is made up of such dwellings, which is higher than 97.3% of all 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 29.9% of the E 231st St / Barnes Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 95.4% of U.S. neighborhoods.

Diversity

Did you know that the E 231st St / Barnes Ave neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.3% of this neighborhood's residents have Dominican ancestry and 11.4% have Jamaican ancestry.

E 231st St / Barnes Ave is also pretty special linguistically. Significantly, 9.0% 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 97.5% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the E 231st St / Barnes Ave neighborhood. What is interesting to note, is that the E 231st St / Barnes Ave neighborhood has a greater percentage of residents born in another country (53.4%) than are found in 98.3% 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 E 231st St / Barnes Ave neighborhood in Bronx are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.2% 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 231st St / Barnes Ave neighborhood, 32.9% 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 28.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 18.5% in clerical, assistant, and tech support 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 E 231st St / Barnes Ave neighborhood is English, spoken by 52.4% of households. Other important languages spoken here include Spanish, Chinese, African languages and French.

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 E 231st St / Barnes Ave neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.3%). There are also a number of people of Dominican ancestry (17.3%), and residents who report Jamaican roots (11.4%), and some of the residents are also of Asian ancestry (9.0%), along with some African ancestry residents (8.4%), among others. In addition, 53.4% 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 E 231st St / Barnes Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (35.7% of working residents), longer and tougher than most commutes in America.

Here most residents (48.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (29.9%) and 11.1% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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