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Real Estate Prices & Overview

Clay Ave / E 170th St median real estate price is $608,517, which is more expensive than 46.9% of the neighborhoods in New York and 74.0% of the neighborhoods in the U.S.

The average rental price in Clay Ave / E 170th St is currently $2,373, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.6% of New York neighborhoods.

Clay Ave / E 170th St is a densely urban neighborhood (based on population density) located in Bronx, New York.

Clay Ave / E 170th 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 Clay Ave / E 170th 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 1940 and 1969.

Real estate vacancies in Clay Ave / E 170th St are 3.7%, which is lower than one will find in 75.8% of American neighborhoods. Demand for real estate in Clay Ave / E 170th 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.

Notable & Unique Neighborhood Characteristics

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.

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 91,519 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 Clay Ave / E 170th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 84.4% of the real estate in the Clay Ave / E 170th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

In the Clay Ave / E 170th St neighborhood, 39.4% 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 98.8% of the neighborhoods in America.

Also, our research revealed that more commuters here take the bus to work (16.9% ride the bus) than 97.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Finally, in the Clay Ave / E 170th St neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.1% of residents here. This is a higher proportion of walking commuters than we found in 95.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Clay Ave / E 170th St neighborhood has more single mother households than 98.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

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 Clay Ave / E 170th St neighborhood have a highly unusual car ownership. 38.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.

Diversity

Did you know that the Clay Ave / E 170th St neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.0% of this neighborhood's residents have Sub-Saharan African ancestry and 15.4% have African ancestry.

Clay Ave / E 170th St is also pretty special linguistically. Significantly, 14.7% 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 99.5% 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 Clay Ave / E 170th St neighborhood in Bronx are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.2% of U.S. neighborhoods. With 20.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.7% of U.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 Clay Ave / E 170th St neighborhood, 41.7% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.8%), and 13.2% 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 Clay Ave / E 170th St neighborhood is English, spoken by 41.1% of households. Other important languages spoken here include Spanish, French and African languages.

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 Clay Ave / E 170th St neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (25.0%). There are also a number of people of African ancestry (15.4%), and residents who report Puerto Rican roots (14.6%), and some of the residents are also of Dominican ancestry (11.8%), along with some Mexican ancestry residents (5.5%), among others. In addition, 36.4% 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 Clay Ave / E 170th St neighborhood spend between 45 minutes and one hour commuting one-way to work (39.6% of working residents), longer and tougher than most commutes in America.

Here most residents (39.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (23.1%) and 16.9% of residents also ride the bus 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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