East End / Homestead Park median real estate price is $615,217, which is more expensive than 48.3% of the neighborhoods in New York and 72.6% of the neighborhoods in the U.S.
The average rental price in East End / Homestead Park is currently $4,492, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.9% of the neighborhoods in New York.
East End / Homestead Park is a densely urban neighborhood (based on population density) located in New Rochelle, New York.
East End / Homestead Park 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the East End / Homestead Park neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in East End / Homestead Park are 4.4%, which is lower than one will find in 70.6% of American neighborhoods. Demand for real estate in East End / Homestead Park 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.
In the East End / Homestead Park neighborhood, 17.5% 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 96.9% of the neighborhoods in America.
Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 36.8% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 95.9% of U.S. neighborhoods, where the average American neighborhood has 13.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.
Did you know that the East End / Homestead Park neighborhood has more Jamaican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.8% of this neighborhood's residents have Jamaican ancestry and 6.3% have South American ancestry.
East End / Homestead Park is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.
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 East End / Homestead Park neighborhood in New Rochelle are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.8% of the neighborhoods in America. In addition, 6.1% 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 61.1% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the East End / Homestead Park neighborhood, 61.7% 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 15.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.5%), and 11.2% 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 East End / Homestead Park neighborhood is English, spoken by 62.4% of households. Other important languages spoken here include Spanish, Langs. of India, Italian and Japanese.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the East End / Homestead Park neighborhood in New Rochelle, NY, residents most commonly identify their ethnicity or ancestry as Mexican (14.0%). There are also a number of people of Italian ancestry (12.7%), and residents who report Asian roots (12.5%), and some of the residents are also of Irish ancestry (10.9%), along with some South American ancestry residents (6.3%), among others. In addition, 33.2% 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 East End / Homestead Park neighborhood spend between 30 and 45 minutes commuting one-way to work (28.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (44.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (17.5%) and 13.0% of residents also carpool with coworkers, friends, or neighbors 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.