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Real Estate Prices & Overview

Hamilton Hill and Vale West median real estate price is $107,920, which is less expensive than 96.5% of New York neighborhoods and 93.9% of all U.S. neighborhoods.

The average rental price in Hamilton Hill and Vale West is currently $1,030, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 98.7% of New York neighborhoods.

Hamilton Hill and Vale West is a densely urban neighborhood (based on population density) located in Schenectady, New York.

Hamilton Hill and Vale West 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 Hamilton Hill and Vale West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Hamilton Hill and Vale West has a 14.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

The Hamilton Hill and Vale West neighborhood stands out for having an average per capita income lower than 99.9% of the neighborhoods in the United States. Also of note, 72.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, neighborhoodScout's exclusive research revealed that 95.9% of the adult residents in the Hamilton Hill and Vale West neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.8% of the neighborhoods in America.

Also, one of the most interesting things about the Hamilton Hill and Vale West neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.3% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.8% of the neighborhoods in America.

Occupations

There are more people living in the Hamilton Hill and Vale West neighborhood employed as sales and service workers (50.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (20.8% ride the bus) than 98.7% 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.

Also, in the Hamilton Hill and Vale West 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 11.7% of residents here. This is a higher proportion of walking commuters than we found in 95.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Finally, in the Hamilton Hill and Vale West neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.9% of commuters carpool here, which is more than in 95.8% of all U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Hamilton Hill and Vale West neighborhood has a highly unusual pattern of car ownership. 23.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.0% of U.S. neighborhoods.

Real Estate

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 Hamilton Hill and Vale West 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 31.0% of the real estate here is made up of such dwellings, which is higher than 95.0% of all U.S. neighborhoods.

Diversity

Did you know that the Hamilton Hill and Vale West neighborhood has more Puerto Rican and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.0% of this neighborhood's residents have Puerto Rican ancestry and 8.4% have French ancestry.

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 Hamilton Hill and Vale West neighborhood in Schenectady are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 72.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.7% of U.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 Hamilton Hill and Vale West neighborhood, 49.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 18.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.2%), and 14.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Hamilton Hill and Vale West neighborhood is English, spoken by 86.6% of households. Some people also speak Spanish (10.5%).

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 Hamilton Hill and Vale West neighborhood in Schenectady, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (20.0%). There are also a number of people of Irish ancestry (8.8%), and residents who report French roots (8.4%), and some of the residents are also of Italian ancestry (6.5%), along with some German ancestry residents (4.9%), among others.

Getting to Work

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 Hamilton Hill and Vale West neighborhood spend between 15 and 30 minutes commuting one-way to work (38.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (40.8%) 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 (22.9%) and 20.8% 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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