Chelsea median real estate price is $459,335, which is more expensive than 36.7% of the neighborhoods in New York and 59.9% of the neighborhoods in the U.S.
The average rental price in Chelsea is currently $2,706, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.5% of New York neighborhoods.
Chelsea is a suburban neighborhood (based on population density) located in Wappingers Falls, New York.
Chelsea 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 Chelsea 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 Chelsea are 4.2%, which is lower than one will find in 72.3% of American neighborhoods. Demand for real estate in Chelsea 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.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Wappingers Falls, the Chelsea neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Chelsea neighborhood has more Puerto Rican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.0% of this neighborhood's residents have Puerto Rican ancestry and 8.6% have South American ancestry.
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 Chelsea neighborhood in Wappingers Falls are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.6% of the neighborhoods in America. In addition, 8.3% 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 54.9% 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 Chelsea neighborhood, 44.1% 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 25.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.7%), and 11.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the Chelsea neighborhood is English, spoken by 74.0% of households. Some people also speak Spanish (18.0%).
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 Chelsea neighborhood in Wappingers Falls, NY, residents most commonly identify their ethnicity or ancestry as Italian (19.1%). There are also a number of people of Irish ancestry (14.1%), and residents who report Puerto Rican roots (13.0%), and some of the residents are also of South American ancestry (8.6%), along with some English ancestry residents (8.2%), among others. In addition, 15.8% 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 Chelsea neighborhood spend under 15 minutes commuting one-way to work (32.1% of working residents), one of the shortest commutes across America.
Here most residents (84.1%) 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 (9.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.