Mott Haven median real estate price is $1,039,511, which is more expensive than 75.8% of the neighborhoods in New York and 91.4% of the neighborhoods in the U.S.
The average rental price in Mott Haven is currently $3,114, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.6% of New York neighborhoods.
Mott Haven is a densely urban neighborhood (based on population density) located in Bronx, New York.
Mott Haven 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 Mott Haven neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Mott Haven, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Mott Haven is very tight compared to the demand for property here.
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 Bronx, the Mott Haven neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
Renter-occupied real estate is dominant in the Mott Haven neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Mott Haven neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, 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 117,366 people per square mile, it is more densely populated than 99.8% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Mott Haven neighborhood is one of the most walkable neighborhoods in America.
Furthermore, the real estate in the Mott Haven neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.3% of American neighborhoods.
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 Mott Haven neighborhood have a highly unusual car ownership. 67.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
People
The Mott Haven neighborhood stands out for having an average per capita income lower than 99.4% of the neighborhoods in the United States. Also of note, 57.7% 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, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Mott Haven neighborhood has more single mother households than 97.3% 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.
Also, the Mott Haven neighborhood is unique for having just 5.7% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.6% of America'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 45.1% of the Mott Haven neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.1% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 98.4% of U.S. neighborhoods.
Finally, in the Mott Haven 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 16.0% of residents here. This is a higher proportion of walking commuters than we found in 97.4% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Mott Haven neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 98.9% of all American neighborhoods.
Diversity
Did you know that the Mott Haven neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.8% of this neighborhood's residents have Puerto Rican ancestry and 19.5% have Dominican ancestry.
Mott Haven is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 98.2% 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 Mott Haven neighborhood in Bronx are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 57.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Mott Haven neighborhood, 46.8% 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 clerical, assistant, and tech support occupations, with 23.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.9%), and 12.3% in executive, management, and professional 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 Mott Haven neighborhood is Spanish, spoken by 48.7% of households. Other important languages spoken here include English and African languages.
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 Mott Haven neighborhood in Bronx, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (29.8%). There are also a number of people of Dominican ancestry (19.5%), and residents who report Sub-Saharan African roots (9.1%), and some of the residents are also of South American ancestry (7.6%), along with some African ancestry residents (5.3%), among others. In addition, 31.6% of the residents of this neighborhood were born in another country.
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 Mott Haven neighborhood spend between 45 minutes and one hour commuting one-way to work (39.8% of working residents), longer and tougher than most commutes in America.
Here most residents (45.1%) take the train to get to work. In addition, quite a number also ride the bus to get to work (19.0%) and 16.0% of residents also hop out the door and walk to work 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.
