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Real Estate Prices & Overview

Marcy West median real estate price is $320,541, which is less expensive than 73.4% of New York neighborhoods and 58.0% of all U.S. neighborhoods.

The average rental price in Marcy West is currently $1,742, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.8% of New York neighborhoods.

Marcy West is a suburban neighborhood (based on population density) located in Marcy, New York.

Marcy West real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Marcy West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Marcy West. The current real estate vacancy rate here is 78.9%. This is higher than the rate of vacancies in 99.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

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 Marcy, the Marcy West neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Marcy West neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Marcy West community truly stands out from the rest in this regard.

In addition, an interesting characteristic about the Marcy West neighborhood is that there are more incarcerated people living here than 99.9% of neighborhoods in the U.S. The United States has the highest rate of incarceration in the world, currently with 1 out of every 100 adults in the country are incarcerated as a punishment for crimes committed. The extremely high incarceration rate of this neighborhood could mean that a prison, juvenile detention facility or other correctional facility occupies a large proportion of the neighborhood, or contains a large portion of the neighborhood's population.

Also, the Marcy West neighborhood is unique for having just 1.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 98.8% of America's neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Marcy West neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 100.0% of all American neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Marcy West neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Marcy West neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 100.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 100.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Modes of Transportation

While most Americans do drive to work alone each day, the Marcy West neighborhood stands out by having 100.0% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 99.9% of all American neighborhoods.

Real Estate

100.0% of the real estate in the Marcy West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. Vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 78.9% of the residential real estate vacant, the Marcy West neighborhood claims the distinction of having a higher vacancy rate than 99.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.

In addition, one way that the Marcy West neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.3% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Diversity

Did you know that the Marcy West neighborhood has more Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have Puerto Rican ancestry.

The Neighbors

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 Marcy West neighborhood in Marcy are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Marcy West neighborhood, 100.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Marcy West neighborhood is English, spoken by 76.6% of households. Other important languages spoken here include Spanish and Italian.

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 Marcy West neighborhood in Marcy, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (7.9%). There are also a number of people of Mexican ancestry (2.2%), and residents who report Irish roots (1.4%).

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 Marcy West neighborhood spend under 15 minutes commuting one-way to work (100.0% of working residents), one of the shortest commutes across America.

Here most residents (100.0%) drive alone in a private automobile to get to work. 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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