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Real Estate Prices & Overview

Mount Vernon South median real estate price is $760,801, which is more expensive than 58.4% of the neighborhoods in New York and 83.0% of the neighborhoods in the U.S.

The average rental price in Mount Vernon South is currently $2,263, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.8% of New York neighborhoods.

Mount Vernon South is a densely urban neighborhood (based on population density) located in Mount Vernon, New York.

Mount Vernon South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mount Vernon South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Mount Vernon South, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 86.2% of all neighborhoods in the U.S. This means that the housing supply in Mount Vernon South is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Mount Vernon South neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 49.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.3% of America's neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Mount Vernon South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,480 people per square mile living here. 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 Mount Vernon South neighborhood is one of the most walkable neighborhoods in America.

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 Mount Vernon South neighborhood has a highly unusual pattern of car ownership. 26.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. neighborhoods.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (11.0% ride the bus) than 95.4% 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.

Diversity

Did you know that the Mount Vernon South neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.1% of this neighborhood's residents have Jamaican ancestry and 9.8% have Dominican 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 Mount Vernon South neighborhood in Mount Vernon are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 64.1% of U.S. neighborhoods. In addition, 8.2% 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 55.4% 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 Mount Vernon South neighborhood, 42.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.2%), and 15.6% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Mount Vernon South neighborhood is English, spoken by 72.4% of households. Some people also speak Spanish (19.0%).

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 Mount Vernon South neighborhood in Mount Vernon, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (17.1%). There are also a number of people of Puerto Rican ancestry (11.1%), and residents who report Dominican roots (9.8%), and some of the residents are also of Sub-Saharan African ancestry (8.7%), along with some African ancestry residents (7.9%), among others. In addition, 24.5% of the residents of this neighborhood were born in another country.

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 Mount Vernon South neighborhood spend between 15 and 30 minutes commuting one-way to work (40.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.0%) and 8.8% of residents also take the train 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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