W 29th St / Lincoln Hwy median real estate price is $1,924,649, which is more expensive than 93.2% of the neighborhoods in New York and 98.1% of the neighborhoods in the U.S.
The average rental price in W 29th St / Lincoln Hwy is currently $6,994, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in New York.
W 29th St / Lincoln Hwy is a densely urban neighborhood (based on population density) located in New York, New York.
W 29th St / Lincoln Hwy 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 W 29th St / Lincoln Hwy neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 8.1% in W 29th St / Lincoln Hwy. NeighborhoodScout analysis shows that this rate is lower than 47.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
People
One of the most interesting things about the W 29th St / Lincoln Hwy neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 71.3% 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 99.8% of the neighborhoods in America.
In addition, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the W 29th St / Lincoln Hwy neighborhood to find it. Only 3.8% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for urban sophisticates.
Also, the rate of college educated adults in the W 29th St / Lincoln Hwy neighborhood is a unique characteristic of the neighborhood. 73.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.3% 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 W 29th St / Lincoln Hwy neighborhood has a highly unusual pattern of car ownership. 76.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
Real Estate
The W 29th St / Lincoln Hwy neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 98.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, the real estate in the W 29th St / Lincoln Hwy 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, 96.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.2% of American neighborhoods.
Furthermore, homes built from 2000 through today make up a higher proportion of the W 29th St / Lincoln Hwy neighborhood's real estate landscape than 99.1% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 91.9% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
Also of note, renter-occupied real estate is dominant in the W 29th St / Lincoln Hwy neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.0%, which is higher than 99.0% 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.
Finally, the W 29th St / Lincoln Hwy neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 53,164 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation's neighborhoods.
Modes of Transportation
More people in W 29th St / Lincoln Hwy choose to walk to work each day (29.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.2% of residents in the W 29th St / Lincoln Hwy neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.8% of the W 29th St / Lincoln Hwy neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.4% of America's neighborhoods.
Diversity
Did you know that the W 29th St / Lincoln Hwy neighborhood has more Ukrainian and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.6% of this neighborhood's residents have Ukrainian ancestry and 4.2% have British ancestry.
W 29th St / Lincoln Hwy is also pretty special linguistically. Significantly, 15.9% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.9% 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 W 29th St / Lincoln Hwy neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.5% of the neighborhoods in America. In addition, 6.6% 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 59.8% of America'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 W 29th St / Lincoln Hwy neighborhood, 67.2% 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 24.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (5.1%), and 3.7% in clerical, assistant, and tech support 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 W 29th St / Lincoln Hwy neighborhood is English, spoken by 69.4% of households. Other important languages spoken here include Chinese, Spanish, French and Langs. of India.
Ethnicity / Ancestry
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 W 29th St / Lincoln Hwy neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Asian (24.2%). There are also a number of people of Italian ancestry (11.1%), and residents who report Irish roots (10.3%), and some of the residents are also of German ancestry (6.1%), along with some Ukrainian ancestry residents (5.6%), among others. In addition, 31.5% 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 W 29th St / Lincoln Hwy neighborhood spend between 15 and 30 minutes commuting one-way to work (48.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (29.0%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (21.8%) and 9.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
