Pelham North median real estate price is $926,719, which is more expensive than 69.1% of the neighborhoods in New York and 88.2% of the neighborhoods in the U.S.
The average rental price in Pelham North is currently $4,555, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in New York.
Pelham North is a densely urban neighborhood (based on population density) located in Pelham, New York.
Pelham North real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes 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 Pelham North neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Pelham North are 4.6%, which is lower than one will find in 69.1% of American neighborhoods. Demand for real estate in Pelham North 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 Pelham, the Pelham North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really interesting characteristics about the Pelham North neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.0% of college-friendly places to live in the state of New York. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 20.3% of the Pelham North neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.2% 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 Pelham North neighborhood is one of the most walkable neighborhoods in America.
In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Pelham North neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 65.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.8% of the neighborhoods in the United States.
Did you know that the Pelham North neighborhood has more Canadian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.7% of this neighborhood's residents have Canadian ancestry and 4.9% have Dominican ancestry.
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 Pelham North neighborhood in Pelham 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 94.4% of the neighborhoods in America. In addition, 5.1% 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 64.4% 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 Pelham North neighborhood, 55.9% 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 20.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.7%), and 10.0% in clerical, assistant, and tech support occupations.
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 Pelham North neighborhood is English, spoken by 76.5% of households. Other important languages spoken here include Spanish and Chinese.
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 Pelham North neighborhood in Pelham, NY, residents most commonly identify their ethnicity or ancestry as Italian (19.4%). There are also a number of people of Irish ancestry (14.3%), and residents who report English roots (12.9%), and some of the residents are also of Asian ancestry (7.6%), along with some German ancestry residents (5.7%), among others. In addition, 22.0% 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 Pelham North neighborhood spend between 45 minutes and one hour commuting one-way to work (32.8% of working residents), longer and tougher than most commutes in America.
Here most residents (45.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (20.3%) and 7.8% of residents also carpool with coworkers, friends, or neighbors 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.