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Real Estate Prices & Overview

Park Hill North median real estate price is $785,754, which is more expensive than 60.1% of the neighborhoods in New York and 83.7% of the neighborhoods in the U.S.

The average rental price in Park Hill North is currently $2,991, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 52.1% of New York neighborhoods.

Park Hill North is a densely urban neighborhood (based on population density) located in Yonkers, New York.

Park Hill North 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 renter occupied. Many of the residences in the Park Hill North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.9% in Park Hill North. Ä¢¹½ÊÓÆµ analysis shows that this rate is lower than 53.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Yonkers, the Park Hill North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.0% of U.S. neighborhoods.

Also, more people in Park Hill North choose to walk to work each day (11.5%) 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.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Park Hill North neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 54.5% of the real estate here is made up of such dwellings, which is higher than 98.8% of all U.S. neighborhoods.

In addition, the Park Hill North neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,689 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation'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 Ä¢¹½ÊÓÆµ's exclusive and first quantitative walkable score index, the Park Hill North neighborhood is one of the most walkable neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Park Hill North neighborhood buck this trend. 35.0% of the households in this neighborhood don't own a car at all. This is more carless households than Ä¢¹½ÊÓÆµ found in 97.7% of U.S. neighborhoods.

People

Single parenting is hard. But you don't have to tell the Park Hill North neighborhood about it; they already know. 21.2% of this neighborhood's households are run by single mothers, which is a higher concentration than Ä¢¹½ÊÓÆµ found in 97.6% of American neighborhoods. Further Ä¢¹½ÊÓÆµ research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Park Hill North neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.1% of this neighborhood's residents have Dominican ancestry and 9.9% have Puerto Rican ancestry.

Park Hill North is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? Ä¢¹½ÊÓÆµ's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Park Hill North neighborhood has a greater percentage of residents born in another country (43.7%) than are found in 95.5% of all U.S. neighborhoods.

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. Ä¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Park Hill North neighborhood in Yonkers are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓÆµ's research shows that this neighborhood has an income lower than 82.9% of U.S. neighborhoods. With 44.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.6% of U.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 Park Hill North neighborhood, 31.1% 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 manufacturing and laborer occupations, with 30.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.1%), and 13.2% 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 Park Hill North neighborhood is Spanish, spoken by 67.2% of households. Other important languages spoken here include English and Portuguese.

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 Park Hill North neighborhood in Yonkers, NY, residents most commonly identify their ethnicity or ancestry as Mexican (31.8%). There are also a number of people of Dominican ancestry (15.1%), and residents who report Puerto Rican roots (9.9%), and some of the residents are also of Asian ancestry (6.2%), along with some South American ancestry residents (5.2%), among others. In addition, 43.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Park Hill North neighborhood spend between 15 and 30 minutes commuting one-way to work (31.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (43.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (21.5%) and 13.5% 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.


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Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
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Violent Crime Comparison
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