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Real Estate Prices & Overview

Chauncey median real estate price is $869,591, which is more expensive than 60.4% of the neighborhoods in New York and 83.1% of the neighborhoods in the U.S.

The average rental price in Chauncey is currently $4,248, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.8% of the neighborhoods in New York.

Chauncey is a suburban neighborhood (based on population density) located in Dobbs Ferry, New York.

Chauncey real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Chauncey neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Chauncey are 4.7%, which is lower than one will find in 67.6% of American neighborhoods. Demand for real estate in Chauncey 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.

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

People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 43.2% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 97.9% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Chauncey neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Chauncey neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.6% of America's neighborhoods are wealthier than the Chauncey neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, there is an especially high percentage of incarcerated people (1.3%) living in the Chauncey neighborhood.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 14.2% of the Chauncey neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.5% of America's neighborhoods.

Occupations

The Chauncey neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.5% of the neighborhoods in America. In fact, 70.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Chauncey neighborhood has more Croatian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Croatian ancestry and 2.2% have Eastern European ancestry.

Chauncey is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.3% of the neighborhoods in America.

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 Chauncey neighborhood in Dobbs Ferry 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 96.4% of the neighborhoods in America. In addition, 1.3% 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 77.7% 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 Chauncey neighborhood, 70.9% 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 12.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (8.8%), and 8.1% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Chauncey neighborhood is English, spoken by 72.7% of households. Some people also speak Spanish (3.0%).

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 Chauncey neighborhood in Dobbs Ferry, NY, residents most commonly identify their ethnicity or ancestry as Italian (18.9%). There are also a number of people of Irish ancestry (17.8%), and residents who report Asian roots (12.5%), and some of the residents are also of German ancestry (12.0%), along with some English ancestry residents (5.1%), among others. In addition, 21.0% 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 Chauncey neighborhood spend under 15 minutes commuting one-way to work (26.7% of working residents), one of the shortest commutes across America.

Here most residents (46.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (14.2%) and 8.3% 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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