Neighborhood Profile: Bryn Mawr Park in Yonkers

Bryn Mawr Park is a neighborhood in the 10710 ZIP code of Yonkers, bounded by the Saw Mill River Parkway on the west, Palmer Road on the south, Tuckahoe Road on the north, and on the east a line from where Tuckahoe Road meets Mountainside Road, just east of I-87, to where Palmer Road meets I-87.

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Median real estate price in the area is $486,910, which is more expensive than 61.4% of the neighborhoods in New York and 85.9% of the neighborhoods in the U.S. The average rental price in Bryn Mawr Park is currently $2,225. Bryn Mawr Park 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 Bryn Mawr Park neighborhood were built between 1940 and 1969, with a number also built before 1940.

Real estate vacancies in Bryn Mawr Park are 5.4%, which is lower than one will find in 72.8% of American neighborhoods. Demand for real estate in Bryn Mawr Park 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.

One of the really interesting characteristics about the Bryn Mawr Park neighborhood is that 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. 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. The neighborhood is rated among the top 1.5% 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.

Bryn Mawr Park is remarkably stable. More residents of the neighborhood live here today who have lived there five years or longer than is found in 97.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don’t move often, and have lived here in this very neighborhood for quite a while.

The neighbors in the Bryn Mawr Park neighborhood are upper-middle income, making it an above average income neighborhood. This neighborhood has a higher income than 82.8% of the neighborhoods in America. 37.9% 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 31.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.9%), and 12.9% in manufacturing and laborer occupations.

Neighborhood residents most commonly identify their ethnicity or ancestry as Italian (30.4%). There are also a number of people of Irish ancestry (15.1%), and residents who report Dominican roots (10.8%), and some of the residents are also of German ancestry (7.4%), along with some Mexican ancestry residents (4.5%), among others. 27.2% of the residents of this neighborhood were born in another country. The most common language spoken in the Bryn Mawr Park neighborhood is English, spoken by 55.8% of households. Other important languages spoken here include Spanish, Italian, Portuguese and Arabic.

The greatest number of commuters in Bryn Mawr Park neighborhood spend between 15 and 30 minutes commuting one-way to work (41.6% of working residents), which is shorter than the time spent commuting to work for most Americans. Here most residents (79.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

If you love the look and feel of older neighborhoods, with fresh pizza, falafel and an independent florist at the corner in some parts, then you might find the Bryn Mawr Park 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 42.8% of this neighborhood’s real estate stock, is higher than 96.9% of all U.S. neighborhoods.

Source:  neighborhoodscout.com

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