Part of Manhattan’s District 9, the neighborhood is located between Morningside Heights in the south and Washington Heights in the north. Both are home to major educational institutions, and Columbia University even planned to expand into the area to connect its existing campuses in both of these communities. While it may not be one of the best neighborhoods in NYC for families, young professionals, students, and singles have a lot to look forward to when relocating here.
According to census data from 2017, the median home value of owner-occupied units in District 9 is $721,100. While you can find housing for under $500k, around 33% of all units go between $500k-$1M. The housing prices may be too much for some, but they are still more affordable than the best neighborhoods in Manhattan. Luckily, the average rent cost is less than $900, making renting in the community a significantly cheaper option, even when compared to the city average of $1,250.
Manhattanville’s median household income of $41,500 is around 30% lower than the city average of $58,900, which is unusual, especially for Manhattan. The demographics clearly show that the neighborhood is popular with students and young people in general. They often have to work in entry-level positions, unpaid internships, or have lower working hours, which explains the lower income.
Living in Manhattan can get pretty expensive if you don’t have appropriate funding. One of the easiest ways to reduce the expenses in the city is to get a roommate. The average household size in the neighborhood is around eight people, which means that many share apartments or live in condominiums. If your apartment is getting too crowded for you to do your job, many of the best places to work remotely in NYC are nearby in Harlem.
The median age is around 31 years, lower than the city average of 35. Out of all the households, only about 20% represent married couples, much lower than the city’s 36.5%. The large percentage of young and available residents make this is one of the best neighborhoods in NYC for singles.
The neighborhood is even more racially diverse than NYC as a whole. Most of the residents, around 53%, are Hispanic or Latino of any race, 20% are African American, and 8.5% are Asian. About 11% are White of any ethnicity, and 5% are mixed race.
Just as the city and borough offer many amenities, people relocating here have a lot to look forward to:
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