E 17th St / Kings Hwy median real estate price is $1,042,038, which is more expensive than 74.1% of the neighborhoods in New York and 90.5% of the neighborhoods in the U.S.
The average rental price in E 17th St / Kings Hwy is currently $3,047, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.0% of New York neighborhoods.
E 17th St / Kings Hwy is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 17th St / Kings Hwy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E 17th St / Kings Hwy 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 8.9% in E 17th St / Kings Hwy. NeighborhoodScout analysis shows that this rate is lower than 43.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 40.0% of the E 17th St / Kings Hwy neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.8% of America's neighborhoods.
Also, more people in E 17th St / Kings Hwy choose to walk to work each day (14.0%) 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
The E 17th St / Kings Hwy neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,695 persons per square mile in the neighborhood, it is more packed with people than 98.8% 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 NeighborhoodScout's exclusive and first quantitative walkable score index, the E 17th St / Kings Hwy neighborhood is one of the most walkable neighborhoods in America.
In addition, one of the really unique and interesting things about the look and setting of the E 17th St / Kings Hwy neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 82.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.1% of all neighborhoods in America.
Furthermore, the E 17th St / Kings Hwy neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 86.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the E 17th St / Kings Hwy neighborhood have a highly unusual car ownership. 47.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.
People
Astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.4% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the E 17th St / Kings Hwy neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Diversity
Did you know that the E 17th St / Kings Hwy neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Ukrainian ancestry and 8.1% have Russian ancestry.
E 17th St / Kings Hwy is also pretty special linguistically. Significantly, 15.3% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the E 17th St / Kings Hwy neighborhood. What is interesting to note, is that the E 17th St / Kings Hwy neighborhood has a greater percentage of residents born in another country (55.4%) than are found in 98.6% of all U.S. neighborhoods.
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 E 17th St / Kings Hwy neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.0% of the neighborhoods in America. In addition, 10.2% 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 50.2% 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 E 17th St / Kings Hwy neighborhood, 46.9% 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 20.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 14.1% in manufacturing and laborer 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 E 17th St / Kings Hwy neighborhood is English, spoken by 30.8% of households. Other important languages spoken here include Chinese, Russian, Arabic and Spanish.
Ethnicity / Ancestry
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 E 17th St / Kings Hwy neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (23.2%). There are also a number of people of Arab ancestry (8.4%), and residents who report Russian roots (8.1%), and some of the residents are also of Ukrainian ancestry (5.5%), along with some German ancestry residents (4.6%), among others. In addition, 55.4% of the residents of this neighborhood were born in another country.
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 E 17th St / Kings Hwy neighborhood spend between 45 minutes and one hour commuting one-way to work (35.0% of working residents), longer and tougher than most commutes in America.
Here most residents (40.0%) take the train to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.1%) and 14.0% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.
