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Real Estate Prices & Overview

E 22nd St / Avenue N median real estate price is $1,015,511, 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 22nd St / Avenue N is currently $2,336, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.5% of New York neighborhoods.

E 22nd St / Avenue N is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 22nd St / Avenue N real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 22nd St / Avenue N neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.1% in E 22nd St / Avenue N. NeighborhoodScout 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 Brooklyn, the E 22nd St / Avenue N neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the E 22nd St / Avenue N neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the E 22nd St / Avenue N community truly stands out from the rest in this regard.

In addition, if you're nearing retirement age, or in retirement, the E 22nd St / Avenue N is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.7% of retiree-friendly neighborhoods in New York, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New York.

Real Estate

If you like crowded places, then you will probably enjoy the the E 22nd St / Avenue N neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 25,299 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The E 22nd St / Avenue N neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 23.7% of the E 22nd St / Avenue N neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.6% of America's neighborhoods.

Also, more people in E 22nd St / Avenue N choose to walk to work each day (15.5%) 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.

Finally, our research revealed that more commuters here take the bus to work (13.5% ride the bus) than 96.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the E 22nd St / Avenue N neighborhood buck this trend. 20.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.5% of U.S. neighborhoods.

Diversity

Did you know that the E 22nd St / Avenue N neighborhood has more Ukrainian and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.8% of this neighborhood's residents have Ukrainian ancestry and 4.7% have Romanian ancestry.

E 22nd St / Avenue N is also pretty special linguistically. Significantly, 9.2% 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 99.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the E 22nd St / Avenue N neighborhood has a greater percentage of residents born in another country (46.4%) than are found in 96.6% 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. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the E 22nd St / Avenue N neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 73.2% of U.S. neighborhoods. In addition, 0.0% 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 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the E 22nd St / Avenue N neighborhood, 62.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (11.9%), and 6.8% 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 22nd St / Avenue N neighborhood is English, spoken by 52.5% of households. Other important languages spoken here include Russian, German/Yiddish and Chinese.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the E 22nd St / Avenue N neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Ukrainian (10.8%). There are also a number of people of Arab ancestry (9.7%), and residents who report Polish roots (7.6%), and some of the residents are also of Russian ancestry (5.0%), along with some Romanian ancestry residents (4.7%), among others. In addition, 46.4% 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 E 22nd St / Avenue N neighborhood spend between 45 minutes and one hour commuting one-way to work (46.1% of working residents), longer and tougher than most commutes in America.

Here most residents (32.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (23.7%) and 15.5% of residents also hop out the door and walk to work 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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