91st St / Colonial Rd median real estate price is $1,462,769, which is more expensive than 88.3% of the neighborhoods in New York and 96.4% of the neighborhoods in the U.S.
The average rental price in 91st St / Colonial Rd is currently $950, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 99.5% of New York neighborhoods.
91st St / Colonial Rd is a densely urban neighborhood (based on population density) located in Brooklyn, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
91st St / Colonial Rd 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 91st St / Colonial Rd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
91st St / Colonial Rd has a 12.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Real Estate
The 91st St / Colonial Rd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,405 persons per square mile in the neighborhood, it is more packed with people than 97.6% 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 91st St / Colonial Rd neighborhood is one of the most walkable neighborhoods in America. 91st St / Colonial Rd is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, 91st St / Colonial Rd is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, the real estate in the 91st St / Colonial Rd neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 81.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.9% of American neighborhoods.
People
One of the unique characteristics of the 91st St / Colonial Rd neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.9% of the neighborhoods in America. Also of note is NeighborhoodScout's research finding that the 91st St / Colonial Rd 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 91st St / Colonial Rd community truly stands out from the rest in this regard.
In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 58.3%. This is a higher percent living alone than we found in 98.5% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.0% of the 91st St / Colonial Rd neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.0% of America's neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 30.5% of the 91st St / Colonial Rd neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.2% of America's neighborhoods.
Finally, more people ride the bus in this neighborhood each day to get to work than 96.2% of U.S. neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 91st St / Colonial Rd neighborhood has a highly unusual pattern of car ownership. 22.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.8% of U.S. neighborhoods.
Occupations
The 91st St / Colonial Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.1% of the neighborhoods in America. In fact, 69.4% 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 91st St / Colonial Rd 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 8.8% have Russian ancestry.
91st St / Colonial Rd is also pretty special linguistically. Significantly, 8.7% 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.
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 91st St / Colonial Rd neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.9% 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.
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 91st St / Colonial Rd neighborhood, 69.4% 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 19.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.6%), and 3.0% 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 91st St / Colonial Rd neighborhood is English, spoken by 48.4% of households. Other important languages spoken here include Chinese, Spanish, Russian and Korean.
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 91st St / Colonial Rd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (22.3%). There are also a number of people of Irish ancestry (13.6%), and residents who report Italian roots (12.7%), and some of the residents are also of Russian ancestry (8.8%), along with some Puerto Rican ancestry residents (7.9%), among others. In addition, 41.8% 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 91st St / Colonial Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (52.9% of working residents), longer and tougher than most commutes in America.
Here most residents (30.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (30.1%) and 12.4% of residents also ride the bus 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.
