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Real Estate Prices & Overview

Bushwick Southeast median real estate price is $1,078,595, which is more expensive than 77.4% of the neighborhoods in New York and 92.1% of the neighborhoods in the U.S.

The average rental price in Bushwick Southeast is currently $4,152, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.1% of the neighborhoods in New York.

Bushwick Southeast is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Bushwick Southeast 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Bushwick Southeast 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 2000 and the present.

Real estate vacancies in Bushwick Southeast are 3.5%, which is lower than one will find in 76.6% of American neighborhoods. Demand for real estate in Bushwick Southeast 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.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the Bushwick Southeast neighborhood, 79.3% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 100.0% of the neighborhoods in America.

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 Bushwick Southeast neighborhood have a highly unusual car ownership. 42.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

Real Estate

The Bushwick Southeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,081 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods. 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 Bushwick Southeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Bushwick Southeast neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 36.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.3% of America's neighborhoods.

Diversity

Did you know that the Bushwick Southeast neighborhood has more Puerto Rican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.6% of this neighborhood's residents have Puerto Rican ancestry and 3.7% have Jamaican ancestry.

Bushwick Southeast is also pretty special linguistically. Significantly, 2.9% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.4% of the neighborhoods in America.

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 Bushwick Southeast neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.4% of the neighborhoods in America. With 50.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% of U.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 Bushwick Southeast neighborhood, 52.0% 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 25.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.2%), and 9.0% in clerical, assistant, and tech support 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 Bushwick Southeast neighborhood is English, spoken by 60.8% of households. Other important languages spoken here include Spanish, Arabic and French.

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 Bushwick Southeast neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (19.6%). There are also a number of people of Spanish ancestry (11.3%), and residents who report Italian roots (7.0%), and some of the residents are also of German ancestry (3.8%), along with some Jamaican ancestry residents (3.7%), among others. In addition, 23.9% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Bushwick Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (50.6% of working residents), longer and tougher than most commutes in America.

Here most residents (79.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (6.7%) . 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.


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