President St / Brooklyn Ave median real estate price is $2,497,654, which is more expensive than 95.9% of the neighborhoods in New York and 98.8% of the neighborhoods in the U.S.
The average rental price in President St / Brooklyn Ave is currently $3,672, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.5% of the neighborhoods in New York.
President St / Brooklyn Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
President St / Brooklyn Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the President St / Brooklyn Ave 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.
Real estate vacancies in President St / Brooklyn Ave are 4.8%, which is lower than one will find in 68.1% of American neighborhoods. Demand for real estate in President St / Brooklyn Ave 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.
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 President St / Brooklyn Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The President St / Brooklyn Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 46,315 persons per square mile in the neighborhood, it is more packed with people than 98.3% 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 President St / Brooklyn Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, if you love row houses and attached homes, you will probably really like the President St / Brooklyn Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 36.0% of the residential real estate here is classified as row houses and attached homes.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The President St / Brooklyn Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 80.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.6% of the neighborhoods in the United States.
Modes of Transportation
In the President St / Brooklyn Ave neighborhood, 37.7% 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 98.7% of the neighborhoods in America.
Also, more people in President St / Brooklyn Ave choose to walk to work each day (22.3%) 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.
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 President St / Brooklyn Ave neighborhood has a highly unusual pattern of car ownership. 32.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.
People
NeighborhoodScout's analysis shows that the President St / Brooklyn Ave neighborhood has a greater concentration of residents currently enrolled in college than 97.3% of the neighborhoods in the U.S. With 17.1% of the population here attending college, this is very much a college-focused neighborhood.
In addition, one of the really interesting characteristics about the President St / Brooklyn Ave neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.3% of college-friendly places to live in the state of New York.
Diversity
Did you know that the President St / Brooklyn Ave neighborhood has more Eastern European and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Eastern European ancestry and 6.2% have Haitian ancestry.
President St / Brooklyn Ave is also pretty special linguistically. Significantly, 8.1% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.5% 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 President St / Brooklyn Ave 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 60.1% of the neighborhoods in America. With 46.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.3% 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 President St / Brooklyn Ave neighborhood, 58.7% 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 (16.9%), and 5.4% 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 President St / Brooklyn Ave neighborhood is English, spoken by 67.9% of households. Other important languages spoken here include German/Yiddish, Spanish and French.
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 President St / Brooklyn Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (6.2%). There are also a number of people of Jamaican ancestry (5.2%), and residents who report Italian roots (4.3%), and some of the residents are also of German ancestry (3.9%), along with some Eastern European ancestry residents (3.8%), among others. In addition, 23.9% 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 President St / Brooklyn Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (30.9% of working residents), longer and tougher than most commutes in America.
Here most residents (37.7%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (22.3%) and 16.3% of residents also drive alone in a private automobile 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.
