South Slope East median real estate price is $1,750,929, which is more expensive than 81.5% of the neighborhoods in New York and 93.0% of the neighborhoods in the U.S.
The average rental price in South Slope East is currently $4,964, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.6% of the neighborhoods in New York.
South Slope East is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
South Slope East 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 South Slope East 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.
In South Slope East, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.4% of all neighborhoods in the U.S. This means that the housing supply in South Slope East is very tight compared to the demand for property here.
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 South Slope East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 55,135 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 South Slope East neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the South Slope East neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 36.5% of the real estate here is made up of such dwellings, which is higher than 96.4% of all U.S. neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 75.2% of the residential real estate in the South Slope East neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
People
If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the South Slope East neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 99.4% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the South Slope East neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 81.1% of the adults living in the South Slope East neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.1% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the South Slope East neighborhood may actually hold the key. 70.1% of its residents are married, which is a higher percentage than is found in 96.4% of the neighborhoods in America.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 48.6% of the South Slope East neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the South Slope East neighborhood is a fantastic option for bicycle commuters, as 4.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.0% of the neighborhoods in America.
Finally, more people in South Slope East choose to walk to work each day (14.4%) 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 South Slope East neighborhood has a highly unusual pattern of car ownership. 37.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.
Occupations
Executives, managers and professionals make up 75.2% of the workforce in the South Slope East neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Diversity
Did you know that the South Slope East neighborhood has more Greek and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Greek ancestry and 3.5% have Eastern European ancestry.
South Slope East is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.0% 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 South Slope East neighborhood in Brooklyn are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.7% of the neighborhoods in America. In addition, 8.8% 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 53.7% 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 South Slope East neighborhood, 75.2% 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 14.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.6%), and 2.9% in government jobs, whether they are in local, state, or federal positions.
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 South Slope East neighborhood is English, spoken by 77.3% of households. Other important languages spoken here include French and Chinese.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the South Slope East neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Italian (20.2%). There are also a number of people of Irish ancestry (13.5%), and residents who report English roots (11.1%), and some of the residents are also of German ancestry (9.9%), along with some Asian ancestry residents (8.7%), among others. In addition, 17.4% 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 South Slope East neighborhood spend between 30 and 45 minutes commuting one-way to work (37.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (48.6%) 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 (14.4%) and 7.7% 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.
