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Real Estate Prices & Overview

Stony Brook University median real estate price is $758,594, which is more expensive than 58.1% of the neighborhoods in New York and 82.9% of the neighborhoods in the U.S.

Average rental prices in the Stony Brook University neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Stony Brook University is a suburban neighborhood (based on population density) located in East Setauket, New York.

Stony Brook University real estate is primarily made up of . Most of the residential real estate is renter occupied. Many of the residences in the Stony Brook University 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 1970 and 1999.

In Stony Brook University, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Stony Brook University is very tight compared to the demand for property here.

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 East Setauket, the Stony Brook University neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

With a real estate vacancy rate of only 0.0%, the Stony Brook University neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

People

In a nation where 1 out of every 4 children lives in poverty, the Stony Brook University neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, if you're nearing retirement age, or in retirement, the Stony Brook University is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 9.9% 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.

Occupations

The Stony Brook University neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 100.0% of the neighborhoods in America. In fact, 92.9% 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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.

Also, in the Stony Brook University neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 32.2% of residents here. This is a higher proportion of walking commuters than we found in 99.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

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. In the Stony Brook University neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas. What is also interesting to note, is that the Stony Brook University neighborhood has a greater percentage of residents born in another country (48.3%) than are found in 97.2% of all U.S. neighborhoods.

Diversity

Did you know that the Stony Brook University neighborhood has more Asian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.4% of this neighborhood's residents have Asian ancestry and 4.7% have Russian ancestry.

Stony Brook University is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.6% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Stony Brook University neighborhood in East Setauket are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% 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.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Stony Brook University neighborhood, 92.9% 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 4.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (2.4%).

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 Stony Brook University neighborhood is English, spoken by 49.2% of households. Other important languages spoken here include Langs. of India 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 Stony Brook University neighborhood in East Setauket, NY, residents most commonly identify their ethnicity or ancestry as Asian (46.4%). There are also a number of people of Irish ancestry (7.3%), and residents who report German roots (4.9%), and some of the residents are also of Russian ancestry (4.7%), along with some Italian ancestry residents (4.4%), among others. In addition, 48.3% 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 Stony Brook University neighborhood spend between 15 and 30 minutes commuting one-way to work (49.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (38.4%) ride the bus to get to work. In addition, quite a number also hop out the door and walk to work to get to work (32.2%) and 17.1% of residents also drive alone in a private automobile for their daily commute. The bus provides a valuable service in the Stony Brook University neighborhood of East Setauket by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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