E 43rd St / Ave D median real estate price is $829,880, which is more expensive than 61.9% of the neighborhoods in New York and 85.2% of the neighborhoods in the U.S.
The average rental price in E 43rd St / Ave D is currently $2,285, based on Ä¢¹½ÊÓƵ's exclusive analysis. Rents here are currently lower in price than 64.5% of New York neighborhoods.
E 43rd St / Ave D is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 43rd St / Ave D real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the E 43rd St / Ave D 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 E 43rd St / Ave D are 4.6%, which is lower than one will find in 67.8% of American neighborhoods. Demand for real estate in E 43rd St / Ave D 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.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by Ä¢¹½ÊÓƵ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Of note is Ä¢¹½ÊÓƵ's research finding that the E 43rd St / Ave D 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 E 43rd St / Ave D community truly stands out from the rest in this regard.
If you love row houses and attached homes, you will probably really like the E 43rd St / Ave D 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, 56.1% of the residential real estate here is classified as row houses and attached homes.
In addition, the E 43rd St / Ave D neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,535 persons per square mile in the neighborhood, it is more packed with people than 97.5% 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 Ä¢¹½ÊÓƵ's exclusive and first quantitative walkable score index, the E 43rd St / Ave D neighborhood is one of the most walkable neighborhoods in America.
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 59.7% of the residential real estate in the E 43rd St / Ave D neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
In the E 43rd St / Ave D neighborhood, 30.7% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, Ä¢¹½ÊÓƵ's analysis reveals that this is a higher level of train ridership than in 98.3% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.9% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E 43rd St / Ave D neighborhood stands out for its commute length, according to Ä¢¹½ÊÓƵ's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 43rd St / Ave D neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.7% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than Ä¢¹½ÊÓƵ found in 97.7% of all neighborhoods in America.
Did you know that the E 43rd St / Ave D neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.2% of this neighborhood's residents have Jamaican ancestry and 14.6% have Haitian ancestry.
E 43rd St / Ave D is also pretty special linguistically. Significantly, 15.1% 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 99.6% of the neighborhoods in America.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. Ä¢¹½ÊÓƵ's research has revealed some interesting things about the rootedness of people in the E 43rd St / Ave D neighborhood. More residents of the E 43rd St / Ave D neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the E 43rd St / Ave D neighborhood has a greater percentage of residents born in another country (64.8%) than are found in 99.5% of all U.S. neighborhoods.
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 E 43rd St / Ave D neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 72.1% 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.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the E 43rd St / Ave D neighborhood, 55.0% 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 17.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.4%), and 12.4% 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 E 43rd St / Ave D neighborhood is English, spoken by 80.3% of households. Other important languages spoken here include French and Spanish.
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 E 43rd St / Ave D neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (26.2%). There are also a number of people of Haitian ancestry (14.6%), and residents who report Sub-Saharan African roots (4.5%), and some of the residents are also of African ancestry (4.5%), along with some Cuban ancestry residents (3.0%), among others. In addition, 64.8% 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 E 43rd St / Ave D neighborhood spend between 45 minutes and one hour commuting one-way to work (48.8% of working residents), longer and tougher than most commutes in America.
Here most residents (38.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (30.7%) and 16.2% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
