Winthrop St / Albany Ave median real estate price is $851,109, which is more expensive than 63.8% of the neighborhoods in New York and 86.3% of the neighborhoods in the U.S.
The average rental price in Winthrop St / Albany Ave is currently $1,901, based on Ä¢¹½ÊÓƵ's exclusive analysis. Rents here are currently lower in price than 73.0% of New York neighborhoods.
Winthrop St / Albany Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Winthrop St / Albany Ave 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Winthrop St / Albany Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.8% in Winthrop St / Albany Ave. Ä¢¹½ÊÓƵ analysis shows that this rate is lower than 53.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
One of the unique characteristics of the Winthrop St / Albany Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.9% of the neighborhoods in America.
Homes built from 2000 through today make up a higher proportion of the Winthrop St / Albany Ave neighborhood's real estate landscape than 99.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 96.2% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
In addition, the real estate in the Winthrop St / Albany Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Winthrop St / Albany Ave neighborhood. The percentage of rental real estate here, according to exclusive Ä¢¹½ÊÓƵ analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Also of note, the Winthrop St / Albany Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.3% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Winthrop St / Albany Ave 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 Winthrop St / Albany Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.9% 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 99.1% of all neighborhoods in America.
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 Ä¢¹½ÊÓƵ's exclusive analysis shows that the Winthrop St / Albany Ave neighborhood has a highly unusual pattern of car ownership. 57.0% of the households in this neighborhood don't own a car at all. This is more carless households than Ä¢¹½ÊÓƵ found in 99.0% of U.S. neighborhoods.
In the Winthrop St / Albany Ave neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓƵ's exclusive research reveals walking to and from work is the chosen way to commute for 26.9% of residents here. This is a higher proportion of walking commuters than we found in 98.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, in the Winthrop St / Albany Ave neighborhood, 26.9% 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 98.1% of the neighborhoods in America.
Did you know that the Winthrop St / Albany Ave neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.8% of this neighborhood's residents have Haitian ancestry and 7.4% have Jamaican ancestry.
Winthrop St / Albany Ave is also pretty special linguistically. Significantly, 2.9% 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 95.1% 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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Winthrop St / Albany Ave neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 99.9% of U.S. neighborhoods. With 50.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.1% 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 Winthrop St / Albany Ave neighborhood, 42.3% 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 33.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.7%), and 10.1% 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 Winthrop St / Albany Ave neighborhood is English, spoken by 78.1% of households. Other important languages spoken here include Spanish, Chinese and French.
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 Winthrop St / Albany Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (14.7%). There are also a number of people of Haitian ancestry (8.8%), and residents who report Jamaican roots (7.4%), and some of the residents are also of Asian ancestry (4.8%), along with some German ancestry residents (2.6%), among others. In addition, 15.2% of the residents of this neighborhood were born in another country.
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 Winthrop St / Albany Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (34.3% of working residents), longer and tougher than most commutes in America.
Here most residents (26.9%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (26.9%) and 22.1% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
