E 108th St / Flatlands 8th St median real estate price is $856,103, which is more expensive than 66.7% of the neighborhoods in New York and 86.9% of the neighborhoods in the U.S.
The average rental price in E 108th St / Flatlands 8th St is currently $2,621, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.3% of New York neighborhoods.
E 108th St / Flatlands 8th St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 108th St / Flatlands 8th St 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 owner occupied. Many of the residences in the E 108th St / Flatlands 8th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
E 108th St / Flatlands 8th St has a 13.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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 E 108th St / Flatlands 8th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
In a nation where 1 out of every 4 children lives in poverty, the E 108th St / Flatlands 8th St neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, neighborhoodScout's analysis shows that the E 108th St / Flatlands 8th St neighborhood has a greater concentration of residents currently enrolled in college than 95.2% of the neighborhoods in the U.S. With 11.0% of the population here attending college, this is very much a college-focused neighborhood.
Also, the E 108th St / Flatlands 8th St neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.6% of college-friendly places to live in NY. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates.
Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 3.8% of the E 108th St / Flatlands 8th St neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.8% of America's neighborhoods.
Also, in the E 108th St / Flatlands 8th St neighborhood, 22.5% 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 97.5% of the neighborhoods in America.
Finally, 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 E 108th St / Flatlands 8th St neighborhood is a fantastic option for bicycle commuters, as 3.4% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.4% of the neighborhoods in America.
Length of Commute
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. 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 108th St / Flatlands 8th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 18.5% 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 NeighborhoodScout found in 99.3% of all neighborhoods in America.
Diversity
Did you know that the E 108th St / Flatlands 8th St neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.5% of this neighborhood's residents have Jamaican ancestry and 13.3% have Haitian ancestry.
E 108th St / Flatlands 8th St is also pretty special linguistically. Significantly, 15.3% 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.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the E 108th St / Flatlands 8th St neighborhood has a greater percentage of residents born in another country (48.6%) than are found in 97.3% 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 108th St / Flatlands 8th St 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 71.3% of the neighborhoods in America. 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 108th St / Flatlands 8th St neighborhood, 48.9% 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 20.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.7%), and 14.2% in clerical, assistant, and tech support 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 108th St / Flatlands 8th St neighborhood is English, spoken by 72.6% of households. Other important languages spoken here include French, German/Yiddish and African languages.
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 108th St / Flatlands 8th St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (23.5%). There are also a number of people of Haitian ancestry (13.3%), and residents who report Sub-Saharan African roots (7.7%), and some of the residents are also of African ancestry (2.5%), along with some Asian ancestry residents (2.1%), among others. In addition, 48.6% 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 E 108th St / Flatlands 8th St neighborhood spend between 45 minutes and one hour commuting one-way to work (33.7% of working residents), longer and tougher than most commutes in America.
Here most residents (62.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (22.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
