Bedford Ave / Avenue S median real estate price is $1,309,399, which is more expensive than 83.3% of the neighborhoods in New York and 94.8% of the neighborhoods in the U.S.
The average rental price in Bedford Ave / Avenue S is currently $6,375, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.6% of the neighborhoods in New York.
Bedford Ave / Avenue S is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bedford Ave / Avenue S real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Bedford Ave / Avenue S 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.
Bedford Ave / Avenue S has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.0% 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 Bedford Ave / Avenue S neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Bedford Ave / Avenue S neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, 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 Bedford Ave / Avenue S neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.8% 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 Bedford Ave / Avenue S neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students and families with school-aged children.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 6.1% of residents in the Bedford Ave / Avenue S neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, in the Bedford Ave / Avenue S neighborhood, 20.4% 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 97.4% of the neighborhoods in America.
If you like crowded places, then you will probably enjoy the the Bedford Ave / Avenue S neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,701 people per square mile living here. 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 NeighborhoodScout's exclusive and first quantitative walkable score index, the Bedford Ave / Avenue S neighborhood is one of the most walkable neighborhoods in America.
In addition, 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 57.2% of the residential real estate in the Bedford Ave / Avenue S neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Bedford Ave / Avenue S neighborhood has more Arab and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.9% of this neighborhood's residents have Arab ancestry and 1.9% have Lebanese ancestry.
Bedford Ave / Avenue S is also pretty special linguistically. Significantly, 3.5% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.5% 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 Bedford Ave / Avenue S 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 67.5% 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 Bedford Ave / Avenue S neighborhood, 44.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 29.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.9%), and 9.4% in government jobs, whether they are in local, state, or federal positions.
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 Bedford Ave / Avenue S neighborhood is English, spoken by 60.6% of households. Other important languages spoken here include Chinese, Spanish, African languages and Russian.
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 Bedford Ave / Avenue S neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Arab (15.9%). There are also a number of people of Asian ancestry (15.2%), and residents who report Polish roots (2.9%), and some of the residents are also of Lebanese ancestry (1.9%), along with some Italian ancestry residents (1.7%), among others. In addition, 27.3% 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 Bedford Ave / Avenue S neighborhood spend between 45 minutes and one hour commuting one-way to work (36.3% of working residents), longer and tougher than most commutes in America.
Here most residents (44.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (20.4%) and 16.1% of residents also carpool with coworkers, friends, or neighbors 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.