Bedford Stuyvesant North median real estate price is $1,442,779, which is more expensive than 86.6% of the neighborhoods in New York and 96.0% of the neighborhoods in the U.S.
The average rental price in Bedford Stuyvesant North is currently $2,913, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.9% of New York neighborhoods.
Bedford Stuyvesant North is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bedford Stuyvesant North 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 renter occupied. Many of the residences in the Bedford Stuyvesant North neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
In Bedford Stuyvesant North, 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 Bedford Stuyvesant North is very tight compared to the demand for property here.
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 NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
100.0% of the real estate in the Bedford Stuyvesant North neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. With a real estate vacancy rate of only 0.0%, the Bedford Stuyvesant North 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.
In addition, the Bedford Stuyvesant North 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 93.6% 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.
Furthermore, one of the really unique and interesting things about the look and setting of the Bedford Stuyvesant North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 86.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.6% of all neighborhoods in America.
Also of note, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Bedford Stuyvesant North neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Of note is NeighborhoodScout's research finding that the Bedford Stuyvesant North 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 Bedford Stuyvesant North community truly stands out from the rest in this regard.
In the Bedford Stuyvesant North neighborhood, 78.7% 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 100.0% of the 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 NeighborhoodScout's exclusive analysis shows that the Bedford Stuyvesant North neighborhood has a highly unusual pattern of car ownership. 90.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 100.0% of U.S. neighborhoods.
Did you know that the Bedford Stuyvesant North neighborhood has more Brazilian and Slovak ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.7% of this neighborhood's residents have Brazilian ancestry and 1.4% have Slovak ancestry.
Bedford Stuyvesant North is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.
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 Bedford Stuyvesant North neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.7% 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 Bedford Stuyvesant North neighborhood, 61.5% 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 24.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.0%), and 4.8% in manufacturing and laborer occupations.
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 Stuyvesant North neighborhood is English, spoken by 62.1% of households. Other important languages spoken here include Spanish, Korean, Chinese and Portuguese.
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 Stuyvesant North neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Mexican (14.3%). There are also a number of people of Asian ancestry (13.8%), and residents who report Puerto Rican roots (8.7%), and some of the residents are also of German ancestry (7.0%), along with some Sub-Saharan African ancestry residents (5.4%), among others. In addition, 37.2% 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 Stuyvesant North neighborhood spend between 45 minutes and one hour commuting one-way to work (43.0% of working residents), longer and tougher than most commutes in America.
Here most residents (78.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (6.0%) . This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.