Bushwick Ave / Suydam St median real estate price is $1,644,113, which is more expensive than 88.5% of the neighborhoods in New York and 96.3% of the neighborhoods in the U.S.
The average rental price in Bushwick Ave / Suydam St is currently $5,070, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4% of the neighborhoods in New York.
Bushwick Ave / Suydam St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bushwick Ave / Suydam 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 renter occupied. Many of the residences in the Bushwick Ave / Suydam St 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 2000 and the present.
Real estate vacancies in Bushwick Ave / Suydam St are 4.3%, which is lower than one will find in 71.3% of American neighborhoods. Demand for real estate in Bushwick Ave / Suydam St 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 67.2% of the Bushwick Ave / Suydam St neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
Also, 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 Bushwick Ave / Suydam St neighborhood is a fantastic option for bicycle commuters, as 6.6% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.0% of the neighborhoods in America.
Car Ownership
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 Bushwick Ave / Suydam St neighborhood has a highly unusual pattern of car ownership. 75.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
Real Estate
The Bushwick Ave / Suydam St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 56,566 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 NeighborhoodScout's exclusive and first quantitative walkable score index, the Bushwick Ave / Suydam St neighborhood is one of the most walkable neighborhoods in America.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bushwick Ave / Suydam St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 44.0% of the real estate here is made up of such dwellings, which is higher than 97.7% of all U.S. neighborhoods.
Furthermore, 83.9% of the real estate in the Bushwick Ave / Suydam St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
People
Bushwick Ave / Suydam St has the amazing distinction of housing more same sex couples living together than 98.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
Diversity
Did you know that the Bushwick Ave / Suydam St neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.6% of this neighborhood's residents have Dominican ancestry and 9.0% have Puerto Rican ancestry.
Bushwick Ave / Suydam St is also pretty special linguistically. Significantly, 1.3% 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 97.3% 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 Bushwick Ave / Suydam 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 75.1% of the neighborhoods in America. With 19.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.3% of U.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 Bushwick Ave / Suydam St neighborhood, 57.9% 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 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.8%), and 9.4% 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 Bushwick Ave / Suydam St neighborhood is English, spoken by 51.4% of households. Other important languages spoken here include Spanish and Chinese.
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 Bushwick Ave / Suydam St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (13.6%). There are also a number of people of Asian ancestry (12.7%), and residents who report Mexican roots (9.6%), and some of the residents are also of Puerto Rican ancestry (9.0%), along with some South American ancestry residents (4.8%), among others. In addition, 27.3% 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 Bushwick Ave / Suydam St neighborhood spend between 30 and 45 minutes commuting one-way to work (48.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (67.2%) take the train to get to work. In addition, quite a number also bicycle to get to work (6.6%) and 5.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. 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.
