Empire Blvd / Albany Ave median real estate price is $1,391,114, which is more expensive than 82.2% of the neighborhoods in New York and 93.8% of the neighborhoods in the U.S.
The average rental price in Empire Blvd / Albany Ave is currently $2,915, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.8% of New York neighborhoods.
Empire Blvd / Albany Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Empire Blvd / 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Empire Blvd / Albany Ave 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.
In Empire Blvd / Albany Ave, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.1% of all neighborhoods in the U.S. This means that the housing supply in Empire Blvd / Albany Ave is very tight compared to the demand for property here.
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 Empire Blvd / Albany Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 76,664 people per square mile, it is more densely populated than 99.3% of America's neighborhoods. 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 Empire Blvd / Albany Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the Empire Blvd / 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, 80.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.8% of American neighborhoods.
Furthermore, 84.6% of the real estate in the Empire Blvd / Albany Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, 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 62.3% of the residential real estate in the Empire Blvd / Albany Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people in Empire Blvd / Albany Ave choose to walk to work each day (28.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 29.5% of the Empire Blvd / Albany Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.3% of America's neighborhoods.
Finally, our research revealed that more commuters here take the bus to work (13.5% ride the bus) than 96.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Empire Blvd / Albany Ave neighborhood have a highly unusual car ownership. 39.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.
Did you know that the Empire Blvd / Albany Ave neighborhood has more Haitian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.8% of this neighborhood's residents have Haitian ancestry and 3.3% have Eastern European ancestry.
Empire Blvd / Albany Ave is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily speak German/Yiddish 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 Empire Blvd / Albany Ave 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 82.4% of U.S. neighborhoods. With 43.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% 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 Empire Blvd / Albany Ave neighborhood, 50.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 11.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Empire Blvd / Albany Ave neighborhood is English, spoken by 70.6% of households. Other important languages spoken here include German/Yiddish, Spanish and French.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Empire Blvd / Albany Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (9.8%). There are also a number of people of Polish ancestry (6.7%), and residents who report Sub-Saharan African roots (3.5%), and some of the residents are also of Eastern European ancestry (3.3%), along with some African ancestry residents (2.7%), among others. In addition, 29.8% 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 Empire Blvd / Albany Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (40.5% of working residents), longer and tougher than most commutes in America.
Here most residents (29.5%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (28.5%) and 13.5% of residents also ride the bus 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.