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Real Estate Prices & Overview

W 10th St / Kings Hwy median real estate price is $1,240,116, which is more expensive than 82.5% of the neighborhoods in New York and 94.2% of the neighborhoods in the U.S.

The average rental price in W 10th St / Kings Hwy is currently $3,083, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.4% of New York neighborhoods.

W 10th St / Kings Hwy is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

W 10th St / Kings Hwy 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 W 10th St / Kings Hwy 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.

Real estate vacancies in W 10th St / Kings Hwy are 4.9%, which is lower than one will find in 67.1% of American neighborhoods. Demand for real estate in W 10th St / Kings Hwy 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.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

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 67,462 people per square mile, it is more densely populated than 99.1% of America'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 W 10th St / Kings Hwy 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 66.6% of the residential real estate in the W 10th St / Kings Hwy neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 35.6% of the W 10th St / Kings Hwy neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

Also, in the W 10th St / Kings Hwy neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 11.7% of residents here. This is a higher proportion of walking commuters than we found in 95.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the W 10th St / Kings Hwy neighborhood buck this trend. 20.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.3% of U.S. neighborhoods.

Diversity

Did you know that the W 10th St / Kings Hwy neighborhood has more Ukrainian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.8% of this neighborhood's residents have Ukrainian ancestry and 38.2% have Asian ancestry.

W 10th St / Kings Hwy is also pretty special linguistically. Significantly, 9.1% 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 99.9% of the neighborhoods in America.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the W 10th St / Kings Hwy neighborhood has a greater percentage of residents born in another country (57.8%) than are found in 99.0% of all U.S. neighborhoods.

The Neighbors

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 W 10th St / Kings Hwy neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 58.0% of the neighborhoods in America. In addition, 5.5% 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 63.1% 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 W 10th St / Kings Hwy neighborhood, 48.0% 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 24.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.4%), and 13.0% 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 W 10th St / Kings Hwy neighborhood is Chinese, spoken by 29.8% of households. Other important languages spoken here include English, Russian, Spanish and Arabic.

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 W 10th St / Kings Hwy neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (38.2%). There are also a number of people of Italian ancestry (9.5%), and residents who report Ukrainian roots (7.8%), and some of the residents are also of Russian ancestry (4.2%), along with some Puerto Rican ancestry residents (3.7%), among others. In addition, 57.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 W 10th St / Kings Hwy neighborhood spend between 45 minutes and one hour commuting one-way to work (47.0% of working residents), longer and tougher than most commutes in America.

Here most residents (35.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (30.7%) and 11.7% of residents also hop out the door and walk to work 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.


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