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Real Estate Prices & Overview

E 14th St / Ave I median real estate price is $1,181,761, which is more expensive than 79.4% of the neighborhoods in New York and 93.1% of the neighborhoods in the U.S.

The average rental price in E 14th St / Ave I is currently $3,086, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.9% of New York neighborhoods.

E 14th St / Ave I is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 14th St / Ave I 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 E 14th St / Ave I 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.

Home and apartment vacancy rates are 6.9% in E 14th St / Ave I. NeighborhoodScout analysis shows that this rate is lower than 52.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 E 14th St / Ave I neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The E 14th St / Ave I neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 53,909 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation'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 E 14th St / Ave I neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The E 14th St / Ave I neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 73.7% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.1% of the neighborhoods in the United States.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 33.6% of the E 14th St / Ave I 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.

People

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the E 14th St / Ave I neighborhood, where 37.4% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.9% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the E 14th St / Ave I neighborhood buck this trend. 20.4% 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 E 14th St / Ave I neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Ukrainian ancestry and 3.7% have Russian ancestry.

E 14th St / Ave I is also pretty special linguistically. Significantly, 10.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the E 14th St / Ave I neighborhood has a greater percentage of residents born in another country (43.9%) than are found in 95.6% of all U.S. neighborhoods.

The Neighbors

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 E 14th St / Ave I 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 51.7% of the neighborhoods in America. With 17.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.8% of U.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 E 14th St / Ave I neighborhood, 40.4% 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 25.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.4%), and 16.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 E 14th St / Ave I neighborhood is English, spoken by 41.2% of households. Other important languages spoken here include Urdu (the national language of Pakistan), German/Yiddish, Russian and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the E 14th St / Ave I neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (18.4%). There are also a number of people of Russian ancestry (3.7%), and residents who report Ukrainian roots (3.1%), and some of the residents are also of Puerto Rican ancestry (2.1%), along with some Arab ancestry residents (1.7%), among others. In addition, 43.9% 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 E 14th St / Ave I neighborhood spend between 45 minutes and one hour commuting one-way to work (55.9% of working residents), longer and tougher than most commutes in America.

Here most residents (33.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (32.0%) and 10.9% 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.


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