E 56th St / Ave K median real estate price is $891,572, which is more expensive than 64.0% of the neighborhoods in New York and 85.9% of the neighborhoods in the U.S.
The average rental price in E 56th St / Ave K is currently $3,237, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.1% of New York neighborhoods.
E 56th St / Ave K is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 56th St / Ave K real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 56th St / Ave K neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 7.2% in E 56th St / Ave K. NeighborhoodScout analysis shows that this rate is lower than 51.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 56th St / Ave K neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 E 56th St / Ave K 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 69.7% of the real estate here is made up of such dwellings, which is higher than 99.7% of all U.S. neighborhoods.
In addition, the E 56th St / Ave K neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,781 persons per square mile in the neighborhood, it is more packed with people than 98.2% of the nation's neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E 56th St / Ave K neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the E 56th St / Ave K neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.9% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.6% of all neighborhoods in America.
Our research revealed that more commuters here take the bus to work (27.6% ride the bus) than 99.6% 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.
Also, in the E 56th St / Ave K neighborhood, 32.8% 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 98.5% of the neighborhoods in America.
With a nice mix of college students, safety from crime, and decent walkability, the E 56th St / Ave K neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.0% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the E 56th St / Ave K neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.5% of this neighborhood's residents have Jamaican ancestry and 13.2% have Haitian ancestry.
E 56th St / Ave K is also pretty special linguistically. Significantly, 15.6% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
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. More residents of the E 56th St / Ave K neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.3% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the E 56th St / Ave K neighborhood has a greater percentage of residents born in another country (56.0%) than are found in 98.7% of all U.S. neighborhoods.
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 56th St / Ave K 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 69.5% of the neighborhoods in America. With 15.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.1% 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 56th St / Ave K neighborhood, 46.0% 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 19.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.4%), and 17.0% in clerical, assistant, and tech support 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 E 56th St / Ave K neighborhood is English, spoken by 76.1% of households. Other important languages spoken here include French, Polish and Spanish.
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 E 56th St / Ave K neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (21.5%). There are also a number of people of Haitian ancestry (13.2%), and residents who report Sub-Saharan African roots (5.1%), and some of the residents are also of African ancestry (2.5%), along with some German ancestry residents (1.7%), among others. In addition, 56.0% 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 E 56th St / Ave K neighborhood spend between 45 minutes and one hour commuting one-way to work (43.6% of working residents), longer and tougher than most commutes in America.
Here most residents (32.8%) take the train to get to work. In addition, quite a number also ride the bus to get to work (27.6%) and 25.4% of residents also drive alone in a private automobile 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.
