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Real Estate Prices & Overview

Gravesend Neck Rd / McDonald Ave median real estate price is $1,147,118, which is more expensive than 80.7% of the neighborhoods in New York and 93.3% of the neighborhoods in the U.S.

The average rental price in Gravesend Neck Rd / McDonald Ave is currently $3,012, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.8% of New York neighborhoods.

Gravesend Neck Rd / McDonald Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Gravesend Neck Rd / McDonald Ave 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 Gravesend Neck Rd / McDonald 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.

Home and apartment vacancy rates are 7.9% in Gravesend Neck Rd / McDonald Ave. NeighborhoodScout analysis shows that this rate is lower than 48.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

In the Gravesend Neck Rd / McDonald Ave neighborhood, 40.0% 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 98.8% of the neighborhoods in America.

Also, in the Gravesend Neck Rd / McDonald Ave 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 12.5% of residents here. This is a higher proportion of walking commuters than we found in 96.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

The Gravesend Neck Rd / McDonald Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,265 persons per square mile in the neighborhood, it is more packed with people than 97.6% 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 Gravesend Neck Rd / McDonald Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you love row houses and attached homes, you will probably really like the Gravesend Neck Rd / McDonald Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 31.1% of the residential real estate here is classified as row houses and attached homes.

Car Ownership

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 Gravesend Neck Rd / McDonald Ave neighborhood have a highly unusual car ownership. 34.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Gravesend Neck Rd / McDonald Ave neighborhood has more Asian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.8% of this neighborhood's residents have Asian ancestry and 3.5% have Russian ancestry.

Gravesend Neck Rd / McDonald Ave is also pretty special linguistically. Significantly, 38.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.8% 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 Gravesend Neck Rd / McDonald Ave neighborhood has a greater percentage of residents born in another country (52.0%) than are found in 98.1% 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 Gravesend Neck Rd / McDonald Ave 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 60.4% of the neighborhoods in America. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% 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 Gravesend Neck Rd / McDonald Ave neighborhood, 31.4% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.2%), and 16.4% 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 Gravesend Neck Rd / McDonald Ave neighborhood is Chinese, spoken by 38.8% of households. Other important languages spoken here include English, Spanish, Italian and Langs. of India.

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 Gravesend Neck Rd / McDonald Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (55.8%). There are also a number of people of Puerto Rican ancestry (6.0%), and residents who report Italian roots (4.3%), and some of the residents are also of Mexican ancestry (4.3%), along with some Russian ancestry residents (3.5%), among others. In addition, 52.0% 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 Gravesend Neck Rd / McDonald Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (41.1% of working residents), longer and tougher than most commutes in America.

Here most residents (40.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.5%) and 12.5% 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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