Halsey St / Patchen Ave median real estate price is $1,754,800, which is more expensive than 88.8% of the neighborhoods in New York and 96.2% of the neighborhoods in the U.S.
The average rental price in Halsey St / Patchen Ave is currently $4,465, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.7% of the neighborhoods in New York.
Halsey St / Patchen Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Halsey St / Patchen Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Halsey St / Patchen 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 2000 and the present.
Real estate vacancies in Halsey St / Patchen Ave are 3.4%, which is lower than one will find in 77.3% of American neighborhoods. Demand for real estate in Halsey St / Patchen Ave 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.
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 Halsey St / Patchen Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 64,372 people per square mile, it is more densely populated than 99.0% 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 Halsey St / Patchen Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 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 Halsey St / Patchen Ave 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 59.2% of the real estate here is made up of such dwellings, which is higher than 99.2% of all U.S. neighborhoods.
Furthermore, 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 Halsey St / Patchen Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 89.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.9% 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 48.3% of the Halsey St / Patchen Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.7% of residents in the Halsey St / Patchen Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Halsey St / Patchen Ave neighborhood has a highly unusual pattern of car ownership. 49.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.
People
If you are an executive or professional seeking a neighborhood affording an executive lifestyle, or just wanting to find where other executives live in the area, the Halsey St / Patchen Ave neighborhood should be on your list. It has an enviable mix of spacious homes, relatively stable real estate values, and residents that include a number of wealthy executives, managers, and professionals. NeighborhoodScout's exclusive analysis places it as one of the top 12.2% executive lifestyle neighborhoods in the state of New York. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
Diversity
Did you know that the Halsey St / Patchen Ave neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.8% of this neighborhood's residents have Sub-Saharan African ancestry and 6.0% have Jamaican ancestry.
Halsey St / Patchen Ave is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.8% 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 Halsey St / Patchen 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 61.8% of the neighborhoods in America. With 12.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.4% 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 Halsey St / Patchen Ave neighborhood, 61.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.6%), and 7.9% 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 Halsey St / Patchen Ave neighborhood is English, spoken by 91.0% of households. Other important languages spoken here include French, African languages and Spanish.
Ethnicity / Ancestry
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 Halsey St / Patchen Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (18.8%). There are also a number of people of German ancestry (7.7%), and residents who report Jamaican roots (6.0%), and some of the residents are also of Irish ancestry (3.4%), along with some French ancestry residents (3.0%), among others. In addition, 18.5% of the residents of this neighborhood were born in another country.
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 Halsey St / Patchen Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (47.8% of working residents), longer and tougher than most commutes in America.
Here most residents (48.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.3%) and 15.1% 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.
