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Real Estate Prices & Overview

Newkirk Ave / E 21st St median real estate price is $1,295,392, which is more expensive than 83.2% of the neighborhoods in New York and 94.7% of the neighborhoods in the U.S.

The average rental price in Newkirk Ave / E 21st St is currently $3,115, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.0% of New York neighborhoods.

Newkirk Ave / E 21st St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Newkirk Ave / E 21st St 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 Newkirk Ave / E 21st St 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 6.4% in Newkirk Ave / E 21st St. NeighborhoodScout analysis shows that this rate is lower than 55.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 120,801 people per square mile, it is more densely populated than 99.8% 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 Newkirk Ave / E 21st St neighborhood is one of the most walkable neighborhoods in America.

In addition, renter-occupied real estate is dominant in the Newkirk Ave / E 21st St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.1%, which is higher than 98.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, one of the really unique and interesting things about the look and setting of the Newkirk Ave / E 21st St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 81.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.0% of all neighborhoods in America.

Also of note, 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 Newkirk Ave / E 21st St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 64.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.6% of the neighborhoods in the United States.

Modes of Transportation

In the Newkirk Ave / E 21st St neighborhood, 40.9% 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 99.0% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 98.6% 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 3.5% of residents in the Newkirk Ave / E 21st St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

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 Newkirk Ave / E 21st St neighborhood have a highly unusual car ownership. 55.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Newkirk Ave / E 21st St 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 Newkirk Ave / E 21st St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.5% 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 97.0% of all neighborhoods in America.

People

There is an especially high percentage of incarcerated people (1.8%) living in the Newkirk Ave / E 21st St neighborhood.

Diversity

Did you know that the Newkirk Ave / E 21st St neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.7% of this neighborhood's residents have Haitian ancestry and 8.5% have Jamaican ancestry.

Newkirk Ave / E 21st St is also pretty special linguistically. Significantly, 19.7% 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 99.7% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Newkirk Ave / E 21st St neighborhood. What is interesting to note, is that the Newkirk Ave / E 21st St neighborhood has a greater percentage of residents born in another country (46.5%) than are found in 96.5% 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 Newkirk Ave / E 21st St 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 40.8% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.2% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Newkirk Ave / E 21st St neighborhood, 30.3% 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 26.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.0%), and 19.1% 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 Newkirk Ave / E 21st St neighborhood is English, spoken by 53.7% of households. Other important languages spoken here include French, Spanish and German/Yiddish.

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 Newkirk Ave / E 21st St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (12.7%). There are also a number of people of Jamaican ancestry (8.5%), and residents who report Asian roots (5.9%), and some of the residents are also of Mexican ancestry (4.9%), along with some Irish ancestry residents (3.4%), among others. In addition, 46.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Newkirk Ave / E 21st St neighborhood spend between 45 minutes and one hour commuting one-way to work (44.0% of working residents), longer and tougher than most commutes in America.

Here most residents (40.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.3%) and 19.1% 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.


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