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Real Estate Prices & Overview

Williamsburg Brg / Mangin St median real estate price is $1,325,336, which is more expensive than 83.9% of the neighborhoods in New York and 95.0% of the neighborhoods in the U.S.

The average rental price in Williamsburg Brg / Mangin St is currently $2,209, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.3% of New York neighborhoods.

Williamsburg Brg / Mangin St is a densely urban neighborhood (based on population density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Williamsburg Brg / Mangin 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 townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Williamsburg Brg / Mangin St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Williamsburg Brg / Mangin St are 3.7%, which is lower than one will find in 73.9% of American neighborhoods. Demand for real estate in Williamsburg Brg / Mangin St 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.

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 New York, the Williamsburg Brg / Mangin St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Williamsburg Brg / Mangin St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,104 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods. Williamsburg Brg / Mangin St is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Williamsburg Brg / Mangin St is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Williamsburg Brg / Mangin St neighborhood, is that an incredible 96.0% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

Furthermore, the real estate in the Williamsburg Brg / Mangin St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 99.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.8% of American neighborhoods.

Also of note, the Williamsburg Brg / Mangin St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

People

Of note is NeighborhoodScout's research finding that the Williamsburg Brg / Mangin St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Williamsburg Brg / Mangin St community truly stands out from the rest in this regard.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Williamsburg Brg / Mangin St neighborhood: a neighborhood in which more "urban sophisticates" live than 96.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students.

Also, the rate of college educated adults in the Williamsburg Brg / Mangin St neighborhood is a unique characteristic of the neighborhood. 73.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.1% of all U.S. neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 10.6% of residents in the Williamsburg Brg / Mangin St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, if you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.1% of the Williamsburg Brg / Mangin St neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.0% of America's neighborhoods.

Finally, more people ride the bus in this neighborhood each day to get to work than 98.7% of U.S. neighborhoods.

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 Williamsburg Brg / Mangin St neighborhood has a highly unusual pattern of car ownership. 38.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.

Occupations

The Williamsburg Brg / Mangin St neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.8% of the neighborhoods in America. In fact, 73.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Williamsburg Brg / Mangin St neighborhood has more Austrian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.4% of this neighborhood's residents have Austrian ancestry and 3.1% have Eastern European ancestry.

Williamsburg Brg / Mangin St is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.

The Neighbors

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 Williamsburg Brg / Mangin St neighborhood in New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Williamsburg Brg / Mangin St neighborhood, 73.6% 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 16.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.6%), and 4.7% in government jobs, whether they are in local, state, or federal positions.

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 Williamsburg Brg / Mangin St neighborhood is English, spoken by 80.7% of households. Other important languages spoken here include Spanish and Chinese.

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 Williamsburg Brg / Mangin St neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Polish (12.8%). There are also a number of people of Asian ancestry (9.7%), and residents who report German roots (9.0%), and some of the residents are also of Italian ancestry (6.2%), along with some Russian ancestry residents (5.6%), among others. In addition, 11.8% 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 Williamsburg Brg / Mangin St neighborhood spend between 30 and 45 minutes commuting one-way to work (39.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (19.7%) ride the bus to get to work. In addition, quite a number also take the train to get to work (19.0%) and 11.7% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Williamsburg Brg / Mangin St neighborhood of New York by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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