40th St / 6th Ave median real estate price is $767,584, which is more expensive than 57.9% of the neighborhoods in New York and 80.6% of the neighborhoods in the U.S.
The average rental price in 40th St / 6th Ave is currently $3,767, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.3% of the neighborhoods in New York.
40th St / 6th Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
40th St / 6th Ave 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 renter occupied. Many of the residences in the 40th St / 6th 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 5.8% in 40th St / 6th Ave. NeighborhoodScout analysis shows that this rate is lower than 59.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
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 40th St / 6th Ave neighborhood have a highly unusual car ownership. 68.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.3% of residents in the 40th St / 6th Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, in the 40th St / 6th Ave neighborhood, 37.7% 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.
Finally, more people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.
The 40th St / 6th Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,559 persons per square mile in the neighborhood, it is more packed with people than 98.2% of the nation'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 40th St / 6th Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the 40th St / 6th Ave neighborhood could be your paradise. With 31.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
One of the most interesting things about the 40th St / 6th Ave neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 49.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.2% of the neighborhoods in America.
Did you know that the 40th St / 6th Ave neighborhood has more Lebanese and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lebanese ancestry and 7.1% have Cuban ancestry.
40th St / 6th Ave is also pretty special linguistically. Significantly, 7.7% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the 40th St / 6th Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.7% 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.
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 40th St / 6th Ave 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 59.3% of the neighborhoods in America. With 26.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.2% 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 40th St / 6th Ave neighborhood, 53.2% 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 20.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.4%), and 8.5% in clerical, assistant, and tech support occupations.
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 40th St / 6th Ave neighborhood is English, spoken by 48.2% of households. Other important languages spoken here include Spanish, Polish and Chinese.
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 40th St / 6th Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Mexican (22.5%). There are also a number of people of Asian ancestry (10.0%), and residents who report Italian roots (8.7%), and some of the residents are also of Cuban ancestry (7.1%), along with some Puerto Rican ancestry residents (5.6%), among others. In addition, 39.4% 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 40th St / 6th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (46.1% of working residents), longer and tougher than most commutes in America.
Here most residents (37.7%) take the train to get to work. In addition, quite a number also ride the bus to get to work (16.4%) and 9.1% of residents also carpool with coworkers, friends, or neighbors 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.