42nd St / 10th Ave median real estate price is $1,333,320, which is more expensive than 84.1% of the neighborhoods in New York and 94.7% of the neighborhoods in the U.S.
The average rental price in 42nd St / 10th Ave is currently $2,918, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.7% of New York neighborhoods.
42nd St / 10th Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
42nd St / 10th 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the 42nd St / 10th 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 6.3% in 42nd St / 10th Ave. NeighborhoodScout analysis shows that this rate is lower than 55.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 42nd St / 10th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 100,326 people per square mile, it is more densely populated than 99.7% 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 42nd St / 10th Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 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 42nd St / 10th Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 72.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.0% of the neighborhoods in the United States.
In the 42nd St / 10th 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 37.7% of residents here. This is a higher proportion of walking commuters than we found in 99.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.9% of the 42nd St / 10th Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.3% of America's neighborhoods.
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 42nd St / 10th Ave neighborhood have a highly unusual car ownership. 53.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.
Did you know that the 42nd St / 10th Ave neighborhood has more West Indian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.1% of this neighborhood's residents have West Indian ancestry and 2.5% have Hungarian ancestry.
42nd St / 10th Ave is also pretty special linguistically. Significantly, 14.5% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.7% 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. What is interesting to note, is that the 42nd St / 10th Ave neighborhood has a greater percentage of residents born in another country (46.0%) than are found in 96.2% of all U.S. neighborhoods.
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 42nd St / 10th Ave neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.2% of U.S. neighborhoods. With 28.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.7% 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 42nd St / 10th Ave neighborhood, 30.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.5%), and 18.1% 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 42nd St / 10th Ave neighborhood is Spanish, spoken by 34.7% of households. Other important languages spoken here include English, German/Yiddish, Chinese and Russian.
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 42nd St / 10th Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (23.5%). There are also a number of people of Mexican ancestry (21.7%), and residents who report Polish roots (4.6%), and some of the residents are also of South American ancestry (4.0%), along with some Russian ancestry residents (3.7%), among others. In addition, 46.0% 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 42nd St / 10th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (34.4% of working residents), longer and tougher than most commutes in America.
Here most residents (37.7%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (28.9%) and 15.3% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.