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Real Estate Prices & Overview

E 43rd St / Ave D median real estate price is $764,897, which is more expensive than 57.7% of the neighborhoods in New York and 82.8% of the neighborhoods in the U.S.

The average rental price in E 43rd St / Ave D is currently $2,431, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of New York neighborhoods.

E 43rd St / Ave D is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 43rd St / Ave D real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the E 43rd St / Ave D 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.

E 43rd St / Ave D has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.6% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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.

People

In a nation where 1 out of every 4 children lives in poverty, the E 43rd St / Ave D neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Real Estate

If you love row houses and attached homes, you will probably really like the E 43rd St / Ave D neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 56.5% of the residential real estate here is classified as row houses and attached homes.

In addition, the E 43rd St / Ave D neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,535 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation'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 E 43rd St / Ave D neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.7% of the residential real estate in the E 43rd St / Ave D neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 33.5% of the E 43rd St / Ave D neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.6% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 98.0% 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 E 43rd St / Ave D 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 E 43rd St / Ave D neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.0% 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 97.3% of all neighborhoods in America.

Diversity

Did you know that the E 43rd St / Ave D neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.7% of this neighborhood's residents have Jamaican ancestry and 13.6% have Haitian ancestry.

E 43rd St / Ave D is also pretty special linguistically. Significantly, 13.5% 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 99.5% 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 E 43rd St / Ave D neighborhood. More residents of the E 43rd St / Ave D neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.8% 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. What is interesting to note, is that the E 43rd St / Ave D neighborhood has a greater percentage of residents born in another country (67.2%) than are found in 99.6% of all U.S. neighborhoods.

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 E 43rd St / Ave D 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 68.5% of U.S. neighborhoods. 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.

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 E 43rd St / Ave D neighborhood, 52.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.8%), and 9.8% in manufacturing and laborer occupations.

Languages

The most common language spoken in the E 43rd St / Ave D neighborhood is English, spoken by 81.5% of households. Some people also speak French (13.5%).

Ethnicity / Ancestry

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 E 43rd St / Ave D neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (23.7%). There are also a number of people of Haitian ancestry (13.6%), and residents who report Sub-Saharan African roots (3.1%), and some of the residents are also of African ancestry (2.7%), along with some Cuban ancestry residents (2.2%), among others. In addition, 67.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 E 43rd St / Ave D neighborhood spend between 45 minutes and one hour commuting one-way to work (44.1% of working residents), longer and tougher than most commutes in America.

Here most residents (33.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.8%) and 16.3% 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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