E 4th St / Caton Ave median real estate price is $1,495,064, which is more expensive than 89.1% of the neighborhoods in New York and 96.7% of the neighborhoods in the U.S.
The average rental price in E 4th St / Caton Ave is currently $4,776, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.6% of the neighborhoods in New York.
E 4th St / Caton Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 4th St / Caton 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 occupied by a mixture of owners and renters. Many of the residences in the E 4th St / Caton 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.
E 4th St / Caton Ave has a 10.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.0% 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.
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 E 4th St / Caton Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Of note is NeighborhoodScout's research finding that the E 4th St / Caton Ave 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 E 4th St / Caton Ave community truly stands out from the rest in this regard.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the E 4th St / Caton Ave neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.4% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the E 4th St / Caton Ave neighborhood.
Also, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 82.1% of the adults living in the E 4th St / Caton Ave neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.2% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
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 66,940 people per square mile, it is more densely populated than 99.1% 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 E 4th St / Caton Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 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 64.4% of the residential real estate in the E 4th St / Caton Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Executives, managers and professionals make up 81.6% of the workforce in the E 4th St / Caton Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
In the E 4th St / Caton Ave neighborhood, 41.5% 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 99.2% of the neighborhoods in America.
Also, a unique way of commuting is simply not to. And in the E 4th St / Caton Ave neighborhood, analysis shows that 36.8% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.0% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
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 E 4th St / Caton Ave neighborhood have a highly unusual car ownership. 39.5% 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.
Did you know that the E 4th St / Caton Ave neighborhood has more Danish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.2% of this neighborhood's residents have Danish ancestry and 3.2% have Eastern European ancestry.
E 4th St / Caton Ave is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 4th St / Caton Ave neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.8% 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 E 4th St / Caton Ave neighborhood, 81.6% 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 10.2% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (8.2%), and 4.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 E 4th St / Caton Ave neighborhood is English, spoken by 70.4% of households. Other important languages spoken here include Spanish and Urdu (the national language of Pakistan).
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 4th St / Caton Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (17.2%). There are also a number of people of Italian ancestry (12.9%), and residents who report Danish roots (9.2%), and some of the residents are also of English ancestry (9.0%), along with some Asian ancestry residents (6.1%), among others. In addition, 16.7% 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 E 4th St / Caton Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (63.6% of working residents), longer and tougher than most commutes in America.
Here most residents (41.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (9.6%) and 6.6% 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.
