E 83rd St / Ave M median real estate price is $853,933, which is more expensive than 65.7% of the neighborhoods in New York and 86.7% of the neighborhoods in the U.S.
The average rental price in E 83rd St / Ave M is currently $3,586, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.8% of the neighborhoods in New York.
E 83rd St / Ave M is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 83rd St / Ave M real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 83rd St / Ave M neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in E 83rd St / Ave M. The current real estate vacancy rate here is 23.1%. This is higher than the rate of vacancies in 91.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually 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 83rd St / Ave M neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The E 83rd St / Ave M neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 88.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 100.0% of America's neighborhoods.
In addition, the E 83rd St / Ave M neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 56,898 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 83rd St / Ave M neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. 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 83rd St / Ave M neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.8% 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 98.9% of all neighborhoods in America.
In the E 83rd St / Ave M neighborhood, 27.1% 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 98.2% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.
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 E 83rd St / Ave M neighborhood has a highly unusual pattern of car ownership. 29.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.
Did you know that the E 83rd St / Ave M neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.4% of this neighborhood's residents have Jamaican ancestry and 23.0% have Haitian ancestry.
E 83rd St / Ave M is also pretty special linguistically. Significantly, 19.9% 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 99.7% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the E 83rd St / Ave M neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.5% 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 83rd St / Ave M neighborhood has a greater percentage of residents born in another country (48.7%) than are found in 97.1% of all U.S. neighborhoods.
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 83rd St / Ave M 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 63.1% of U.S. neighborhoods. With 22.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.0% 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 E 83rd St / Ave M neighborhood, 41.2% 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 25.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.1%), and 16.6% 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 E 83rd St / Ave M neighborhood is English, spoken by 70.2% of households. Other important languages spoken here include French and Spanish.
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 83rd St / Ave M neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (31.4%). There are also a number of people of Haitian ancestry (23.0%), and residents who report Sub-Saharan African roots (2.7%), and some of the residents are also of Puerto Rican ancestry (1.3%), along with some Asian ancestry residents (1.2%), among others. In addition, 48.7% 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 83rd St / Ave M neighborhood spend between 30 and 45 minutes commuting one-way to work (38.6% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (15.8%) who commute over an hour in each direction.
Here most residents (33.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (27.1%) and 15.0% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.