E 95th St / Ave B median real estate price is $905,209, which is more expensive than 68.8% of the neighborhoods in New York and 88.2% of the neighborhoods in the U.S.
The average rental price in E 95th St / Ave B is currently $3,032, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.6% of New York neighborhoods.
E 95th St / Ave B is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 95th St / Ave B real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the E 95th St / Ave B neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
E 95th St / Ave B has a 10.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.3% 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 95th St / Ave B 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 95th St / Ave B 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 95th St / Ave B community truly stands out from the rest in this regard.
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 95th St / Ave B 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, 71.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.8% of America's neighborhoods.
In addition, the E 95th St / Ave B neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,131 persons per square mile in the neighborhood, it is more packed with people than 98.3% 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 95th St / Ave B neighborhood is among the top 5% of American neighborhoods in terms of walkability.
More people ride the bus in this neighborhood each day to get to work than 98.8% of U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 30.6% of the E 95th St / Ave B neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.4% of America's neighborhoods.
The E 95th St / Ave B neighborhood has a greater proportion of government workers living in it than 98.0% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
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 95th St / Ave B neighborhood have a highly unusual car ownership. 34.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.
Did you know that the E 95th St / Ave B neighborhood has more West Indian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.7% of this neighborhood's residents have West Indian ancestry and 25.9% have Jamaican ancestry.
E 95th St / Ave B is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.8% 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. What is interesting to note, is that the E 95th St / Ave B neighborhood has a greater percentage of residents born in another country (51.6%) than are found in 97.8% 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 E 95th St / Ave B 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 55.5% 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.
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 95th St / Ave B neighborhood, 35.3% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.3%), and 20.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the E 95th St / Ave B neighborhood is English, spoken by 94.0% of households. Some people also speak French (2.6%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the E 95th St / Ave B neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (25.9%). There are also a number of people of Haitian ancestry (5.3%), and residents who report Sub-Saharan African roots (4.1%), and some of the residents are also of Dominican ancestry (2.3%), along with some African ancestry residents (1.8%), among others. In addition, 51.6% 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 95th St / Ave B neighborhood spend between 45 minutes and one hour commuting one-way to work (38.4% of working residents), longer and tougher than most commutes in America.
Here most residents (30.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.6%) and 19.5% 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.