Bedford-Stuyvesant median real estate price is $2,067,782, which is more expensive than 93.8% of the neighborhoods in New York and 98.1% of the neighborhoods in the U.S.
The average rental price in Bedford-Stuyvesant is currently $3,515, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.2% of New York neighborhoods.
Bedford-Stuyvesant is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bedford-Stuyvesant 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 Bedford-Stuyvesant 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 1970 and 1999.
Bedford-Stuyvesant has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 75.6% 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.
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 Bedford-Stuyvesant neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Bedford-Stuyvesant neighborhood have a highly unusual car ownership. 64.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.
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 69,516 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 Bedford-Stuyvesant neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bedford-Stuyvesant neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 34.7% of the real estate here is made up of such dwellings, which is higher than 96.1% of all U.S. neighborhoods.
Furthermore, 85.5% of the real estate in the Bedford-Stuyvesant neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 37.2% of the Bedford-Stuyvesant neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.9% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work (13.5% ride the bus) than 97.1% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
With more than 1.9% of residents living with a same sex partner, Bedford-Stuyvesant is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.7% of U.S. neighborhoods.
The government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Bedford-Stuyvesant neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 13.4% of its workforce, this neighborhood has a greater concentration of government workers than 95.9% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Bedford-Stuyvesant 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 Bedford-Stuyvesant neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.6% 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 95.2% of all neighborhoods in America.
Did you know that the Bedford-Stuyvesant neighborhood has more Puerto Rican and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.5% of this neighborhood's residents have Puerto Rican ancestry and 6.5% have African ancestry.
Bedford-Stuyvesant is also pretty special linguistically. Significantly, 5.4% 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 97.6% 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 Bedford-Stuyvesant 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 71.2% of U.S. neighborhoods. With 47.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.4% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Bedford-Stuyvesant neighborhood, 39.4% 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 34.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.1%), and 13.4% in government jobs, whether they are in local, state, or federal positions.
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 Bedford-Stuyvesant neighborhood is English, spoken by 80.6% of households. Other important languages spoken here include Spanish and French.
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 Bedford-Stuyvesant neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (12.5%). There are also a number of people of Sub-Saharan African ancestry (6.5%), and residents who report African roots (6.5%), and some of the residents are also of Dominican ancestry (4.0%), along with some French ancestry residents (3.6%), among others. In addition, 20.1% of the residents of this neighborhood were born in another country.
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 Bedford-Stuyvesant neighborhood spend between 45 minutes and one hour commuting one-way to work (53.5% of working residents), longer and tougher than most commutes in America.
Here most residents (37.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.2%) and 13.5% 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.