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Real Estate Prices & Overview

Cortelyou Rd / Brooklyn Ave median real estate price is $720,189, which is more expensive than 55.2% of the neighborhoods in New York and 81.3% of the neighborhoods in the U.S.

The average rental price in Cortelyou Rd / Brooklyn Ave is currently $2,546, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.7% of New York neighborhoods.

Cortelyou Rd / Brooklyn Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Cortelyou Rd / Brooklyn Ave 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 Cortelyou Rd / Brooklyn 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.

Home and apartment vacancy rates are 6.7% in Cortelyou Rd / Brooklyn Ave. NeighborhoodScout analysis shows that this rate is lower than 55.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Cortelyou Rd / Brooklyn Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 46.4% of the Cortelyou Rd / Brooklyn Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.2% of America's neighborhoods.

Real Estate

The Cortelyou Rd / Brooklyn Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,468 persons per square mile in the neighborhood, it is more packed with people than 97.9% 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 Cortelyou Rd / Brooklyn Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you love row houses and attached homes, you will probably really like the Cortelyou Rd / Brooklyn Ave 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, 27.7% of the residential real estate here is classified as row houses and attached homes.

Car Ownership

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 Cortelyou Rd / Brooklyn Ave neighborhood has a highly unusual pattern of car ownership. 38.4% 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.

Diversity

Did you know that the Cortelyou Rd / Brooklyn Ave neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.9% of this neighborhood's residents have Haitian ancestry and 6.5% have Jamaican ancestry.

Cortelyou Rd / Brooklyn Ave is also pretty special linguistically. Significantly, 13.1% 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 Cortelyou Rd / Brooklyn Ave neighborhood. More residents of the Cortelyou Rd / Brooklyn Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.0% 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 Cortelyou Rd / Brooklyn Ave neighborhood has a greater percentage of residents born in another country (58.5%) than are found in 99.1% of all U.S. neighborhoods.

The Neighbors

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 Cortelyou Rd / Brooklyn Ave 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 46.1% of the neighborhoods in America. With 25.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.7% 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 Cortelyou Rd / Brooklyn Ave neighborhood, 35.2% 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 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.7%), and 17.3% 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 Cortelyou Rd / Brooklyn Ave neighborhood is English, spoken by 73.4% of households. Other important languages spoken here include French and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Cortelyou Rd / Brooklyn Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (20.9%). There are also a number of people of Jamaican ancestry (6.5%), and residents who report Sub-Saharan African roots (4.4%), and some of the residents are also of African ancestry (3.0%), along with some Asian ancestry residents (2.1%), among others. In addition, 58.5% of the residents of this neighborhood were born in another country.

Getting to Work

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 Cortelyou Rd / Brooklyn Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (58.5% of working residents), longer and tougher than most commutes in America.

Here most residents (46.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (28.7%) and 7.1% 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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