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Real Estate Prices & Overview

Glenmore Ave / Elton St median real estate price is $984,916, which is more expensive than 73.6% of the neighborhoods in New York and 90.4% of the neighborhoods in the U.S.

The average rental price in Glenmore Ave / Elton St is currently $3,283, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 43.7% of New York neighborhoods.

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

Glenmore Ave / Elton St 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 Glenmore Ave / Elton St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.9% in Glenmore Ave / Elton St. NeighborhoodScout analysis shows that this rate is lower than 43.5% 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 Glenmore Ave / Elton St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Glenmore Ave / Elton St 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, 68.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, the Glenmore Ave / Elton St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 56,613 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Glenmore Ave / Elton St neighborhood buck this trend. 59.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 42.6% of the Glenmore Ave / Elton St neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.0% of America's neighborhoods.

Also, our research shows that more people carpool to work here in the Glenmore Ave / Elton St (23.3%) than in 96.0% of the neighborhoods in America.

People

NeighborhoodScout's exclusive research revealed that 93.7% of the adult residents in the Glenmore Ave / Elton St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.

Diversity

Did you know that the Glenmore Ave / Elton St neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.5% of this neighborhood's residents have Dominican ancestry and 18.6% have Jamaican ancestry.

Migration / Stability

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 Glenmore Ave / Elton St neighborhood has a greater percentage of residents born in another country (45.2%) than are found in 96.2% 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 Glenmore Ave / Elton St 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 79.0% of U.S. neighborhoods. With 13.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.8% 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 Glenmore Ave / Elton St neighborhood, 30.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.8%), and 18.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Glenmore Ave / Elton St neighborhood is English, spoken by 54.5% of households. Some people also speak Spanish (29.6%).

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 Glenmore Ave / Elton St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (25.5%). There are also a number of people of Jamaican ancestry (18.6%), and residents who report Asian roots (9.2%), and some of the residents are also of Puerto Rican ancestry (7.9%), along with some Italian ancestry residents (3.2%), among others. In addition, 45.2% 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 Glenmore Ave / Elton St neighborhood spend between 45 minutes and one hour commuting one-way to work (40.7% of working residents), longer and tougher than most commutes in America.

Here most residents (42.6%) take the train to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.3%) and 14.7% of residents also drive alone in a private automobile 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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