Greenpoint Northwest median real estate price is $1,741,640, which is more expensive than 92.3% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Greenpoint Northwest is currently $4,448, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.7% of the neighborhoods in New York.
Greenpoint Northwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Greenpoint Northwest 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 Greenpoint Northwest neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in Greenpoint Northwest are 4.0%, which is lower than one will find in 71.1% of American neighborhoods. Demand for real estate in Greenpoint Northwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Greenpoint Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like crowded places, then you will probably enjoy the the Greenpoint Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.5% of neighborhoods in the U.S., with 27,180 people per square mile living here. Greenpoint Northwest is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Greenpoint Northwest is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, one of the really unique and interesting things about the look and setting of the Greenpoint Northwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.0% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.6% of all neighborhoods in America.
Furthermore, the Greenpoint Northwest neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, renter-occupied real estate is dominant in the Greenpoint Northwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 98.7%, which is higher than 98.9% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Finally, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Greenpoint Northwest neighborhood. A whopping 84.6% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.8% of the neighborhoods in the U.S. Everything here just feels new. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.
American households most often have a car, and regularly they have two or three. But households in the Greenpoint Northwest neighborhood buck this trend. 75.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 43.2% of the Greenpoint Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
Also, if you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 1.4% of the Greenpoint Northwest neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.2% of America's neighborhoods.
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.2% of residents in the Greenpoint Northwest neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.6% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 52.9%. This is a higher percent living alone than we found in 96.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Did you know that the Greenpoint Northwest neighborhood has more Portuguese and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Portuguese ancestry and 2.7% have Brazilian ancestry.
Greenpoint Northwest is also pretty special linguistically. Significantly, 1.6% 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 98.5% of the neighborhoods in America.
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 Greenpoint Northwest 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 48.7% of the neighborhoods in America. In addition, 1.4% 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 77.1% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Greenpoint Northwest neighborhood, 66.9% 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 20.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 4.5% in government jobs, whether they are in local, state, or federal positions.
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 Greenpoint Northwest neighborhood is English, spoken by 67.5% of households. Other important languages spoken here include Spanish and Polish.
Ethnicity / Ancestry
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 Greenpoint Northwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (10.5%). There are also a number of people of Irish ancestry (8.2%), and residents who report English roots (7.6%), and some of the residents are also of Asian ancestry (6.9%), along with some Dominican ancestry residents (6.1%), among others. In addition, 23.9% 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 Greenpoint Northwest neighborhood spend between 30 and 45 minutes commuting one-way to work (40.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (43.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (9.8%) and 6.5% 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.
