Homecrest North median real estate price is $369,129, which is less expensive than 69.1% of New York neighborhoods and 50.3% of all U.S. neighborhoods.
The average rental price in Homecrest North is currently $1,801, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.1% of New York neighborhoods.
Homecrest North is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Homecrest North 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 Homecrest North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Home and apartment vacancy rates are 6.4% in Homecrest North. NeighborhoodScout analysis shows that this rate is lower than 56.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Homecrest North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really unique and interesting things about the look and setting of the Homecrest North neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 99.3% 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 99.9% of all neighborhoods in America.
In addition, 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 110,711 people per square mile, it is more densely populated than 99.7% of America's neighborhoods.
Furthermore, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Homecrest North neighborhood, is that an incredible 87.4% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
Also of note, the Homecrest North 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 94.9% 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.
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 Homecrest North neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 16.9% of its workforce, this neighborhood has a greater concentration of government workers than 98.1% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.9% of the Homecrest North neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.
Also, more people in Homecrest North choose to walk to work each day (10.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
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 Homecrest North neighborhood have a highly unusual car ownership. 30.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.
The Homecrest North neighborhood stands out for having an average per capita income lower than 96.8% of the neighborhoods in the United States.
Did you know that the Homecrest North neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.9% of this neighborhood's residents have Ukrainian ancestry and 16.6% have Russian ancestry.
Homecrest North is also pretty special linguistically. Significantly, 14.8% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 100.0% 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. More residents of the Homecrest North neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.4% 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 Homecrest North neighborhood has a greater percentage of residents born in another country (73.0%) than are found in 99.8% of all U.S. neighborhoods.
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 Homecrest North neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.8% of U.S. neighborhoods. In addition, 5.6% 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 62.2% 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 Homecrest North neighborhood, 42.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.6%), and 17.8% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Homecrest North neighborhood is English, spoken by 26.2% of households. Some people also speak Russian (14.8%).
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 Homecrest North neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Ukrainian (22.9%). There are also a number of people of Russian ancestry (16.6%), and residents who report Asian roots (2.9%), and some of the residents are also of Armenian ancestry (2.5%), along with some Irish ancestry residents (1.4%), among others. In addition, 73.0% 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 Homecrest North neighborhood spend between 45 minutes and one hour commuting one-way to work (47.1% of working residents), longer and tougher than most commutes in America.
Here most residents (34.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.9%) and 10.5% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
