Lynch St / Lee Ave median real estate price is $1,425,476, which is more expensive than 87.7% of the neighborhoods in New York and 96.2% of the neighborhoods in the U.S.
The average rental price in Lynch St / Lee Ave is currently $3,893, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.6% of the neighborhoods in New York.
Lynch St / Lee Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Lynch St / Lee Ave 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 Lynch St / Lee Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Real estate vacancies in Lynch St / Lee Ave are 4.3%, which is lower than one will find in 69.0% of American neighborhoods. Demand for real estate in Lynch St / Lee Ave 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 Lynch St / Lee Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people in Lynch St / Lee Ave choose to walk to work each day (88.3%) 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.
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 98,464 people per square mile, it is more densely populated than 99.6% 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 Lynch St / Lee Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, the real estate in the Lynch St / Lee Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 70.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.1% of American neighborhoods.
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 Lynch St / Lee Ave neighborhood have a highly unusual car ownership. 54.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.
Did you know that the Lynch St / Lee Ave neighborhood has more Romanian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.5% of this neighborhood's residents have Romanian ancestry and 10.0% have Hungarian ancestry.
Lynch St / Lee Ave is also pretty special linguistically. Significantly, 89.3% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 100.0% 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 Lynch St / Lee Ave 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 100.0% of U.S. neighborhoods. With 52.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% 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 Lynch St / Lee Ave neighborhood, 54.2% 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 33.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.4%), and 5.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Lynch St / Lee Ave neighborhood is German/Yiddish, spoken by 89.3% of households. Some people also speak English (7.4%).
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 Lynch St / Lee Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Romanian (13.5%). There are also a number of people of Hungarian ancestry (10.0%), and residents who report Polish roots (2.5%), and some of the residents are also of English ancestry (1.9%), along with some Eastern European ancestry residents (1.8%), among others.
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 Lynch St / Lee Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (48.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (88.3%) hop out the door and walk to work to get to work. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.