Menahan St / Central Ave median real estate price is $1,748,076, which is more expensive than 92.2% of the neighborhoods in New York and 97.6% of the neighborhoods in the U.S.
The average rental price in Menahan St / Central Ave is currently $2,922, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.6% of New York neighborhoods.
Menahan St / Central Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Menahan St / Central 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 Menahan St / Central Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.
Real estate vacancies in Menahan St / Central Ave are 3.6%, which is lower than one will find in 73.8% of American neighborhoods. Demand for real estate in Menahan St / Central 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 Menahan St / Central Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Menahan St / Central Ave neighborhood, 54.6% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 99.8% of the neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.8% of residents in the Menahan St / Central Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
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 Menahan St / Central Ave neighborhood have a highly unusual car ownership. 66.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
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 65,675 people per square mile, it is more densely populated than 99.0% 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 Menahan St / Central Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 85.3% of the real estate in the Menahan St / Central Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
NeighborhoodScout's analysis shows that the Menahan St / Central Ave neighborhood has a greater concentration of residents currently enrolled in college than 96.7% of the neighborhoods in the U.S. With 13.4% of the population here attending college, this is very much a college-focused neighborhood.
There are more people living in the Menahan St / Central Ave neighborhood employed as sales and service workers (62.9%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Did you know that the Menahan St / Central Ave neighborhood has more Canadian and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.0% of this neighborhood's residents have Canadian ancestry and 30.8% have Puerto Rican ancestry.
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 Menahan St / Central 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 45.7% of the neighborhoods in America. With 25.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Menahan St / Central Ave neighborhood, 41.1% 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 37.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 8.5% in manufacturing and laborer occupations.
The most common language spoken in the Menahan St / Central Ave neighborhood is English, spoken by 70.6% of households. Some people also speak Spanish (27.6%).
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 Menahan St / Central Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (30.8%). There are also a number of people of Canadian ancestry (12.0%), and residents who report Dominican roots (8.2%), and some of the residents are also of Haitian ancestry (5.9%), along with some Asian ancestry residents (5.1%), among others. In addition, 19.8% 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 Menahan St / Central Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (39.1% of working residents), longer and tougher than most commutes in America.
Here most residents (54.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.2%) . 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.