Menahan St / Central Ave median real estate price is $1,780,972, which is more expensive than 92.2% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Menahan St / Central Ave is currently $2,957, 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
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, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Menahan St / Central Ave neighborhood is a fantastic option for bicycle commuters, as 3.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.0% of the neighborhoods in America.
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, renter-occupied real estate is dominant in the Menahan St / Central Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.3%, which is higher than 95.4% 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.
An extraordinary 13.4% of the residents of the Menahan St / Central Ave neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Menahan St / Central Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.3% of all American neighborhoods.
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.
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 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 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 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.