Ocean Pkwy / Ave U median real estate price is $1,090,957, which is more expensive than 67.7% of the neighborhoods in New York and 80.9% of the neighborhoods in the U.S.
The average rental price in Ocean Pkwy / Ave U is currently $3,837, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.5% of the neighborhoods in New York.
Ocean Pkwy / Ave U is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Ocean Pkwy / Ave U real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ocean Pkwy / Ave U neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 7.5% in Ocean Pkwy / Ave U. NeighborhoodScout analysis shows that this rate is lower than 48.3% of the neighborhoods in the nation, approximately near the middle range for vacancies.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If you like crowded places, then you will probably enjoy the the Ocean Pkwy / Ave U neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,486 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Ocean Pkwy / Ave U neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Ocean Pkwy / Ave U neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 43.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.7% of America's neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 70.4% of the residential real estate in the Ocean Pkwy / Ave U neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
More people in Ocean Pkwy / Ave U choose to walk to work each day (25.9%) 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.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 13.5% of the Ocean Pkwy / Ave U neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Ocean Pkwy / Ave U neighborhood has a highly unusual pattern of car ownership. 32.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.
There are more people living in the Ocean Pkwy / Ave U neighborhood employed as sales and service workers (63.2%) 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 Ocean Pkwy / Ave U neighborhood has more Arab and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.7% of this neighborhood's residents have Arab ancestry and 4.5% have Russian ancestry.
Ocean Pkwy / Ave U is also pretty special linguistically. Significantly, 20.9% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 99.9% 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 Ocean Pkwy / Ave U neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.6% of U.S. neighborhoods. With 29.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.8% 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 Ocean Pkwy / Ave U neighborhood, 36.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.4%), and 13.8% in manufacturing and laborer occupations.
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 Ocean Pkwy / Ave U neighborhood is English, spoken by 49.9% of households. Other important languages spoken here include Arabic, Spanish and Tagalog (the first language of the Philippine region).
Ethnicity / Ancestry
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 Ocean Pkwy / Ave U neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Arab (9.7%). There are also a number of people of Asian ancestry (4.7%), and residents who report Russian roots (4.5%), and some of the residents are also of Mexican ancestry (3.0%), along with some Ukrainian ancestry residents (2.1%), among others. In addition, 34.8% 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 Ocean Pkwy / Ave U neighborhood spend between 45 minutes and one hour commuting one-way to work (35.7% of working residents), longer and tougher than most commutes in America.
Here most residents (42.1%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.9%) and 13.5% of residents also take the train 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.
