Prospect Heights South median real estate price is $1,729,955, which is more expensive than 91.1% of the neighborhoods in New York and 97.6% of the neighborhoods in the U.S.
The average rental price in Prospect Heights South is currently $2,850, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.0% of New York neighborhoods.
Prospect Heights South is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Prospect Heights South 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 Prospect Heights South 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 9.1% in Prospect Heights South. NeighborhoodScout analysis shows that this rate is lower than 40.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
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 94,697 people per square mile, it is more densely populated than 99.6% of America's neighborhoods. 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 Prospect Heights South neighborhood is one of the most walkable neighborhoods in America.
In addition, the real estate in the Prospect Heights South 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, 98.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.8% of American 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 66.1% of the residential real estate in the Prospect Heights South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
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 Prospect Heights South neighborhood has a highly unusual pattern of car ownership. 66.5% 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.
In the Prospect Heights South neighborhood, 44.0% 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 99.2% 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 Prospect Heights South neighborhood is a fantastic option for bicycle commuters, as 5.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.4% of the neighborhoods in America.
Executives, managers and professionals make up 79.5% of the workforce in the Prospect Heights South neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.8% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Prospect Heights South neighborhood: a neighborhood in which more "urban sophisticates" live than 97.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
In addition, with more than 1.9% of residents living with a same sex partner, Prospect Heights South is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.6% of U.S. neighborhoods.
Did you know that the Prospect Heights South neighborhood has more Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Haitian ancestry.
Prospect Heights South is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 96.3% 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 Prospect Heights South neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.8% of the neighborhoods in America. With 12.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.4% 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 Prospect Heights South neighborhood, 79.5% 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 9.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.5%), and 5.4% 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 Prospect Heights South neighborhood is English, spoken by 82.2% of households. Other important languages spoken here include Spanish and French.
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 Prospect Heights South neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Irish (18.2%). There are also a number of people of German ancestry (14.4%), and residents who report Asian roots (8.2%), and some of the residents are also of English ancestry (7.0%), along with some Italian ancestry residents (5.2%), among others. In addition, 24.0% 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 Prospect Heights South neighborhood spend between 45 minutes and one hour commuting one-way to work (39.3% of working residents), longer and tougher than most commutes in America.
Here most residents (44.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (10.6%) and 8.0% of residents also hop out the door and walk to work for their daily commute. 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.
