Scholes St / Waterbury St median real estate price is $1,047,202, which is more expensive than 71.5% of the neighborhoods in New York and 89.4% of the neighborhoods in the U.S.
The average rental price in Scholes St / Waterbury St is currently $6,184, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 94.5% of the neighborhoods in New York.
Scholes St / Waterbury St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Scholes St / Waterbury St 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 Scholes St / Waterbury St 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 1970 and 1999.
In Scholes St / Waterbury St, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in Scholes St / Waterbury St is very tight compared to the demand for property here.
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.
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 Scholes St / Waterbury St neighborhood has a highly unusual pattern of car ownership. 71.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.6% of U.S. neighborhoods.
In the Scholes St / Waterbury St neighborhood, 43.5% 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 99.3% of the neighborhoods in America.
Also, a unique way of commuting is simply not to. And in the Scholes St / Waterbury St neighborhood, analysis shows that 40.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Finally, 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 Scholes St / Waterbury St neighborhood is a fantastic option for bicycle commuters, as 4.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.8% of the neighborhoods in America.
Renter-occupied real estate is dominant in the Scholes St / Waterbury St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 89.4%, which is higher than 96.6% 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.
In addition, one of the really unique and interesting things about the look and setting of the Scholes St / Waterbury St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 74.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.8% of all neighborhoods in America.
The Scholes St / Waterbury St neighborhood has a greater percentage of children living in poverty (57.9%) than found in 96.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, with more than 1.7% of residents living with a same sex partner, Scholes St / Waterbury St 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 95.5% of U.S. neighborhoods.
Also, the rate of college educated adults in the Scholes St / Waterbury St neighborhood is a unique characteristic of the neighborhood. 74.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.7% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 95.3% of all U.S. neighborhoods.
Did you know that the Scholes St / Waterbury St neighborhood has more Brazilian and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Brazilian ancestry and 6.6% have Scottish ancestry.
Scholes St / Waterbury St is also pretty special linguistically. Significantly, 1.2% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 97.9% 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 Scholes St / Waterbury St neighborhood in Brooklyn are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.0% of the neighborhoods in America. With 57.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.5% 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 Scholes St / Waterbury St neighborhood, 62.7% 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 19.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.7%), and 7.8% 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 Scholes St / Waterbury St neighborhood is English, spoken by 70.2% of households. Other important languages spoken here include Spanish, Chinese and Tagalog (the first language of the Philippine region).
Ethnicity / Ancestry
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 Scholes St / Waterbury St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as German (15.3%). There are also a number of people of Mexican ancestry (10.6%), and residents who report Italian roots (9.3%), and some of the residents are also of Asian ancestry (8.7%), along with some Scottish ancestry residents (6.6%), 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 Scholes St / Waterbury St neighborhood spend between 30 and 45 minutes commuting one-way to work (40.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (43.5%) take the train to get to work. 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.
