Thames St / Knickerbocker Ave median real estate price is $1,299,604, which is more expensive than 84.9% of the neighborhoods in New York and 95.2% of the neighborhoods in the U.S.
The average rental price in Thames St / Knickerbocker Ave is currently $4,310, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.0% of the neighborhoods in New York.
Thames St / Knickerbocker Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Thames St / Knickerbocker 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 Thames St / Knickerbocker Ave 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 6.4% in Thames St / Knickerbocker Ave. NeighborhoodScout analysis shows that this rate is lower than 54.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Thames St / Knickerbocker Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Thames St / Knickerbocker Ave neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.2% of residents in the Thames St / Knickerbocker Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 41.1% of the Thames St / Knickerbocker Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.1% of America's neighborhoods.
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 Thames St / Knickerbocker Ave neighborhood have a highly unusual car ownership. 64.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.
100.0% of the real estate in the Thames St / Knickerbocker Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, 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 Thames St / Knickerbocker Ave neighborhood is one of the most walkable neighborhoods in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Thames St / Knickerbocker Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 86.3% 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 97.6% of all neighborhoods in America.
Also of note, the Thames St / Knickerbocker Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 83.0% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Finally, 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 79.6% of the residential real estate in the Thames St / Knickerbocker Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.6% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Did you know that the Thames St / Knickerbocker Ave neighborhood has more Russian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Russian ancestry and 2.7% have Greek ancestry.
Thames St / Knickerbocker Ave is also pretty special linguistically. Significantly, 6.6% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 95.5% of the neighborhoods in America.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Thames St / Knickerbocker Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.8% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
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 Thames St / Knickerbocker 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 41.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Thames St / Knickerbocker Ave neighborhood, 58.5% 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 27.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.1%), 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 Thames St / Knickerbocker Ave neighborhood is English, spoken by 59.7% of households. Other important languages spoken here include Spanish and Italian.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Thames St / Knickerbocker Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (9.8%). There are also a number of people of German ancestry (9.0%), and residents who report English roots (6.9%), and some of the residents are also of Dominican ancestry (6.6%), along with some Russian ancestry residents (6.5%), among others. In addition, 24.5% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Thames St / Knickerbocker Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (54.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (41.1%) take the train to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (12.1%) and 8.2% of residents also bicycle 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.
