Troutman St / Knickerbocker Ave median real estate price is $1,395,322, which is more expensive than 86.5% of the neighborhoods in New York and 95.9% of the neighborhoods in the U.S.
The average rental price in Troutman St / Knickerbocker Ave is currently $4,985, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.4% of the neighborhoods in New York.
Troutman St / Knickerbocker Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Troutman 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 Troutman 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.
In Troutman St / Knickerbocker Ave, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 90.8% of all neighborhoods in the U.S. This means that the housing supply in Troutman St / Knickerbocker Ave 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 Troutman St / Knickerbocker Ave neighborhood has a highly unusual pattern of car ownership. 74.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.7% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 49.9% of the Troutman St / Knickerbocker Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.6% of America'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 85,946 people per square mile, it is more densely populated than 99.5% 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 Troutman St / Knickerbocker Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 90.5% of the real estate in the Troutman St / Knickerbocker Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the real estate in the Troutman St / Knickerbocker Ave 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, 72.2% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.4% of American neighborhoods.
Did you know that the Troutman St / Knickerbocker Ave neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.8% of this neighborhood's residents have South American ancestry and 6.8% have Dominican 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 Troutman St / Knickerbocker Ave 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 65.4% of the neighborhoods in America. With 15.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.8% 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 Troutman St / Knickerbocker Ave neighborhood, 54.9% 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 20.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.3%), and 10.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the Troutman St / Knickerbocker Ave neighborhood is English, spoken by 60.3% of households. Some people also speak Spanish (29.6%).
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 Troutman St / Knickerbocker Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as South American (13.8%). There are also a number of people of Irish ancestry (11.7%), and residents who report Mexican roots (6.8%), and some of the residents are also of Dominican ancestry (6.8%), along with some Italian ancestry residents (6.4%), among others. In addition, 24.7% 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 Troutman St / Knickerbocker Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (36.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (49.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (7.2%) and 5.7% 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.