Wallabout St / Wythe Ave median real estate price is $1,413,714, which is more expensive than 85.8% of the neighborhoods in New York and 95.3% of the neighborhoods in the U.S.
The average rental price in Wallabout St / Wythe Ave is currently $2,793, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.2% of New York neighborhoods.
Wallabout St / Wythe Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Wallabout St / Wythe Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more 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 Wallabout St / Wythe Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
In Wallabout St / Wythe Ave, the current vacancy rate is 2.6%, which is a lower rate of vacancies than 80.7% of all neighborhoods in the U.S. This means that the housing supply in Wallabout St / Wythe Ave is very tight compared to the demand for property here.
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 Wallabout St / Wythe Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the Wallabout St / Wythe Ave neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 55.5% of residents here. This is a higher proportion of walking commuters than we found in 99.9% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.7% of residents in the Wallabout St / Wythe Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive 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 Wallabout St / Wythe Ave neighborhood has a highly unusual pattern of car ownership. 58.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.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 66,569 people per square mile, it is more densely populated than 99.1% 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 Wallabout St / Wythe Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
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 Wallabout St / Wythe Ave 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, 34.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.0% of America's neighborhoods.
The Wallabout St / Wythe Ave neighborhood is unique for having just 5.8% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.9% of America's neighborhoods.
In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.9% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Wallabout St / Wythe Ave neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Also, the Wallabout St / Wythe Ave neighborhood stands out within New York for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.4% of college-friendly places to live in NY.
Did you know that the Wallabout St / Wythe Ave neighborhood has more Hungarian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.1% of this neighborhood's residents have Hungarian ancestry and 8.7% have Eastern European ancestry.
Wallabout St / Wythe Ave is also pretty special linguistically. Significantly, 82.4% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Wallabout St / Wythe Ave neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.0% of U.S. neighborhoods. With 50.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.3% 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 Wallabout St / Wythe Ave neighborhood, 50.4% 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 21.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.5%), and 8.8% in manufacturing and laborer occupations.
Languages
The most common language spoken in the Wallabout St / Wythe Ave neighborhood is German/Yiddish, spoken by 82.4% of households. Some people also speak English (11.9%).
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 Wallabout St / Wythe Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Hungarian (35.1%). There are also a number of people of Eastern European ancestry (8.7%), and residents who report Polish roots (3.4%), and some of the residents are also of German ancestry (1.7%), along with some Romanian ancestry residents (1.3%), among others.
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 Wallabout St / Wythe Ave neighborhood spend under 15 minutes commuting one-way to work (56.2% of working residents), one of the shortest commutes across America.
Here most residents (55.5%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.7%) and 8.3% of residents also carpool with coworkers, friends, or neighbors for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
