Williamsburg Brg / F D R Dr median real estate price is $1,343,676, which is more expensive than 84.1% of the neighborhoods in New York and 94.8% of the neighborhoods in the U.S.
The average rental price in Williamsburg Brg / F D R Dr is currently $2,078, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.1% of New York neighborhoods.
Williamsburg Brg / F D R Dr is a densely urban neighborhood (based on population density) located in New York, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Williamsburg Brg / F D R Dr 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 Williamsburg Brg / F D R Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Williamsburg Brg / F D R Dr, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Williamsburg Brg / F D R Dr 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 New York, the Williamsburg Brg / F D R Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 81,714 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Williamsburg Brg / F D R Dr neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Williamsburg Brg / F D R Dr is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, renter-occupied real estate is dominant in the Williamsburg Brg / F D R Dr neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.1%, which is higher than 99.0% 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. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Williamsburg Brg / F D R Dr neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, the real estate in the Williamsburg Brg / F D R Dr 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, 99.0% 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.
Also of note, the Williamsburg Brg / F D R Dr 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 85.3% 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.
Our research revealed that more commuters here take the bus to work (36.8% ride the bus) than 99.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, in the Williamsburg Brg / F D R Dr neighborhood, 27.6% 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 98.2% of the neighborhoods in America.
Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.9% of residents in the Williamsburg Brg / F D R Dr neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.2% 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 Williamsburg Brg / F D R Dr neighborhood has a highly unusual pattern of car ownership. 77.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
One of the unique characteristics of the Williamsburg Brg / F D R Dr neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.0% of the neighborhoods in America. The Williamsburg Brg / F D R Dr neighborhood also has a greater percentage of children living in poverty (56.9%) than found in 96.3% 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.
Did you know that the Williamsburg Brg / F D R Dr neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.4% of this neighborhood's residents have Puerto Rican ancestry and 21.7% have Dominican ancestry.
Williamsburg Brg / F D R Dr is also pretty special linguistically. Significantly, 14.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.
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 Williamsburg Brg / F D R Dr neighborhood in New York are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. With 56.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.3% 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 Williamsburg Brg / F D R Dr neighborhood, 36.3% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 25.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.3%), and 16.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Williamsburg Brg / F D R Dr neighborhood is Spanish, spoken by 45.3% of households. Other important languages spoken here include English and Chinese.
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 Williamsburg Brg / F D R Dr neighborhood in New York, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (29.4%). There are also a number of people of Dominican ancestry (21.7%), and residents who report Asian roots (19.1%), and some of the residents are also of Sub-Saharan African ancestry (4.1%). In addition, 31.2% 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 Williamsburg Brg / F D R Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (35.8% of working residents), longer and tougher than most commutes in America.
Here most residents (36.8%) ride the bus to get to work. In addition, quite a number also take the train to get to work (27.6%) and 13.9% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the Williamsburg Brg / F D R Dr neighborhood of New York by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.
