Most Expensive Brooklyn Neighborhoods
Brooklyn is an enormous coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 2,621,793 people and 760 constituent neighborhoods, Brooklyn is the largest community in New York. Much of the housing stock in Brooklyn was built prior to World War II, making it one of the older and more historic boroughs in the country.
Brooklyn home prices are not only among the most expensive in New York, but Brooklyn real estate also consistently ranks among the most expensive in America.
Unlike some boroughs, Brooklyn isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Brooklyn are a mix of both white- and blue-collar jobs. Overall, Brooklyn is a borough of professionals, service providers and sales and office workers. There are especially a lot of people living in Brooklyn who work in office and administrative support (13.18%), sales jobs (9.63%) and management occupations (8.06%).
Of important note, Brooklyn is also a borough of artists. Brooklyn has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Brooklyn’s character.
Also of interest is that Brooklyn has more people living here who work in computers and math than 95% of the places in the US.
Brooklyn is a popular destination for single career-starters. One thing that you will notice when you are out and about town is that there is a large population of people who are young, single, educated, and upwardly-mobile career starters out at restaurants, listening to live music, and enjoying other activities. They are a real visible part of the culture of Brooklyn. This makes Brooklyn a good place to live for young professionals. With so many people in this demographic, Brooklyn presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
One of the nice things about Brooklyn is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Brooklyn is that it can take a long time to commute to work. In Brooklyn, the average commute to work is 40.02 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly borough. Many of Brooklyn’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
One of the benefits of being a big city like Brooklyn is having a public transportation system, but in Brooklyn the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the subway for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the subway Brooklyn benefits from a reduction in air pollution and traffic.
In terms of college education, Brooklyn is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 31.57% of adults in Brooklyn have a college degree.
The per capita income in Brooklyn in 2010 was $25,932, which is middle income relative to New York, and upper middle income relative to the rest of the US. This equates to an annual income of $103,728 for a family of four. However, Brooklyn contains both very wealthy and poor people as well.
Brooklyn is an extremely ethnically-diverse borough. The people who call Brooklyn home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Brooklyn residents report their race to be White, followed by Black or African-American. Brooklyn also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.68% of the borough’s residents. Important ancestries of people in Brooklyn include Italian, Jamaican, Irish, Russian, Haitian and Polish.
In addition, Brooklyn has a lot of people living here who were born outside of the US (37.51%).
The languages spoken by people in Brooklyn are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Brooklyn is English. Other important languages spoken here include Spanish, Chinese, Russian and Yiddish.
|NUMBER OF HOMES AND APARTMENTS||925,371|
|BROOKLYN HOME OWNERSHIP|
|% OWNER OCCUPIED||29.08%|
|% RENTER OCCUPIED||70.92%|
|TYPE OF BROOKLYN HOMES|
|SINGLE FAMILY DETACHED||5.48%|
|ROWHOUSES AND ATTACHED HOMES||8.55%|
|SMALL APARTMENT BUILDINGS||35.34%|
|COMPLEXES OR HIGH RISE APARTMENTS||50.43%|
|SIZE OF BROOKLYN HOMES|
|5 OR MORE BEDROOMS||3.17%|
|AGE OF BROOKLYN HOMES|
|NEWER HOMES (2000 OR LATER)||6.49%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||10.83%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||31.39%|
|HISTORIC (1939 OR BEFORE)||51.30%|
|BROOKLYN REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$594,316|
|MEDIAN RENTAL PRICE||$1,399|
|HOME VALUE RANGE|
|$0 - $53,000||2.53%|
|$53,001 - $107,000||2.11%|
|$107,001 - $213,000||4.23%|
|$213,001 - $320,000||7.07%|
|$320,001 - $427,000||11.59%|
|$427,001 - $533,000||15.17%|
|$533,001 - $800,000||31.75%|
|$800,001 - $1,067,000||13.92%|
|PEOPLE OF BROOKLYN||DETAILS|
|UNDER 5 YEARS||7.37%|
|5 TO 17||16.14%|
|18 TO 24||10.00%|
|25 TO 34||17.53%|
|35 TO 54||26.34%|
|55 TO 64||10.86%|
|65 YEARS AND OVER||11.76%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||78.90%|
|MEDIAN HOUSEHOLD INCOME||$46,958|
|PER CAPITA INCOME||$25,932|
|INDIVIDUALS BELOW POVERTY LEVEL||23.36%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (19.29%)
Professional, scientific, and technical services (8.36%)
Public Service (3.95%)
Information Technology (3.92%)
Real estate (2.65%)
|BLACK OR AFRICAN AMERICAN||33.88%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.36%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.02%|
|SOME OTHER RACE ALONE||8.72%|
|TWO OR MORE RACES||2.23%|
|HISPANIC OR LATINO (OF ANY RACE)||19.68%|
|ETHNICITIES PRESENT||Italian (5.41%)
|LANGUAGES SPOKEN||English (53.62%)
French Creole (3.00%)
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