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Real Estate Prices & Overview

W 11th St / Avenue W median real estate price is $1,898,791, which is more expensive than 91.0% of the neighborhoods in New York and 97.3% of the neighborhoods in the U.S.

The average rental price in W 11th St / Avenue W is currently $2,218, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.9% of New York neighborhoods.

W 11th St / Avenue W is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

W 11th St / Avenue W 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 W 11th St / Avenue W neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

W 11th St / Avenue W has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

In the W 11th St / Avenue W neighborhood, 70.9% 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 100.0% of the neighborhoods in America.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The W 11th St / Avenue W neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the W 11th St / Avenue W neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 17.5% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.2% of all neighborhoods in America.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the W 11th St / Avenue W neighborhood, is that an incredible 84.7% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

In addition, 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 65,263 people per square mile, it is more densely populated than 99.0% of America's neighborhoods.

Furthermore, the real estate in the W 11th St / Avenue W 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, 87.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.8% of American neighborhoods.

Also of note, 93.1% of the real estate in the W 11th St / Avenue W neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Car Ownership

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 W 11th St / Avenue W neighborhood have a highly unusual car ownership. 55.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.

People

One of the unique characteristics of the W 11th St / Avenue W neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.8% of the neighborhoods in America. The W 11th St / Avenue W neighborhood also has a greater percentage of children living in poverty (53.5%) than found in 95.3% 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.

In addition, single parenting is hard. But you don't have to tell the W 11th St / Avenue W neighborhood about it; they already know. 19.5% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.8% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the W 11th St / Avenue W neighborhood has more Jamaican and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Jamaican ancestry and 15.0% have Sub-Saharan African ancestry.

W 11th St / Avenue W is also pretty special linguistically. Significantly, 13.6% 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 98.5% of the neighborhoods in America.

The Neighbors

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 W 11th St / Avenue W 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 98.8% of U.S. neighborhoods. With 53.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.3% 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 W 11th St / Avenue W neighborhood, 30.8% 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 27.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (27.4%), and 14.3% 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 W 11th St / Avenue W neighborhood is English, spoken by 68.8% of households. Other important languages spoken here include Chinese, Spanish and French.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the W 11th St / Avenue W neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (18.8%). There are also a number of people of Sub-Saharan African ancestry (15.0%), and residents who report Puerto Rican roots (11.1%), and some of the residents are also of South American ancestry (7.2%), along with some Jamaican ancestry residents (5.5%), among others. In addition, 26.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 W 11th St / Avenue W neighborhood spend between 45 minutes and one hour commuting one-way to work (54.6% of working residents), longer and tougher than most commutes in America.

Here most residents (70.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (6.4%) . 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.


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