E 53rd St / Ave M median real estate price is $822,313, which is more expensive than 61.3% of the neighborhoods in New York and 85.0% of the neighborhoods in the U.S.
The average rental price in E 53rd St / Ave M is currently $3,006, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.2% of New York neighborhoods.
E 53rd St / Ave M is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
E 53rd St / Ave M real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the E 53rd St / Ave M 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.
Real estate vacancies in E 53rd St / Ave M are 5.7%, which is lower than one will find in 60.9% of American neighborhoods. Demand for real estate in E 53rd St / Ave M is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 E 53rd St / Ave M neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The E 53rd St / Ave M 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 E 53rd St / Ave M neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 23.8% 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 99.8% of all neighborhoods in America.
Our research revealed that more commuters here take the bus to work (23.6% ride the bus) than 99.3% 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 E 53rd St / Ave M neighborhood, 22.7% 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 97.7% 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 2.9% of residents in the E 53rd St / Ave M neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the E 53rd St / Ave M neighborhood could be your paradise. With 46.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 1.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
In addition, if you like crowded places, then you will probably enjoy the the E 53rd St / Ave M neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 28,943 people per square mile living here. 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 E 53rd St / Ave M neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 55.1% of the residential real estate in the E 53rd St / Ave M neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
The E 53rd St / Ave M neighborhood has a greater proportion of government workers living in it than 96.3% of the neighborhoods in America, according to NeighborhoodScout's exclusive analysis. This is a unique feature of this neighborhood, and one that shapes its character.
Single parenting is hard. But you don't have to tell the E 53rd St / Ave M neighborhood about it; they already know. 18.2% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.8% 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.
American households most often have a car, and regularly they have two or three. But households in the E 53rd St / Ave M neighborhood buck this trend. 20.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.3% of U.S. neighborhoods.
Did you know that the E 53rd St / Ave M neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.3% of this neighborhood's residents have Haitian ancestry and 8.5% have Jamaican ancestry.
E 53rd St / Ave M is also pretty special linguistically. Significantly, 15.0% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.6% 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 E 53rd St / Ave M 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 68.7% of the neighborhoods in America. In addition, 4.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 65.5% of America'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 E 53rd St / Ave M neighborhood, 37.3% 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 25.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.8%), and 18.7% 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 E 53rd St / Ave M neighborhood is English, spoken by 71.9% of households. Other important languages spoken here include French, Spanish and Urdu (the national language of Pakistan).
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 E 53rd St / Ave M neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (26.3%). There are also a number of people of Jamaican ancestry (8.5%), and residents who report Sub-Saharan African roots (3.7%), and some of the residents are also of African ancestry (2.9%), along with some Puerto Rican ancestry residents (2.9%), among others. In addition, 34.1% 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 E 53rd St / Ave M neighborhood spend between 45 minutes and one hour commuting one-way to work (39.9% of working residents), longer and tougher than most commutes in America.
Here most residents (26.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.6%) and 22.7% of residents also take the train for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
