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Real Estate Prices & Overview

William Kelly Park median real estate price is $1,315,655, which is more expensive than 86.9% of the neighborhoods in New York and 95.9% of the neighborhoods in the U.S.

The average rental price in William Kelly Park is currently $2,749, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.6% of New York neighborhoods.

William Kelly Park is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

William Kelly Park 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 occupied by a mixture of owners and renters. Many of the residences in the William Kelly Park 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.

William Kelly Park has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.3% 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

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 William Kelly Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The William Kelly Park neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 41,289 persons per square mile in the neighborhood, it is more packed with people than 98.0% of the nation'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 William Kelly Park 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 William Kelly Park 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, 37.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.7% of America's neighborhoods.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The William Kelly Park neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 61.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.7% of the neighborhoods in the United States.

Modes of Transportation

In the William Kelly Park neighborhood, 35.6% 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 98.5% of the neighborhoods in America.

Also, more people in William Kelly Park choose to walk to work each day (15.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Car Ownership

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 William Kelly Park neighborhood has a highly unusual pattern of car ownership. 42.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.

Diversity

Did you know that the William Kelly Park neighborhood has more Russian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.3% of this neighborhood's residents have Russian ancestry and 6.2% have Arab ancestry.

William Kelly Park is also pretty special linguistically. Significantly, 8.2% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the William Kelly Park neighborhood. What is interesting to note, is that the William Kelly Park neighborhood has a greater percentage of residents born in another country (48.2%) than are found in 97.2% of all U.S. neighborhoods.

The Neighbors

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 William Kelly Park neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.0% of the neighborhoods in America. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.5% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the William Kelly Park neighborhood, 49.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 17.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.1%), and 16.3% 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 William Kelly Park neighborhood is English, spoken by 38.9% of households. Other important languages spoken here include Chinese, Russian, Spanish and Arabic.

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 William Kelly Park neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (21.9%). There are also a number of people of Russian ancestry (7.3%), and residents who report Arab roots (6.2%), and some of the residents are also of Puerto Rican ancestry (4.9%), along with some Italian ancestry residents (2.9%), among others. In addition, 48.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 William Kelly Park neighborhood spend between 45 minutes and one hour commuting one-way to work (39.5% of working residents), longer and tougher than most commutes in America.

Here most residents (35.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (32.9%) and 15.4% of residents also hop out the door and walk to work for their daily commute. 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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