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Real Estate Prices & Overview

Gravesend Neck Rd / McDonald Ave median real estate price is $1,036,561, which is more expensive than 78.5% of the neighborhoods in New York and 92.7% of the neighborhoods in the U.S.

The average rental price in Gravesend Neck Rd / McDonald Ave is currently $2,983, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.8% of New York neighborhoods.

Gravesend Neck Rd / McDonald Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Gravesend Neck Rd / McDonald Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Gravesend Neck Rd / McDonald Ave 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.

Home and apartment vacancy rates are 7.9% in Gravesend Neck Rd / McDonald Ave. NeighborhoodScout analysis shows that this rate is lower than 48.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

In the Gravesend Neck Rd / McDonald Ave neighborhood, 40.0% 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 98.8% of the neighborhoods in America.

Also, more people in Gravesend Neck Rd / McDonald Ave choose to walk to work each day (12.5%) 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.

Real Estate

The Gravesend Neck Rd / McDonald Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,265 persons per square mile in the neighborhood, it is more packed with people than 97.6% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Gravesend Neck Rd / McDonald Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 Gravesend Neck Rd / McDonald Ave neighborhood could be your paradise. With 31.1% 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 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

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 Gravesend Neck Rd / McDonald Ave neighborhood has a highly unusual pattern of car ownership. 34.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Gravesend Neck Rd / McDonald Ave neighborhood has more Asian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.8% of this neighborhood's residents have Asian ancestry and 3.5% have Russian ancestry.

Gravesend Neck Rd / McDonald Ave is also pretty special linguistically. Significantly, 38.8% 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 99.8% 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 Gravesend Neck Rd / McDonald Ave neighborhood. What is interesting to note, is that the Gravesend Neck Rd / McDonald Ave neighborhood has a greater percentage of residents born in another country (52.0%) than are found in 98.1% 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 Gravesend Neck Rd / McDonald Ave 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 60.4% of the neighborhoods in America. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% of U.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 Gravesend Neck Rd / McDonald Ave neighborhood, 31.4% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.2%), 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 Gravesend Neck Rd / McDonald Ave neighborhood is Chinese, spoken by 38.8% of households. Other important languages spoken here include English, Spanish, Italian and Langs. of India.

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 Gravesend Neck Rd / McDonald Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (55.8%). There are also a number of people of Puerto Rican ancestry (6.0%), and residents who report Italian roots (4.3%), and some of the residents are also of Mexican ancestry (4.3%), along with some Russian ancestry residents (3.5%), among others. In addition, 52.0% 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 Gravesend Neck Rd / McDonald Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (41.1% of working residents), longer and tougher than most commutes in America.

Here most residents (40.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.5%) and 12.5% 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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