Williamsburg Southeast median real estate price is $1,442,779, which is more expensive than 86.6% of the neighborhoods in New York and 96.0% of the neighborhoods in the U.S.
The average rental price in Williamsburg Southeast is currently $4,252, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.8% of the neighborhoods in New York.
Williamsburg Southeast is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Williamsburg Southeast 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Williamsburg Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Williamsburg Southeast, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Williamsburg Southeast is very tight compared to the demand for property here.
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.
96.5% of the real estate in the Williamsburg Southeast neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Williamsburg Southeast neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
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 106,251 people per square mile, it is more densely populated than 99.7% of America's neighborhoods.
Furthermore, the real estate in the Williamsburg Southeast 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, 95.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.0% of American neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 77.3% of the Williamsburg Southeast neighborhood's commuters ride the train to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the Williamsburg Southeast neighborhood buck this trend. 56.2% 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.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Williamsburg Southeast neighborhood has more single mother households than 97.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
In addition, one of the unique characteristics of the Williamsburg Southeast neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.1% of the neighborhoods in America.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Williamsburg Southeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.3% 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 96.8% of all neighborhoods in America.
Did you know that the Williamsburg Southeast neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 35.3% of this neighborhood's residents have Puerto Rican ancestry and 13.7% have Dominican ancestry.
Williamsburg Southeast is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 95.8% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Williamsburg Southeast neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Williamsburg Southeast 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 96.1% of U.S. neighborhoods. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 64.4% 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 Williamsburg Southeast neighborhood, 56.6% of the working population is employed in clerical, assistant, and tech support 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 17.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.5%), and 11.1% in executive, management, and professional occupations.
Languages
The most common language spoken in the Williamsburg Southeast neighborhood is Spanish, spoken by 51.6% of households. Some people also speak English (46.1%).
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 Williamsburg Southeast neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (35.3%). There are also a number of people of Dominican ancestry (13.7%), and residents who report Jamaican roots (11.5%), and some of the residents are also of Mexican ancestry (7.6%), along with some South American ancestry residents (1.1%), among others. In addition, 20.2% of the residents of this neighborhood were born in another country.
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 Williamsburg Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (35.5% of working residents), longer and tougher than most commutes in America.
Here most residents (77.3%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.5%) . 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.
