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Real Estate Prices & Overview

Crown Heights Southwest median real estate price is $1,333,222, which is more expensive than 87.8% of the neighborhoods in New York and 96.2% of the neighborhoods in the U.S.

The average rental price in Crown Heights Southwest is currently $2,945, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.2% of New York neighborhoods.

Crown Heights Southwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Crown Heights Southwest 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 Crown Heights Southwest 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.

In Crown Heights Southwest, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Crown Heights Southwest is very tight compared to the demand for property here.

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.

Real Estate

The Crown Heights Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 52,519 persons per square mile in the neighborhood, it is more packed with people than 98.5% 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 Crown Heights Southwest neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 Crown Heights Southwest neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 79.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.6% of the neighborhoods in the United States.

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 Crown Heights Southwest neighborhood have a highly unusual car ownership. 62.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 34.0% of the Crown Heights Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.4% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 96.4% of U.S. neighborhoods.

Diversity

Did you know that the Crown Heights Southwest neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.9% of this neighborhood's residents have Jamaican ancestry and 4.3% have Haitian ancestry.

Crown Heights Southwest is also pretty special linguistically. Significantly, 3.2% 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 95.6% of the neighborhoods in America.

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 Crown Heights Southwest 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 50.5% of the neighborhoods in America. In addition, 4.4% 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 66.7% of America'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 Crown Heights Southwest neighborhood, 58.0% 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 17.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.6%), and 9.9% 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 Crown Heights Southwest neighborhood is English, spoken by 79.7% of households. Other important languages spoken here include 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 Crown Heights Southwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (15.9%). There are also a number of people of Irish ancestry (4.6%), and residents who report Haitian roots (4.3%), and some of the residents are also of German ancestry (3.9%), along with some Puerto Rican ancestry residents (3.4%), among others. In addition, 30.4% 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 Crown Heights Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (57.2% of working residents), longer and tougher than most commutes in America.

Here most residents (34.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (21.4%) and 12.9% of residents also ride the bus 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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