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Real Estate Prices & Overview

Bushwick Ave / Joy Way median real estate price is $1,079,638, which is more expensive than 77.7% of the neighborhoods in New York and 91.7% of the neighborhoods in the U.S.

The average rental price in Bushwick Ave / Joy Way is currently $3,428, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.5% of the neighborhoods in New York.

Bushwick Ave / Joy Way is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Bushwick Ave / Joy Way real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Bushwick Ave / Joy Way 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 1970 and 1999.

Bushwick Ave / Joy Way has a 11.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.7% 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

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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Bushwick Ave / Joy Way neighborhood buck this trend. 65.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.

Modes of Transportation

In the Bushwick Ave / Joy Way neighborhood, 44.5% 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 99.1% of the neighborhoods in America.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.3% of residents in the Bushwick Ave / Joy Way neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Real Estate

The Bushwick Ave / Joy Way neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 61,316 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 Bushwick Ave / Joy Way neighborhood is one of the most walkable neighborhoods in America.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Bushwick Ave / Joy Way neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 48.6% of the real estate here is made up of such dwellings, which is higher than 98.2% of all U.S. neighborhoods.

Length of Commute

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 Bushwick Ave / Joy Way neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.2% 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 98.3% of all neighborhoods in America.

Diversity

Did you know that the Bushwick Ave / Joy Way neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.1% of this neighborhood's residents have Dominican ancestry and 6.4% have Jamaican ancestry.

Bushwick Ave / Joy Way is also pretty special linguistically. Significantly, 0.6% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 95.6% of the neighborhoods in America.

The Neighbors

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 Bushwick Ave / Joy Way neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.1% of U.S. neighborhoods. With 32.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.7% 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 Bushwick Ave / Joy Way neighborhood, 61.6% 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 14.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 10.1% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Bushwick Ave / Joy Way neighborhood is English, spoken by 59.5% of households. Some people also speak Spanish (31.8%).

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 Bushwick Ave / Joy Way neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (11.1%). There are also a number of people of Jamaican ancestry (6.4%), and residents who report Irish roots (6.1%), and some of the residents are also of Puerto Rican ancestry (5.5%), along with some Asian ancestry residents (3.7%), among others. In addition, 32.4% of the residents of this neighborhood were born in another country.

Getting to Work

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 Bushwick Ave / Joy Way neighborhood spend between 45 minutes and one hour commuting one-way to work (51.4% of working residents), longer and tougher than most commutes in America.

Here most residents (44.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (17.8%) and 7.1% 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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