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Real Estate Prices & Overview

South Side West median real estate price is $1,426,435, which is more expensive than 87.9% of the neighborhoods in New York and 94.4% of the neighborhoods in the U.S.

The average rental price in South Side West is currently $4,488, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.5% of the neighborhoods in New York.

South Side West is a densely urban neighborhood (based on population density) located in Brooklyn, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

South Side West 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 South Side West neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 7.2% in South Side West. NeighborhoodScout analysis shows that this rate is lower than 52.7% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

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 119,606 people per square mile, it is more densely populated than 99.8% of America'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 South Side West neighborhood is one of the most walkable neighborhoods in America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The South Side West neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, South Side West is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, one of the really unique and interesting things about the look and setting of the South Side West neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.6% of all neighborhoods in America.

Furthermore, 86.3% of the real estate in the South Side West neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 5.8% of the South Side West neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Also, more people in South Side West choose to walk to work each day (24.6%) 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.

Finally, in the South Side West neighborhood, 26.5% 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 97.9% of the neighborhoods in America.

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 South Side West neighborhood have a highly unusual car ownership. 64.8% 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.

Diversity

Did you know that the South Side West neighborhood has more Hungarian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 14.0% of this neighborhood's residents have Hungarian ancestry and 4.1% have Eastern European ancestry.

South Side West is also pretty special linguistically. Significantly, 41.5% of its residents five years old and above primarily speak German/Yiddish at home. This is a higher percentage than 99.9% 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 South Side West 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 56.3% of the neighborhoods in America. With 28.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.5% 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 South Side West neighborhood, 63.0% 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 12.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.3%), and 12.0% 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 South Side West neighborhood is English, spoken by 42.1% of households. Other important languages spoken here include German/Yiddish and Spanish.

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 South Side West neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Hungarian (14.0%). There are also a number of people of South American ancestry (5.5%), and residents who report English roots (4.8%), and some of the residents are also of Eastern European ancestry (4.1%), along with some Irish ancestry residents (3.9%), among others. In addition, 11.9% 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 South Side West neighborhood spend between 15 and 30 minutes commuting one-way to work (32.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (26.5%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (24.6%) and 9.8% of residents also drive alone in a private automobile 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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