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Real Estate Prices & Overview

Dyker Heights median real estate price is $1,390,506, which is more expensive than 85.3% of the neighborhoods in New York and 95.5% of the neighborhoods in the U.S.

The average rental price in Dyker Heights is currently $4,044, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 78.1% of the neighborhoods in New York.

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

Dyker Heights 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 Dyker Heights 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 7.8% in Dyker Heights. NeighborhoodScout analysis shows that this rate is lower than 47.6% 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

The Dyker Heights neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 46,899 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Dyker Heights neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 Dyker Heights neighborhood could be your paradise. With 35.6% 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 2.4% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 63.2% of the residential real estate in the Dyker Heights neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.7% of residents in the Dyker Heights neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.7% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.5% of the Dyker Heights neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.2% of America's neighborhoods.

Finally, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Dyker Heights neighborhood buck this trend. 25.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.

Diversity

Did you know that the Dyker Heights neighborhood has more Arab and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.5% of this neighborhood's residents have Arab ancestry and 42.7% have Asian ancestry.

Dyker Heights is also pretty special linguistically. Significantly, 4.2% 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 99.9% of the neighborhoods in America.

Migration / Stability

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. What is interesting to note, is that the Dyker Heights neighborhood has a greater percentage of residents born in another country (42.8%) than are found in 95.1% of all U.S. neighborhoods.

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 Dyker Heights 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 71.7% of the neighborhoods in America. With 22.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.6% of U.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 Dyker Heights neighborhood, 48.2% 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 20.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.0%), and 14.7% 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 Dyker Heights neighborhood is English, spoken by 43.2% of households. Other important languages spoken here include Chinese, Italian, Spanish and Greek.

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 Dyker Heights neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (42.7%). There are also a number of people of Italian ancestry (15.0%), and residents who report Arab roots (8.5%), and some of the residents are also of Irish ancestry (5.2%), along with some South American ancestry residents (4.2%), among others. In addition, 42.8% 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 Dyker Heights neighborhood spend between 45 minutes and one hour commuting one-way to work (38.7% of working residents), longer and tougher than most commutes in America.

Here most residents (28.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (23.3%) and 14.5% 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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