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Real Estate Prices & Overview

Farragut Rd / Troy Ave median real estate price is $793,540, which is more expensive than 65.8% of the neighborhoods in New York and 86.6% of the neighborhoods in the U.S.

The average rental price in Farragut Rd / Troy Ave is currently $2,723, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.3% of New York neighborhoods.

Farragut Rd / Troy Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Farragut Rd / Troy Ave 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 Farragut Rd / Troy Ave 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.

Farragut Rd / Troy Ave has a 15.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.2% 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

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.

Real Estate

If you love row houses and attached homes, you will probably really like the Farragut Rd / Troy Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 23.5% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Farragut Rd / Troy Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.4% of neighborhoods in the U.S., with 26,871 people per square mile living here. 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 Farragut Rd / Troy Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.1% of the Farragut Rd / Troy Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.8% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (14.1% ride the bus) than 97.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Farragut Rd / Troy Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Farragut Rd / Troy Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.5% 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.

People

With a nice mix of college students, safety from crime, and decent walkability, the Farragut Rd / Troy Ave neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 88.2% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the Farragut Rd / Troy Ave neighborhood has more African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.2% of this neighborhood's residents have African ancestry and 12.9% have Jamaican ancestry.

Farragut Rd / Troy Ave is also pretty special linguistically. Significantly, 6.7% 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 98.4% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Farragut Rd / Troy Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.6% 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. What is interesting to note, is that the Farragut Rd / Troy Ave neighborhood has a greater percentage of residents born in another country (43.9%) than are found in 95.7% 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 Farragut Rd / Troy Ave 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 69.7% of the neighborhoods in America. With 10.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.8% 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 Farragut Rd / Troy Ave neighborhood, 41.4% 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 28.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.9%), and 14.6% in clerical, assistant, and tech support 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 Farragut Rd / Troy Ave neighborhood is English, spoken by 86.4% of households. Other important languages spoken here include French, Spanish and African languages.

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 Farragut Rd / Troy Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (16.2%). There are also a number of people of African ancestry (16.2%), and residents who report Jamaican roots (12.9%), and some of the residents are also of Haitian ancestry (3.9%), along with some South American ancestry residents (2.0%), among others. In addition, 43.9% 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 Farragut Rd / Troy Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (33.0% of working residents), longer and tougher than most commutes in America.

Here most residents (43.2%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.1%) and 14.1% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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