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Real Estate Prices & Overview

Maria Hernandez Park median real estate price is $1,166,105, which is more expensive than 83.0% of the neighborhoods in New York and 94.4% of the neighborhoods in the U.S.

The average rental price in Maria Hernandez Park is currently $3,637, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.2% of the neighborhoods in New York.

Maria Hernandez Park is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Maria Hernandez Park 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 Maria Hernandez Park 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 Maria Hernandez Park, the current vacancy rate is 1.8%, which is a lower rate of vacancies than 87.6% of all neighborhoods in the U.S. This means that the housing supply in Maria Hernandez Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Brooklyn, the Maria Hernandez Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Maria Hernandez Park neighborhood have a highly unusual car ownership. 87.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% 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 63.6% of the Maria Hernandez Park neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Maria Hernandez Park neighborhood is a fantastic option for bicycle commuters, as 4.2% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.5% of the neighborhoods in America.

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 85,586 people per square mile, it is more densely populated than 99.4% of America'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 Maria Hernandez Park neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, renter-occupied real estate is dominant in the Maria Hernandez Park neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 95.4%, which is higher than 98.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, one of the really unique and interesting things about the look and setting of the Maria Hernandez Park neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.1% 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 97.7% of all neighborhoods in America.

Also of note, 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 55.8% of the residential real estate in the Maria Hernandez Park neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

Of note, 53.4% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Diversity

Did you know that the Maria Hernandez Park neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.9% of this neighborhood's residents have Dominican ancestry and 16.7% have Puerto Rican ancestry.

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 Maria Hernandez Park 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 44.4% of the neighborhoods in America. With 53.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.2% 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 Maria Hernandez Park neighborhood, 39.6% 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 26.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.6%), and 15.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Maria Hernandez Park neighborhood is Spanish, spoken by 52.7% of households. Some people also speak English (39.7%).

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 Maria Hernandez Park neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Mexican (18.1%). There are also a number of people of Puerto Rican ancestry (16.7%), and residents who report Dominican roots (10.9%), and some of the residents are also of South American ancestry (6.1%), along with some Asian ancestry residents (5.4%), among others. In addition, 34.6% 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 Maria Hernandez Park neighborhood spend between 45 minutes and one hour commuting one-way to work (56.0% of working residents), longer and tougher than most commutes in America.

Here most residents (63.6%) 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 (9.5%) . 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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