Lincoln Pl / Schenectady Ave median real estate price is $1,756,384, which is more expensive than 91.3% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in Lincoln Pl / Schenectady Ave is currently $3,670, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 66.4% of the neighborhoods in New York.
Lincoln Pl / Schenectady Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Lincoln Pl / Schenectady Ave 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 Lincoln Pl / Schenectady 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.
Real estate vacancies in Lincoln Pl / Schenectady Ave are 2.9%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in Lincoln Pl / Schenectady Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Lincoln Pl / Schenectady Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 95,054 people per square mile, it is more densely populated than 99.6% 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 Lincoln Pl / Schenectady Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Lincoln Pl / Schenectady Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.0% 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 99.6% of all neighborhoods in America.
Furthermore, 100.0% of the real estate in the Lincoln Pl / Schenectady Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood 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 77.1% of the residential real estate in the Lincoln Pl / Schenectady Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 43.8% of the Lincoln Pl / Schenectady Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.2% of America's neighborhoods.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Lincoln Pl / Schenectady Ave neighborhood has a highly unusual pattern of car ownership. 52.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.8% of U.S. neighborhoods.
Did you know that the Lincoln Pl / Schenectady Ave neighborhood has more Haitian and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.4% of this neighborhood's residents have Haitian ancestry and 2.2% have Armenian ancestry.
Lincoln Pl / Schenectady Ave is also pretty special linguistically. Significantly, 15.2% 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 99.6% of the neighborhoods in America.
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 Lincoln Pl / Schenectady Ave 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 83.6% of U.S. neighborhoods. In addition, 5.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.8% of America'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 Lincoln Pl / Schenectady Ave neighborhood, 34.9% of the working population is employed in clerical, assistant, and tech support 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 30.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (26.8%), and 7.9% in manufacturing and laborer occupations.
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 Lincoln Pl / Schenectady Ave neighborhood is English, spoken by 68.3% of households. Other important languages spoken here include French and Spanish.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Lincoln Pl / Schenectady Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (25.4%). There are also a number of people of Jamaican ancestry (8.7%), and residents who report Puerto Rican roots (5.2%), and some of the residents are also of Asian ancestry (2.3%), along with some Irish ancestry residents (2.3%), among others. In addition, 39.7% of the residents of this neighborhood were born in another country.
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 Lincoln Pl / Schenectady Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (50.7% of working residents), longer and tougher than most commutes in America.
Here most residents (43.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.9%) and 7.0% 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.