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Real Estate Prices & Overview

Lincoln Pl / Utica Ave median real estate price is $1,451,981, which is more expensive than 90.7% of the neighborhoods in New York and 97.2% of the neighborhoods in the U.S.

The average rental price in Lincoln Pl / Utica Ave is currently $2,732, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.1% of New York neighborhoods.

Lincoln Pl / Utica Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Lincoln Pl / Utica 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 / Utica 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.

Home and apartment vacancy rates are 9.4% in Lincoln Pl / Utica Ave. NeighborhoodScout analysis shows that this rate is lower than 41.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Lincoln Pl / Utica Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Lincoln Pl / Utica Ave neighborhood buck this trend. 91.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 100.0% of U.S. neighborhoods.

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 76,526 people per square mile, it is more densely populated than 99.3% 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 / Utica Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, renter-occupied real estate is dominant in the Lincoln Pl / Utica Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.5%, which is higher than 99.1% 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, the real estate in the Lincoln Pl / Utica Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 80.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.8% of American neighborhoods.

Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Lincoln Pl / Utica Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 68.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.2% of the neighborhoods in the United States.

Modes of Transportation

In the Lincoln Pl / Utica Ave neighborhood, 49.4% 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 99.4% of the neighborhoods in America.

Diversity

Did you know that the Lincoln Pl / Utica Ave neighborhood has more Russian and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.1% of this neighborhood's residents have Russian ancestry and 11.0% have African ancestry.

Lincoln Pl / Utica Ave is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily speak Korean 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. What is interesting to note, is that the Lincoln Pl / Utica Ave neighborhood has a greater percentage of residents born in another country (42.1%) than are found in 95.0% 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 Lincoln Pl / Utica 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 79.6% of U.S. neighborhoods. In addition, 4.0% 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 68.0% 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 / Utica Ave neighborhood, 60.0% 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 20.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.9%), and 8.9% 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 Lincoln Pl / Utica Ave neighborhood is English, spoken by 84.2% of households. Other important languages spoken here include French, Korean and Spanish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Lincoln Pl / Utica Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Russian (11.1%). There are also a number of people of Sub-Saharan African ancestry (11.0%), and residents who report African roots (11.0%), and some of the residents are also of Jamaican ancestry (6.8%), along with some Puerto Rican ancestry residents (3.6%), among others. In addition, 42.1% 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 Lincoln Pl / Utica Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (46.4% of working residents), longer and tougher than most commutes in America.

Here most residents (49.4%) take the train to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.8%) and 8.2% 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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