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Real Estate Prices & Overview

Decatur St / Patchen Ave median real estate price is $1,991,264, which is more expensive than 95.4% of the neighborhoods in New York and 98.8% of the neighborhoods in the U.S.

The average rental price in Decatur St / Patchen Ave is currently $3,673, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.8% of the neighborhoods in New York.

Decatur St / Patchen Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Decatur St / Patchen 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 Decatur St / Patchen 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.

In Decatur St / Patchen Ave, the current vacancy rate is 0.3%, which is a lower rate of vacancies than 93.3% of all neighborhoods in the U.S. This means that the housing supply in Decatur St / Patchen Ave is very tight compared to the demand for property here.

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.

Modes of Transportation

In the Decatur St / Patchen Ave neighborhood, 64.6% 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 99.9% of the neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Decatur St / Patchen Ave neighborhood buck this trend. 56.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.

Real Estate

The Decatur St / Patchen Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,450 persons per square mile in the neighborhood, it is more packed with people than 98.7% 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 Decatur St / Patchen Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, renter-occupied real estate is dominant in the Decatur St / Patchen Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 85.1%, which is higher than 95.4% 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.

Diversity

Did you know that the Decatur St / Patchen Ave neighborhood has more Eastern European and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Eastern European ancestry and 4.5% have Arab ancestry.

Decatur St / Patchen Ave is also pretty special linguistically. Significantly, 4.2% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.

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 Decatur St / Patchen 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 70.6% of U.S. neighborhoods. With 28.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Decatur St / Patchen Ave neighborhood, 45.3% 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 26.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.2%), and 12.8% 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 Decatur St / Patchen Ave neighborhood is English, spoken by 70.5% of households. Other important languages spoken here include Spanish, Arabic, French and African languages.

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 Decatur St / Patchen Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (5.8%). There are also a number of people of Puerto Rican ancestry (4.6%), and residents who report Dominican roots (4.6%), and some of the residents are also of Arab ancestry (4.5%), along with some Asian ancestry residents (4.1%), among others. In addition, 20.9% 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 Decatur St / Patchen Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (51.9% of working residents), longer and tougher than most commutes in America.

Here most residents (64.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (12.1%) and 6.1% 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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