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Real Estate Prices & Overview

Bedford-Stuyvesant median real estate price is $1,983,671, which is more expensive than 94.8% of the neighborhoods in New York and 98.6% of the neighborhoods in the U.S.

The average rental price in Bedford-Stuyvesant is currently $3,078, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.4% of New York neighborhoods.

Bedford-Stuyvesant is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Bedford-Stuyvesant 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 Bedford-Stuyvesant neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Bedford-Stuyvesant has a 13.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.1% 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

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.

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 Bedford-Stuyvesant neighborhood have a highly unusual car ownership. 63.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.3% 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 69,516 people per square mile, it is more densely populated than 99.1% 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 Bedford-Stuyvesant neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Bedford-Stuyvesant neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 44.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.8% of America's neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.5% of U.S. neighborhoods.

Also, in the Bedford-Stuyvesant neighborhood, 34.4% 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 98.4% of the neighborhoods in America.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.7% of residents in the Bedford-Stuyvesant neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

With more than 1.9% of residents living with a same sex partner, Bedford-Stuyvesant is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.7% of U.S. neighborhoods.

Diversity

Did you know that the Bedford-Stuyvesant neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have Haitian ancestry and 4.7% have Jamaican ancestry.

Bedford-Stuyvesant is also pretty special linguistically. Significantly, 6.2% 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 98.2% of the neighborhoods in America.

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 Bedford-Stuyvesant 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 44.5% of the neighborhoods in America. With 25.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.6% 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 Bedford-Stuyvesant neighborhood, 45.0% 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 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.1%), and 12.1% 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 Bedford-Stuyvesant neighborhood is English, spoken by 83.4% of households. Other important languages spoken here include Spanish and French.

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 Bedford-Stuyvesant neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (7.9%). There are also a number of people of Jamaican ancestry (4.7%), and residents who report Puerto Rican roots (4.5%), and some of the residents are also of French ancestry (3.7%), along with some Dominican ancestry residents (3.1%), among others. In addition, 12.9% 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 Bedford-Stuyvesant neighborhood spend between 45 minutes and one hour commuting one-way to work (44.8% of working residents), longer and tougher than most commutes in America.

Here most residents (34.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.4%) and 19.3% 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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