McDonald Ave / Cortelyou Rd median real estate price is $2,044,189, which is more expensive than 92.3% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in McDonald Ave / Cortelyou Rd is currently $3,849, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 74.2% of the neighborhoods in New York.
McDonald Ave / Cortelyou Rd is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
McDonald Ave / Cortelyou Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the McDonald Ave / Cortelyou Rd 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 5.9% in McDonald Ave / Cortelyou Rd. NeighborhoodScout analysis shows that this rate is lower than 59.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
In the McDonald Ave / Cortelyou Rd neighborhood, 51.7% 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 99.6% of the neighborhoods in America.
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 McDonald Ave / Cortelyou Rd neighborhood is a fantastic option for bicycle commuters, as 4.0% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.3% of the neighborhoods in America.
Finally, more people ride the bus in this neighborhood each day to get to work than 95.8% of U.S. neighborhoods.
The McDonald Ave / Cortelyou Rd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 53,102 persons per square mile in the neighborhood, it is more packed with people than 98.6% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the McDonald Ave / Cortelyou Rd neighborhood is one of the most walkable neighborhoods in America.
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 McDonald Ave / Cortelyou Rd 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, 47.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.1% of America's neighborhoods.
Furthermore, 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 56.9% of the residential real estate in the McDonald Ave / Cortelyou Rd neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
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 McDonald Ave / Cortelyou Rd neighborhood has a highly unusual pattern of car ownership. 43.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.3% of U.S. neighborhoods.
Did you know that the McDonald Ave / Cortelyou Rd neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.6% of this neighborhood's residents have Asian ancestry.
McDonald Ave / Cortelyou Rd is also pretty special linguistically. Significantly, 11.6% 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 99.7% of the neighborhoods in America.
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 McDonald Ave / Cortelyou Rd 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 68.3% of U.S. neighborhoods. With 11.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 53.6% 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 McDonald Ave / Cortelyou Rd neighborhood, 35.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 28.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.8%), and 13.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 McDonald Ave / Cortelyou Rd neighborhood is English, spoken by 36.1% of households. Other important languages spoken here include Spanish, Arabic, Urdu (the national language of Pakistan) and Chinese.
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 McDonald Ave / Cortelyou Rd neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (42.6%). There are also a number of people of Mexican ancestry (9.9%), and residents who report Sub-Saharan African roots (8.0%), and some of the residents are also of Puerto Rican ancestry (3.8%), along with some Polish ancestry residents (3.7%), among others. In addition, 40.3% 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 McDonald Ave / Cortelyou Rd neighborhood spend between 45 minutes and one hour commuting one-way to work (39.7% of working residents), longer and tougher than most commutes in America.
Here most residents (51.7%) take the train to get to work. In addition, quite a number also ride the bus to get to work (11.3%) and 8.5% of residents also hop out the door and walk to work 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.
