Sheepshead Bay Northwest median real estate price is $1,059,146, which is more expensive than 79.8% of the neighborhoods in New York and 93.3% of the neighborhoods in the U.S.
The average rental price in Sheepshead Bay Northwest is currently $4,320, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.5% of the neighborhoods in New York.
Sheepshead Bay Northwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Sheepshead Bay Northwest real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sheepshead Bay Northwest 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.
Sheepshead Bay Northwest has a 11.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.8% 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.
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.
Real Estate
If you like crowded places, then you will probably enjoy the the Sheepshead Bay Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,363 people per square mile living here. 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 Sheepshead Bay Northwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Sheepshead Bay Northwest neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 48.8% of the real estate here is made up of such dwellings, which is higher than 98.3% of all U.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 71.6% of the residential real estate in the Sheepshead Bay Northwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
More people in Sheepshead Bay Northwest choose to walk to work each day (28.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.8% of the Sheepshead Bay Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.
Finally, more people ride the bus in this neighborhood each day to get to work than 95.8% of U.S. neighborhoods.
People
One of the really interesting characteristics about the Sheepshead Bay Northwest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.1% of college-friendly places to live in the state of New York.
Car Ownership
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 Sheepshead Bay Northwest neighborhood has a highly unusual pattern of car ownership. 25.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.
Diversity
Did you know that the Sheepshead Bay Northwest neighborhood has more Arab and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.7% of this neighborhood's residents have Arab ancestry and 3.5% have Ukrainian ancestry.
Sheepshead Bay Northwest is also pretty special linguistically. Significantly, 4.8% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.0% 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 Sheepshead Bay Northwest neighborhood in Brooklyn are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.1% of the neighborhoods in America. With 24.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.4% 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 Sheepshead Bay Northwest neighborhood, 45.6% 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.6%), and 8.6% 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 Sheepshead Bay Northwest neighborhood is English, spoken by 70.6% of households. Other important languages spoken here include German/Yiddish, Arabic, Spanish and French.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Sheepshead Bay Northwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Arab (21.7%). There are also a number of people of Mexican ancestry (8.4%), and residents who report Ukrainian roots (3.5%), and some of the residents are also of Puerto Rican ancestry (2.2%), along with some Russian ancestry residents (2.1%), among others. In addition, 20.8% 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 Sheepshead Bay Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (30.5% of working residents), longer and tougher than most commutes in America.
Here most residents (28.0%) hop out the door and walk to work to get to work. In addition, quite a number also take the train to get to work (24.8%) and 18.1% of residents also drive alone in a private automobile for their daily commute. This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.
