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Real Estate Prices & Overview

Vandalia Ave / Bethel Loop median real estate price is $779,335, which is more expensive than 57.4% of the neighborhoods in New York and 83.1% of the neighborhoods in the U.S.

The average rental price in Vandalia Ave / Bethel Loop is currently $1,641, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.7% of New York neighborhoods.

Vandalia Ave / Bethel Loop is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Vandalia Ave / Bethel Loop 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 Vandalia Ave / Bethel Loop neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Vandalia Ave / Bethel Loop are 3.6%, which is lower than one will find in 75.2% of American neighborhoods. Demand for real estate in Vandalia Ave / Bethel Loop is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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.

Real Estate

One of the really unique and interesting things about the look and setting of the Vandalia Ave / Bethel Loop neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 98.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.7% of all neighborhoods in America.

In addition, 99.5% of the real estate in the Vandalia Ave / Bethel Loop neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the Vandalia Ave / Bethel Loop neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 43,408 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods.

Also of note, most neighborhoods are composed of a mixture of ages of homes, but the Vandalia Ave / Bethel Loop stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 81.6% of the residential real estate here was built in this one time period.

Finally, the Vandalia Ave / Bethel Loop neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.5% of U.S. neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.9% of the Vandalia Ave / Bethel Loop neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.

People

One of the unique characteristics of the Vandalia Ave / Bethel Loop neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.4% of the neighborhoods in America.

In addition, one of the most interesting things about the Vandalia Ave / Bethel Loop neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 97.1% 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 Vandalia Ave / Bethel Loop neighborhood buck this trend. 48.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.

Diversity

Did you know that the Vandalia Ave / Bethel Loop neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.9% of this neighborhood's residents have Ukrainian ancestry and 4.7% have Russian ancestry.

Vandalia Ave / Bethel Loop is also pretty special linguistically. Significantly, 12.6% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Vandalia Ave / Bethel Loop neighborhood. More residents of the Vandalia Ave / Bethel Loop neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.5% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 Vandalia Ave / Bethel Loop neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.4% of U.S. neighborhoods. With 34.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.6% of U.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 Vandalia Ave / Bethel Loop neighborhood, 34.3% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.9%), and 15.5% 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 Vandalia Ave / Bethel Loop neighborhood is English, spoken by 62.7% of households. Other important languages spoken here include Russian, Spanish, German/Yiddish 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 Vandalia Ave / Bethel Loop neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (11.5%). There are also a number of people of Sub-Saharan African ancestry (9.2%), and residents who report African roots (8.2%), and some of the residents are also of Jamaican ancestry (5.8%), along with some Ukrainian ancestry residents (4.9%), among others. In addition, 40.9% 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 Vandalia Ave / Bethel Loop neighborhood spend between 45 minutes and one hour commuting one-way to work (49.8% of working residents), longer and tougher than most commutes in America.

Here most residents (26.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (26.6%) and 22.5% 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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