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Real Estate Prices & Overview

Bushwick median real estate price is $1,312,333, which is more expensive than 84.3% of the neighborhoods in New York and 95.0% of the neighborhoods in the U.S.

The average rental price in Bushwick is currently $2,353, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.1% of New York neighborhoods.

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

Bushwick 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 Bushwick 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 2000 and the present.

Home and apartment vacancy rates are 6.0% in Bushwick. NeighborhoodScout analysis shows that this rate is lower than 59.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

American households most often have a car, and regularly they have two or three. But households in the Bushwick neighborhood buck this trend. 62.2% 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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (22.5% ride the bus) than 99.0% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 37.0% of the Bushwick neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.6% of America's neighborhoods.

Finally, in the Bushwick neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 15.1% of residents here. This is a higher proportion of walking commuters than we found in 97.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Real Estate

The Bushwick neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 61,437 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 Bushwick neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 89.4% of the real estate in the Bushwick neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, one of the really unique and interesting things about the look and setting of the Bushwick neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.8% 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 95.2% of all neighborhoods in America.

People

One of the unique characteristics of the Bushwick neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 96.2% of the neighborhoods in America.

Diversity

Did you know that the Bushwick neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.4% of this neighborhood's residents have Puerto Rican ancestry and 10.6% have Dominican ancestry.

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 Bushwick 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 96.2% of U.S. neighborhoods. With 22.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.8% 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 Bushwick neighborhood, 42.6% 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.8%), and 13.1% 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 Bushwick neighborhood is Spanish, spoken by 52.0% of households. Other important languages spoken here include English, Chinese 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 Bushwick neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (27.4%). There are also a number of people of Dominican ancestry (10.6%), and residents who report Mexican roots (8.3%), and some of the residents are also of South American ancestry (5.2%), along with some Asian ancestry residents (4.5%), among others. In addition, 29.6% 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 Bushwick neighborhood spend between 45 minutes and one hour commuting one-way to work (40.4% of working residents), longer and tougher than most commutes in America.

Here most residents (37.0%) take the train to get to work. In addition, quite a number also ride the bus to get to work (22.5%) and 15.2% 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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