Empire Blvd / Albany Ave median real estate price is $1,391,114, which is more expensive than 82.2% of the neighborhoods in New York and 93.8% of the neighborhoods in the U.S.
The average rental price in Empire Blvd / Albany Ave is currently $2,915, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.8% of New York neighborhoods.
Empire Blvd / Albany Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Empire Blvd / Albany Ave 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 Empire Blvd / Albany Ave 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.
In Empire Blvd / Albany Ave, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.1% of all neighborhoods in the U.S. This means that the housing supply in Empire Blvd / Albany Ave is very tight compared to the demand for property here.
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.
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 76,664 people per square mile, it is more densely populated than 99.3% 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 Empire Blvd / Albany Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Empire Blvd / Albany Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 80.7% 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 96.8% of all neighborhoods in America.
Furthermore, 84.6% of the real estate in the Empire Blvd / Albany Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Empire Blvd / Albany Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.2% of the neighborhoods in the United States.
In the Empire Blvd / Albany Ave 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 28.5% of residents here. This is a higher proportion of walking commuters than we found in 99.0% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, in the Empire Blvd / Albany Ave neighborhood, 29.5% 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 98.3% of the neighborhoods in America.
Finally, our research revealed that more commuters here take the bus to work (13.5% ride the bus) than 96.9% 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.
American households most often have a car, and regularly they have two or three. But households in the Empire Blvd / Albany Ave neighborhood buck this trend. 39.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.
Did you know that the Empire Blvd / Albany Ave neighborhood has more Haitian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.8% of this neighborhood's residents have Haitian ancestry and 3.3% have Eastern European ancestry.
Empire Blvd / Albany Ave is also pretty special linguistically. Significantly, 9.3% 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 99.5% 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 Empire Blvd / Albany Ave 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 82.4% of U.S. neighborhoods. With 43.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.5% 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 Empire Blvd / Albany Ave neighborhood, 50.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 11.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Empire Blvd / Albany Ave neighborhood is English, spoken by 70.6% of households. Other important languages spoken here include German/Yiddish, Spanish and French.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Empire Blvd / Albany Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (9.8%). There are also a number of people of Polish ancestry (6.7%), and residents who report Sub-Saharan African roots (3.5%), and some of the residents are also of Eastern European ancestry (3.3%), along with some African ancestry residents (2.7%), among others. In addition, 29.8% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Empire Blvd / Albany Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (40.5% of working residents), longer and tougher than most commutes in America.
Here most residents (29.5%) take the train to get to work. In addition, quite a number also hop out the door and walk to work to get to work (28.5%) and 13.5% 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.