Bedford Stuyvesant Southwest median real estate price is $1,803,927, which is more expensive than 92.8% of the neighborhoods in New York and 97.9% of the neighborhoods in the U.S.
The average rental price in Bedford Stuyvesant Southwest is currently $4,783, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.2% of the neighborhoods in New York.
Bedford Stuyvesant Southwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Bedford Stuyvesant Southwest 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 Bedford Stuyvesant Southwest 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.
Real estate vacancies in Bedford Stuyvesant Southwest are 4.0%, which is lower than one will find in 73.4% of American neighborhoods. Demand for real estate in Bedford Stuyvesant Southwest 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.
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.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 44.8% of the Bedford Stuyvesant Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.1% of America's neighborhoods.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.2% of residents in the Bedford Stuyvesant Southwest neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Bedford Stuyvesant Southwest neighborhood buck this trend. 53.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.9% of U.S. neighborhoods.
Real Estate
The Bedford Stuyvesant Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 58,214 persons per square mile in the neighborhood, it is more packed with people than 98.8% 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 Bedford Stuyvesant Southwest neighborhood is one of the most walkable neighborhoods in America.
In addition, 93.4% of the real estate in the Bedford Stuyvesant Southwest 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 Bedford Stuyvesant Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.9% 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 97.3% of all neighborhoods in America.
People
Bedford Stuyvesant Southwest has the amazing distinction of housing more same sex couples living together than 98.3% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Bedford Stuyvesant Southwest neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.7% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Bedford Stuyvesant Southwest neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.
Occupations
The Bedford Stuyvesant Southwest neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.2% of the neighborhoods in America. In fact, 71.5% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
Diversity
Did you know that the Bedford Stuyvesant Southwest neighborhood has more British and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.8% of this neighborhood's residents have British ancestry and 4.3% have Dominican ancestry.
Bedford Stuyvesant Southwest is also pretty special linguistically. Significantly, 2.7% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 96.6% 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 Bedford Stuyvesant Southwest neighborhood in Brooklyn are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 88.6% of the neighborhoods in America. With 18.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 65.6% 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 Bedford Stuyvesant Southwest neighborhood, 71.5% 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 13.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.2%), and 3.5% in government jobs, whether they are in local, state, or federal positions.
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 Bedford Stuyvesant Southwest neighborhood is English, spoken by 83.9% of households. Other important languages spoken here include Spanish and African languages.
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 Bedford Stuyvesant Southwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Irish (9.0%). There are also a number of people of Italian ancestry (6.8%), and residents who report English roots (6.5%), and some of the residents are also of Sub-Saharan African ancestry (6.3%), along with some German ancestry residents (6.3%), among others. In addition, 20.3% 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 Bedford Stuyvesant Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (47.3% of working residents), longer and tougher than most commutes in America.
Here most residents (44.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.2%) and 5.2% of residents also bicycle 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.
