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Real Estate Prices & Overview

Marine Park Southwest median real estate price is $995,442, which is more expensive than 74.0% of the neighborhoods in New York and 90.6% of the neighborhoods in the U.S.

The average rental price in Marine Park Southwest is currently $3,849, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.6% of the neighborhoods in New York.

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

Marine Park Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Marine Park 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 1940 and 1969.

Real estate vacancies in Marine Park Southwest are 3.9%, which is lower than one will find in 74.2% of American neighborhoods. Demand for real estate in Marine Park 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.

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.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Marine Park Southwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Marine Park Southwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 23.0% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.7% of all neighborhoods in America.

Real Estate

If you love row houses and attached homes, you will probably really like the Marine Park Southwest neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 50.6% of the residential real estate here is classified as row houses and attached homes.

In addition, if you like crowded places, then you will probably enjoy the the Marine Park Southwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.9% of neighborhoods in the U.S., with 30,089 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 Marine Park Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

In the Marine Park Southwest neighborhood, 33.5% 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 98.4% of the neighborhoods in America.

Diversity

Did you know that the Marine Park Southwest neighborhood has more Romanian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.1% of this neighborhood's residents have Romanian ancestry and 10.0% have Russian ancestry.

Marine Park Southwest is also pretty special linguistically. Significantly, 16.5% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

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 Marine Park Southwest 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 66.4% of the neighborhoods in America. In addition, 5.6% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 62.8% of America'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 Marine Park Southwest neighborhood, 44.3% 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 19.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.1%), and 17.1% 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 Marine Park Southwest neighborhood is English, spoken by 58.3% of households. Other important languages spoken here include Chinese, Spanish and Langs. of India.

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 Marine Park Southwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (20.8%). There are also a number of people of Italian ancestry (11.9%), and residents who report Russian roots (10.0%), and some of the residents are also of Irish ancestry (6.1%), along with some Romanian ancestry residents (5.1%), among others. In addition, 29.3% 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 Marine Park Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (32.1% of working residents), longer and tougher than most commutes in America.

Here most residents (33.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.8%) and 9.1% 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.


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