Ocean Pkwy / Avenue S median real estate price is $4,189,066, which is more expensive than 99.0% of the neighborhoods in New York and 99.7% of the neighborhoods in the U.S.
The average rental price in Ocean Pkwy / Avenue S is currently $2,787, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.2% of New York neighborhoods.
Ocean Pkwy / Avenue S is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Ocean Pkwy / Avenue S real estate is primarily made up of small (studio to two bedroom) to large (four, five or more bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Ocean Pkwy / Avenue S 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 1970 and 1999.
Ocean Pkwy / Avenue S has a 11.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.8% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (6.9%), which can occur in some markets dominated by colleges or vacation homes. If you live here year round, you will find many of the homes or apartments are empty for all or a portion of the year.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Real Estate
The Ocean Pkwy / Avenue S neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,118 persons per square mile in the neighborhood, it is more packed with people than 97.1% 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 Ocean Pkwy / Avenue S neighborhood is one of the most walkable neighborhoods in America.
In addition, 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 Ocean Pkwy / Avenue S neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.5% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.6% of the neighborhoods in the United States.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 27.4% of the Ocean Pkwy / Avenue S neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.0% of America's neighborhoods.
Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Ocean Pkwy / Avenue S neighborhood is a fantastic option for bicycle commuters, as 4.1% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 97.3% of the neighborhoods in America.
Occupations
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Ocean Pkwy / Avenue S neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.5% of all American neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Ocean Pkwy / Avenue S neighborhood has a highly unusual pattern of car ownership. 25.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.
Diversity
Did you know that the Ocean Pkwy / Avenue S neighborhood has more Arab and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.2% of this neighborhood's residents have Arab ancestry and 4.5% have Russian ancestry.
Ocean Pkwy / Avenue S is also pretty special linguistically. Significantly, 5.3% 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 99.8% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Ocean Pkwy / Avenue S neighborhood has a greater percentage of residents born in another country (51.7%) than are found in 98.0% of all U.S. neighborhoods.
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 Ocean Pkwy / Avenue S 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 85.0% of U.S. neighborhoods. With 45.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.2% 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 Ocean Pkwy / Avenue S neighborhood, 40.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.4%), and 15.1% 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 Ocean Pkwy / Avenue S neighborhood is English, spoken by 40.2% of households. Other important languages spoken here include Spanish, Arabic, Russian and African languages.
Ethnicity / Ancestry
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 Ocean Pkwy / Avenue S neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Mexican (12.1%). There are also a number of people of Asian ancestry (10.2%), and residents who report Arab roots (9.2%), and some of the residents are also of Russian ancestry (4.5%), along with some Ukrainian ancestry residents (1.5%), among others. In addition, 51.7% of the residents of this neighborhood were born in another country.
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 Ocean Pkwy / Avenue S neighborhood spend between 45 minutes and one hour commuting one-way to work (46.8% of working residents), longer and tougher than most commutes in America.
Here most residents (27.4%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (24.5%) and 18.8% of residents also carpool with coworkers, friends, or neighbors 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.
