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Real Estate Prices & Overview

E 31st St / Ave J median real estate price is $1,026,199, which is more expensive than 74.1% of the neighborhoods in New York and 90.7% of the neighborhoods in the U.S.

The average rental price in E 31st St / Ave J is currently $3,268, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.2% of New York neighborhoods.

E 31st St / Ave J is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 31st St / Ave J 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 occupied by a mixture of owners and renters. Many of the residences in the E 31st St / Ave J 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 E 31st St / Ave J, the current vacancy rate is 2.8%, which is a lower rate of vacancies than 80.6% of all neighborhoods in the U.S. This means that the housing supply in E 31st St / Ave J is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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 E 31st St / Ave J neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,913 persons per square mile in the neighborhood, it is more packed with people than 98.2% 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 E 31st St / Ave J neighborhood is one of the most walkable neighborhoods in America.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the E 31st St / Ave J neighborhood could be your paradise. With 31.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, 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 E 31st St / Ave J neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 59.8% 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

In the E 31st St / Ave J neighborhood, 26.2% 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 98.0% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 97.9% of U.S. neighborhoods.

Finally, in the E 31st St / Ave J 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 13.6% of residents here. This is a higher proportion of walking commuters than we found in 96.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the E 31st St / Ave J neighborhood have a highly unusual car ownership. 25.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.

Diversity

Did you know that the E 31st St / Ave J neighborhood has more Haitian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.4% of this neighborhood's residents have Haitian ancestry and 2.6% have Eastern European ancestry.

E 31st St / Ave J is also pretty special linguistically. Significantly, 13.5% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 99.5% 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 E 31st St / Ave J neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.7% of the neighborhoods in America. With 23.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.4% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the E 31st St / Ave J neighborhood, 46.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.9%), 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 E 31st St / Ave J neighborhood is English, spoken by 59.7% of households. Other important languages spoken here include French, Spanish, Polish and German/Yiddish.

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 E 31st St / Ave J neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Haitian (12.4%). There are also a number of people of Asian ancestry (4.6%), and residents who report Jamaican roots (3.4%), and some of the residents are also of Eastern European ancestry (2.6%), along with some Arab ancestry residents (1.8%), among others. In addition, 30.6% 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 E 31st St / Ave J neighborhood spend between 45 minutes and one hour commuting one-way to work (35.8% of working residents), longer and tougher than most commutes in America.

Here most residents (34.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.2%) and 16.3% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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