74th St / 21st Ave median real estate price is $1,917,472, which is more expensive than 91.8% of the neighborhoods in New York and 97.7% of the neighborhoods in the U.S.
The average rental price in 74th St / 21st Ave is currently $3,411, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.3% of New York neighborhoods.
74th St / 21st Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
74th St / 21st Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the 74th St / 21st 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.
Home and apartment vacancy rates are 6.7% in 74th St / 21st Ave. NeighborhoodScout analysis shows that this rate is lower than 54.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 13.5% of residents in the 74th St / 21st Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.9% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 28.0% of the 74th St / 21st Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.2% of America's neighborhoods.
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 67,815 people per square mile, it is more densely populated than 99.1% of America'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 74th St / 21st Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 74th St / 21st Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 49.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.4% of America's neighborhoods.
Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 69.5% of the residential real estate in the 74th St / 21st Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.5% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
American households most often have a car, and regularly they have two or three. But households in the 74th St / 21st Ave neighborhood buck this trend. 35.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.7% of U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the 74th St / 21st Ave neighborhood has a greater percentage of residents born in another country (58.3%) than are found in 99.0% of all U.S. neighborhoods.
Did you know that the 74th St / 21st Ave neighborhood has more Asian and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 42.1% of this neighborhood's residents have Asian ancestry and 2.8% have Ukrainian ancestry.
74th St / 21st Ave is also pretty special linguistically. Significantly, 33.3% 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 99.7% 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 74th St / 21st Ave 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 63.5% of the neighborhoods in America. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.7% 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 74th St / 21st Ave neighborhood, 34.2% 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 29.9% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.8%), and 11.7% 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 74th St / 21st Ave neighborhood is Chinese, spoken by 33.3% of households. Other important languages spoken here include English, Spanish, Russian and Italian.
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 74th St / 21st Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (42.1%). There are also a number of people of Italian ancestry (20.3%), and residents who report Russian roots (4.8%), and some of the residents are also of South American ancestry (4.5%), along with some Ukrainian ancestry residents (2.8%), among others. In addition, 58.3% 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 74th St / 21st Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (36.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (28.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (28.0%) and 13.5% of residents also bicycle 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.
