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Real Estate Prices & Overview

E 92nd St / Skidmore Ln median real estate price is $819,249, which is more expensive than 60.7% of the neighborhoods in New York and 84.4% of the neighborhoods in the U.S.

The average rental price in E 92nd St / Skidmore Ln is currently $2,815, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.1% of New York neighborhoods.

E 92nd St / Skidmore Ln is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

E 92nd St / Skidmore Ln real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the E 92nd St / Skidmore Ln neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

E 92nd St / Skidmore Ln has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 79.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Brooklyn, the E 92nd St / Skidmore Ln neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 E 92nd St / Skidmore Ln 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, 69.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, the E 92nd St / Skidmore Ln neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 33,631 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods. 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 E 92nd St / Skidmore Ln neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 E 92nd St / Skidmore Ln 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 E 92nd St / Skidmore Ln neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 19.4% 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 99.5% of all neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 34.8% of the E 92nd St / Skidmore Ln neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.6% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 97.6% of U.S. neighborhoods.

Diversity

Did you know that the E 92nd St / Skidmore Ln neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.5% of this neighborhood's residents have Haitian ancestry and 5.9% have Jamaican ancestry.

E 92nd St / Skidmore Ln is also pretty special linguistically. Significantly, 6.0% 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 98.1% 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 92nd St / Skidmore Ln 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 46.4% of the neighborhoods in America. In addition, 8.0% 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 55.1% of America'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 E 92nd St / Skidmore Ln neighborhood, 54.6% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 27.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.1%), and 7.6% 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 E 92nd St / Skidmore Ln neighborhood is English, spoken by 81.3% of households. Other important languages spoken here include French and Spanish.

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 92nd St / Skidmore Ln neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (8.8%). There are also a number of people of African ancestry (8.2%), and residents who report Haitian roots (6.5%), and some of the residents are also of Jamaican ancestry (5.9%), along with some Asian ancestry residents (4.3%), among others. In addition, 40.7% 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 92nd St / Skidmore Ln neighborhood spend between 45 minutes and one hour commuting one-way to work (46.7% of working residents), longer and tougher than most commutes in America.

Here most residents (34.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (27.4%) and 15.2% 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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