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Real Estate Prices & Overview

Alabama Ave / Riverdale Ave median real estate price is $728,547, which is more expensive than 53.6% of the neighborhoods in New York and 80.5% of the neighborhoods in the U.S.

The average rental price in Alabama Ave / Riverdale Ave is currently $2,831, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 52.7% of New York neighborhoods.

Alabama Ave / Riverdale Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Alabama Ave / Riverdale Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Alabama Ave / Riverdale 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 6.2% in Alabama Ave / Riverdale Ave. NeighborhoodScout analysis shows that this rate is lower than 57.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

In the Alabama Ave / Riverdale Ave neighborhood, 51.1% 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 99.6% of the neighborhoods in America.

Real Estate

The Alabama Ave / Riverdale Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 59,595 persons per square mile in the neighborhood, it is more packed with people than 98.8% 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 Alabama Ave / Riverdale Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 Alabama Ave / Riverdale Ave neighborhood has a highly unusual pattern of car ownership. 46.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.5% of U.S. neighborhoods.

Diversity

Did you know that the Alabama Ave / Riverdale Ave neighborhood has more West Indian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.9% of this neighborhood's residents have West Indian ancestry and 11.4% have Dominican ancestry.

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 Alabama Ave / Riverdale Ave 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 72.3% of U.S. neighborhoods. With 21.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.1% 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 Alabama Ave / Riverdale Ave neighborhood, 33.8% 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 27.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.7%), and 19.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Alabama Ave / Riverdale Ave neighborhood is English, spoken by 80.7% of households. Some people also speak Spanish (16.5%).

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 Alabama Ave / Riverdale Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (11.4%). There are also a number of people of Jamaican ancestry (9.4%), and residents who report Sub-Saharan African roots (6.9%), and some of the residents are also of Puerto Rican ancestry (6.5%), along with some South American ancestry residents (2.6%), among others. In addition, 38.1% 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 Alabama Ave / Riverdale Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (34.3% of working residents), longer and tougher than most commutes in America.

Here most residents (51.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (39.6%) and 6.4% 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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