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Real Estate Prices & Overview

Dinsmore Pl / Chestnut St median real estate price is $904,038, which is more expensive than 69.7% of the neighborhoods in New York and 88.5% of the neighborhoods in the U.S.

The average rental price in Dinsmore Pl / Chestnut St is currently $3,480, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.1% of the neighborhoods in New York.

Dinsmore Pl / Chestnut St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Dinsmore Pl / Chestnut St 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 renter occupied. Many of the residences in the Dinsmore Pl / Chestnut St 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.

Home and apartment vacancy rates are 7.5% in Dinsmore Pl / Chestnut St. NeighborhoodScout analysis shows that this rate is lower than 51.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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 Dinsmore Pl / Chestnut St 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, 81.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.9% of America's neighborhoods.

In addition, the Dinsmore Pl / Chestnut St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 33,527 persons per square mile in the neighborhood, it is more packed with people than 97.4% 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 Dinsmore Pl / Chestnut St neighborhood is one of the most walkable neighborhoods in America.

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 70.9% of the residential real estate in the Dinsmore Pl / Chestnut St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.7% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Dinsmore Pl / Chestnut St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.5% of all American neighborhoods.

Modes of Transportation

In the Dinsmore Pl / Chestnut St neighborhood, 30.1% 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 98.2% of the neighborhoods in America.

Also, in the Dinsmore Pl / Chestnut St 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 14.0% of residents here. This is a higher proportion of walking commuters than we found in 96.8% 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 Dinsmore Pl / Chestnut St neighborhood have a highly unusual car ownership. 27.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.8% of U.S. neighborhoods.

Diversity

Did you know that the Dinsmore Pl / Chestnut St neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.1% of this neighborhood's residents have Dominican ancestry and 11.2% have South American ancestry.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Dinsmore Pl / Chestnut St neighborhood. What is interesting to note, is that the Dinsmore Pl / Chestnut St neighborhood has a greater percentage of residents born in another country (63.6%) than are found in 99.5% of all U.S. neighborhoods.

The Neighbors

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 Dinsmore Pl / Chestnut St 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 72.0% of U.S. neighborhoods. In addition, 7.0% 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 58.7% 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 Dinsmore Pl / Chestnut St neighborhood, 51.5% 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 manufacturing and laborer occupations, with 19.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.4%), and 11.7% in clerical, assistant, and tech support 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 Dinsmore Pl / Chestnut St neighborhood is Spanish, spoken by 49.5% of households. Other important languages spoken here include English and Chinese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Dinsmore Pl / Chestnut St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (32.1%). There are also a number of people of Asian ancestry (12.5%), and residents who report South American roots (11.2%), and some of the residents are also of Puerto Rican ancestry (8.8%), along with some Jamaican ancestry residents (6.3%), among others. In addition, 63.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Dinsmore Pl / Chestnut St neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (40.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (30.1%) and 14.0% of residents also hop out the door and walk to work 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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