Flatbush Southwest median real estate price is $1,726,055, which is more expensive than 83.2% of the neighborhoods in New York and 94.1% of the neighborhoods in the U.S.
The average rental price in Flatbush Southwest is currently $3,787, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.6% of the neighborhoods in New York.
Flatbush Southwest is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Flatbush Southwest 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Flatbush Southwest 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.
Real estate vacancies in Flatbush Southwest are 4.4%, which is lower than one will find in 69.5% of American neighborhoods. Demand for real estate in Flatbush Southwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Flatbush Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 48.5% of the Flatbush Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.5% 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 66,580 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 Flatbush Southwest neighborhood is one of the most walkable neighborhoods in America.
In addition, one of the really unique and interesting things about the look and setting of the Flatbush Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.5% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.2% of all neighborhoods in America.
Furthermore, the Flatbush Southwest neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Also of note, renter-occupied real estate is dominant in the Flatbush Southwest neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.5%, which is higher than 95.2% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
American households most often have a car, and regularly they have two or three. But households in the Flatbush Southwest neighborhood buck this trend. 44.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Flatbush Southwest 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 Flatbush Southwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.3% 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 95.9% of all neighborhoods in America.
Did you know that the Flatbush Southwest neighborhood has more Austrian and Czechoslovakian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.2% of this neighborhood's residents have Austrian ancestry and 1.0% have Czechoslovakian ancestry.
Flatbush Southwest is also pretty special linguistically. Significantly, 6.4% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.9% 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 Flatbush Southwest 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 64.1% of the neighborhoods in America. In addition, 7.4% 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 57.0% of America'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 Flatbush Southwest neighborhood, 55.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.6%), and 7.5% 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 Flatbush Southwest neighborhood is English, spoken by 65.1% of households. Other important languages spoken here include Spanish, Urdu (the national language of Pakistan), Russian 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 Flatbush Southwest neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (17.9%). There are also a number of people of German ancestry (9.5%), and residents who report South American roots (6.0%), and some of the residents are also of Haitian ancestry (4.9%), along with some Irish ancestry residents (4.5%), among others. In addition, 36.7% 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 Flatbush Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (45.3% of working residents), longer and tougher than most commutes in America.
Here most residents (48.5%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (15.7%) and 7.3% of residents also hop out the door and walk to work 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.
