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Real Estate Prices & Overview

Windsor Terrace median real estate price is $1,398,358, which is more expensive than 86.2% of the neighborhoods in New York and 95.6% of the neighborhoods in the U.S.

The average rental price in Windsor Terrace is currently $3,737, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.3% of the neighborhoods in New York.

Windsor Terrace is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Windsor Terrace 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 occupied by a mixture of owners and renters. Many of the residences in the Windsor Terrace 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.

In Windsor Terrace, the current vacancy rate is 2.3%, which is a lower rate of vacancies than 84.7% of all neighborhoods in the U.S. This means that the housing supply in Windsor Terrace is very tight compared to the demand for property here.

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 Windsor Terrace neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Of note is NeighborhoodScout's research finding that the Windsor Terrace neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Windsor Terrace community truly stands out from the rest in this regard.

In addition, with more than 1.8% of residents living with a same sex partner, Windsor Terrace is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 96.3% of U.S. neighborhoods.

Modes of Transportation

In the Windsor Terrace neighborhood, 55.1% 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 99.7% of the neighborhoods in America.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.3% of residents in the Windsor Terrace neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 96.4% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Real Estate

The Windsor Terrace neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 44,115 persons per square mile in the neighborhood, it is more packed with people than 98.1% 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 Windsor Terrace neighborhood is one of the most walkable neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Windsor Terrace neighborhood buck this trend. 25.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.4% of U.S. neighborhoods.

Occupations

Executives, managers and professionals make up 69.5% of the workforce in the Windsor Terrace neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.2% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Diversity

Did you know that the Windsor Terrace neighborhood has more Ukrainian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.7% of this neighborhood's residents have Ukrainian ancestry and 3.6% have Russian ancestry.

Windsor Terrace is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

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 Windsor Terrace 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 71.9% of the neighborhoods in America. In addition, 0.0% 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 100.0% 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 Windsor Terrace neighborhood, 69.5% 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 11.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.7%), and 8.0% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Windsor Terrace neighborhood is English, spoken by 78.5% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region), Russian and Korean.

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 Windsor Terrace neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Irish (12.9%). There are also a number of people of German ancestry (10.5%), and residents who report Italian roots (10.4%), and some of the residents are also of Asian ancestry (10.1%), along with some English ancestry residents (6.9%), among others. In addition, 16.2% 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 Windsor Terrace neighborhood spend between 45 minutes and one hour commuting one-way to work (57.1% of working residents), longer and tougher than most commutes in America.

Here most residents (55.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (10.3%) . 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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