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Real Estate Prices & Overview

Gravesend Neck Rd / McDonald Ave median real estate price is $1,178,463, which is more expensive than 80.7% of the neighborhoods in New York and 93.5% of the neighborhoods in the U.S.

The average rental price in Gravesend Neck Rd / McDonald Ave is currently $3,136, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.7% of New York neighborhoods.

Gravesend Neck Rd / McDonald Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Gravesend Neck Rd / McDonald Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Gravesend Neck Rd / McDonald 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 7.9% in Gravesend Neck Rd / McDonald Ave. NeighborhoodScout analysis shows that this rate is lower than 48.8% 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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 40.0% of the Gravesend Neck Rd / McDonald Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.8% of America's neighborhoods.

Also, more people in Gravesend Neck Rd / McDonald Ave choose to walk to work each day (12.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Real Estate

The Gravesend Neck Rd / McDonald Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,265 persons per square mile in the neighborhood, it is more packed with people than 97.6% 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 Gravesend Neck Rd / McDonald Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Gravesend Neck Rd / McDonald Ave neighborhood could be your paradise. With 31.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.1% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

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 Gravesend Neck Rd / McDonald Ave neighborhood have a highly unusual car ownership. 34.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Gravesend Neck Rd / McDonald Ave neighborhood has more Asian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 55.8% of this neighborhood's residents have Asian ancestry and 3.5% have Russian ancestry.

Gravesend Neck Rd / McDonald Ave is also pretty special linguistically. Significantly, 38.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 Gravesend Neck Rd / McDonald Ave neighborhood. What is interesting to note, is that the Gravesend Neck Rd / McDonald Ave neighborhood has a greater percentage of residents born in another country (52.0%) than are found in 98.1% 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 Gravesend Neck Rd / McDonald Ave 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 60.4% of the neighborhoods in America. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% of U.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 Gravesend Neck Rd / McDonald Ave neighborhood, 31.4% 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 29.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.2%), and 16.4% 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 Gravesend Neck Rd / McDonald Ave neighborhood is Chinese, spoken by 38.8% of households. Other important languages spoken here include English, Spanish, Italian and Langs. of India.

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 Gravesend Neck Rd / McDonald Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (55.8%). There are also a number of people of Puerto Rican ancestry (6.0%), and residents who report Italian roots (4.3%), and some of the residents are also of Mexican ancestry (4.3%), along with some Russian ancestry residents (3.5%), among others. In addition, 52.0% 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 Gravesend Neck Rd / McDonald Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (41.1% of working residents), longer and tougher than most commutes in America.

Here most residents (40.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.5%) and 12.5% 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.


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