Marcus Garvey Blvd / Myrtle Ave median real estate price is $1,442,779, which is more expensive than 86.6% of the neighborhoods in New York and 96.0% of the neighborhoods in the U.S.
The average rental price in Marcus Garvey Blvd / Myrtle Ave is currently $1,466, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.3% of New York neighborhoods.
Marcus Garvey Blvd / Myrtle Ave is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Marcus Garvey Blvd / Myrtle 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 Marcus Garvey Blvd / Myrtle Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Marcus Garvey Blvd / Myrtle Ave are 5.7%, which is lower than one will find in 60.7% of American neighborhoods. Demand for real estate in Marcus Garvey Blvd / Myrtle Ave 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.
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.
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 Marcus Garvey Blvd / Myrtle Ave neighborhood has a highly unusual pattern of car ownership. 84.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Marcus Garvey Blvd / Myrtle Ave neighborhood, is that an incredible 91.2% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, 100.0% of the real estate in the Marcus Garvey Blvd / Myrtle Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, the Marcus Garvey Blvd / Myrtle Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 57,436 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods.
Also of note, the real estate in the Marcus Garvey Blvd / Myrtle Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 93.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.7% of American neighborhoods.
One of the unique characteristics of the Marcus Garvey Blvd / Myrtle Ave neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 97.9% of the neighborhoods in America. Also of note, 86.2% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In the Marcus Garvey Blvd / Myrtle Ave neighborhood, 43.9% 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 99.2% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 98.2% of U.S. neighborhoods.
Finally, more people in Marcus Garvey Blvd / Myrtle Ave choose to walk to work each day (11.3%) 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.
Did you know that the Marcus Garvey Blvd / Myrtle Ave neighborhood has more Haitian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.7% of this neighborhood's residents have Haitian ancestry and 17.0% have Dominican ancestry.
Marcus Garvey Blvd / Myrtle Ave is also pretty special linguistically. Significantly, 6.7% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.
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 Marcus Garvey Blvd / Myrtle Ave neighborhood in Brooklyn are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 97.9% of U.S. neighborhoods. With 86.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 99.6% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Marcus Garvey Blvd / Myrtle Ave neighborhood, 33.1% 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 28.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.9%), and 16.5% in executive, management, and professional 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 Marcus Garvey Blvd / Myrtle Ave neighborhood is English, spoken by 51.4% of households. Other important languages spoken here include Spanish and French.
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 Marcus Garvey Blvd / Myrtle Ave neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Dominican (17.0%). There are also a number of people of Puerto Rican ancestry (14.6%), and residents who report Haitian roots (13.7%), and some of the residents are also of Mexican ancestry (7.1%), along with some Asian ancestry residents (4.8%), among others. In addition, 17.0% 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 Marcus Garvey Blvd / Myrtle Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (43.6% of working residents), longer and tougher than most commutes in America.
Here most residents (43.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (17.2%) and 11.3% 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.
