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Real Estate Prices & Overview

Sutter Ave / Milford St median real estate price is $841,565, which is more expensive than 64.8% of the neighborhoods in New York and 85.7% of the neighborhoods in the U.S.

The average rental price in Sutter Ave / Milford St is currently $3,222, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 45.6% of New York neighborhoods.

Sutter Ave / Milford St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Sutter Ave / Milford St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Sutter Ave / Milford 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.

Real estate vacancies in Sutter Ave / Milford St are 5.6%, which is lower than one will find in 62.3% of American neighborhoods. Demand for real estate in Sutter Ave / Milford St 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.

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 Sutter Ave / Milford St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Sutter Ave / Milford 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, 70.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.

In addition, the Sutter Ave / Milford St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 61,194 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 Sutter Ave / Milford St neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 52.1% of the Sutter Ave / Milford St 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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Sutter Ave / Milford St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.9% 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 97.1% of all neighborhoods in America.

Diversity

Did you know that the Sutter Ave / Milford St neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.6% of this neighborhood's residents have Jamaican ancestry and 8.8% have Dominican ancestry.

Sutter Ave / Milford St is also pretty special linguistically. Significantly, 2.9% 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 95.2% 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 Sutter Ave / Milford St neighborhood. More residents of the Sutter Ave / Milford St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.6% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Sutter Ave / Milford St neighborhood has a greater percentage of residents born in another country (45.6%) than are found in 96.3% of all U.S. neighborhoods.

The Neighbors

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 Sutter Ave / Milford St neighborhood in Brooklyn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.5% of the neighborhoods in America. With 33.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% 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 Sutter Ave / Milford St neighborhood, 37.7% 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 31.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.5%), and 8.2% 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 Sutter Ave / Milford St neighborhood is English, spoken by 54.3% 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 Sutter Ave / Milford St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (13.6%). There are also a number of people of Asian ancestry (13.6%), and residents who report Dominican roots (8.8%), and some of the residents are also of Sub-Saharan African ancestry (8.7%), along with some African ancestry residents (4.8%), among others. In addition, 45.6% 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 Sutter Ave / Milford St neighborhood spend between 30 and 45 minutes commuting one-way to work (35.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (11.9%) who commute over an hour in each direction.

Here most residents (52.1%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (29.5%) and 6.6% 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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