Vinegar Hill South median real estate price is $2,126,746, which is more expensive than 95.2% of the neighborhoods in New York and 98.6% of the neighborhoods in the U.S.
The average rental price in Vinegar Hill South is currently $2,310, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.0% of New York neighborhoods.
Vinegar Hill South is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Vinegar Hill South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Vinegar Hill South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Vinegar Hill South, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 83.8% of all neighborhoods in the U.S. This means that the housing supply in Vinegar Hill South is very tight compared to the demand for property here.
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 Vinegar Hill South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
The real estate in the Vinegar Hill South 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, 100.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.
In addition, the Vinegar Hill South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 56,003 persons per square mile in the neighborhood, it is more packed with people than 98.7% of the nation's neighborhoods.
Furthermore, 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 Vinegar Hill South neighborhood, is that an incredible 81.0% 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.
Also of note, 96.4% of the real estate in the Vinegar Hill South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Car Ownership
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 Vinegar Hill South neighborhood has a highly unusual pattern of car ownership. 77.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.8% of U.S. neighborhoods.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 48.6% of the Vinegar Hill South neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.3% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work (16.0% ride the bus) than 97.6% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
People
One of the unique characteristics of the Vinegar Hill South neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.1% of the neighborhoods in America.
In addition, neighborhoodScout's exclusive research revealed that 94.0% of the adult residents in the Vinegar Hill South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.3% of the neighborhoods in America.
Diversity
Did you know that the Vinegar Hill South neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.0% of this neighborhood's residents have Puerto Rican ancestry and 14.6% have Dominican ancestry.
Vinegar Hill South is also pretty special linguistically. Significantly, 16.4% 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 98.9% 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 Vinegar Hill South 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 99.1% of U.S. neighborhoods. With 41.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.6% 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 Vinegar Hill South neighborhood, 42.2% of the working population is employed in clerical, assistant, and tech support 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 28.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.9%), and 13.3% 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 Vinegar Hill South neighborhood is English, spoken by 53.3% of households. Other important languages spoken here include Spanish 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 Vinegar Hill South neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (25.0%). There are also a number of people of Asian ancestry (18.3%), and residents who report Dominican roots (14.6%), and some of the residents are also of Haitian ancestry (5.5%), along with some Sub-Saharan African ancestry residents (3.2%), among others. In addition, 30.5% 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 Vinegar Hill South neighborhood spend between 45 minutes and one hour commuting one-way to work (44.1% of working residents), longer and tougher than most commutes in America.
Here most residents (48.6%) take the train to get to work. In addition, quite a number also ride the bus to get to work (16.0%) and 8.7% of residents also drive alone in a private automobile 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.
