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Real Estate Prices & Overview

Dyker Heights Northeast median real estate price is $926,615, which is more expensive than 68.8% of the neighborhoods in New York and 88.4% of the neighborhoods in the U.S.

The average rental price in Dyker Heights Northeast is currently $3,288, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.7% of the neighborhoods in New York.

Dyker Heights Northeast is a densely urban neighborhood (based on population density) located in Brooklyn, New York.

Dyker Heights Northeast 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 Dyker Heights Northeast 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.

Dyker Heights Northeast has a 14.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 Dyker Heights Northeast 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, 53.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.7% of America's neighborhoods.

In addition, the Dyker Heights Northeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 51,823 persons per square mile in the neighborhood, it is more packed with people than 98.5% 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 Dyker Heights Northeast neighborhood is one of the most walkable neighborhoods in America.

Modes of Transportation

In the Dyker Heights Northeast neighborhood, 29.8% 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 98.3% of the neighborhoods in America.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the Dyker Heights Northeast neighborhood is a fantastic option for bicycle commuters, as 3.5% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.7% of the neighborhoods in America.

Finally, in the Dyker Heights Northeast neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 32.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.5% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

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 Dyker Heights Northeast neighborhood have a highly unusual car ownership. 22.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.8% of U.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 Dyker Heights Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.7% 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 95.2% of all neighborhoods in America.

People

With a nice mix of college students, safety from crime, and decent walkability, the Dyker Heights Northeast neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.1% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

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 Dyker Heights Northeast neighborhood. What is interesting to note, is that the Dyker Heights Northeast neighborhood has a greater percentage of residents born in another country (66.7%) than are found in 99.6% of all U.S. neighborhoods.

Diversity

Did you know that the Dyker Heights Northeast neighborhood has more Asian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.0% of this neighborhood's residents have Asian ancestry and 5.3% have Arab ancestry.

Dyker Heights Northeast is also pretty special linguistically. Significantly, 53.1% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.9% 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 Dyker Heights Northeast neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.4% of U.S. neighborhoods. With 29.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.0% 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 Dyker Heights Northeast neighborhood, 32.5% 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 executive, management, and professional occupations, with 28.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.0%), and 15.8% in manufacturing and laborer 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 Dyker Heights Northeast neighborhood is Chinese, spoken by 53.1% of households. Other important languages spoken here include English, Spanish, Arabic and Italian.

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 Dyker Heights Northeast neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Asian (59.0%). There are also a number of people of Mexican ancestry (7.2%), and residents who report South American roots (6.9%), and some of the residents are also of Arab ancestry (5.3%), along with some Puerto Rican ancestry residents (3.3%), among others. In addition, 66.7% 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 Dyker Heights Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (38.2% 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 (9.7%) who commute over an hour in each direction.

Here most residents (29.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (19.4%) and 6.2% 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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