Morgan Ave / Beadel St median real estate price is $1,959,492, which is more expensive than 93.8% of the neighborhoods in New York and 98.2% of the neighborhoods in the U.S.
The average rental price in Morgan Ave / Beadel St is currently $4,913, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.7% of the neighborhoods in New York.
Morgan Ave / Beadel St is a densely urban neighborhood (based on population density) located in Brooklyn, New York.
Morgan Ave / Beadel St 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 Morgan Ave / Beadel St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in Morgan Ave / Beadel St are 4.1%, which is lower than one will find in 71.8% of American neighborhoods. Demand for real estate in Morgan Ave / Beadel 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.
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 Morgan Ave / Beadel St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Morgan Ave / Beadel St neighborhood is a fantastic option for bicycle commuters, as 7.3% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.2% of the neighborhoods in America.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 36.8% of the Morgan Ave / Beadel St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.7% of America's neighborhoods.
Finally, our research revealed that more commuters here take the bus to work (15.8% ride the bus) than 97.8% 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.
99.2% of the real estate in the Morgan Ave / Beadel St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, one of the really unique and interesting things about the look and setting of the Morgan Ave / Beadel St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.9% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.6% of all neighborhoods in America.
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 Morgan Ave / Beadel St neighborhood have a highly unusual car ownership. 48.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.6% of U.S. neighborhoods.
The Morgan Ave / Beadel St neighborhood has a greater percentage of children living in poverty (58.6%) than found in 96.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Did you know that the Morgan Ave / Beadel St neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.7% of this neighborhood's residents have Puerto Rican ancestry and 6.3% have Dominican ancestry.
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 Morgan Ave / Beadel St 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 68.0% of U.S. neighborhoods. With 58.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 96.7% 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 Morgan Ave / Beadel St neighborhood, 29.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 29.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (22.6%), and 18.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
The most common language spoken in the Morgan Ave / Beadel St neighborhood is English, spoken by 76.3% of households. Some people also speak Spanish (13.3%).
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 Morgan Ave / Beadel St neighborhood in Brooklyn, NY, residents most commonly identify their ethnicity or ancestry as Puerto Rican (15.7%). There are also a number of people of Sub-Saharan African ancestry (8.1%), and residents who report African roots (8.1%), and some of the residents are also of Dominican ancestry (6.3%), along with some Asian ancestry residents (3.9%), among others. In addition, 14.1% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Morgan Ave / Beadel St neighborhood spend between 45 minutes and one hour commuting one-way to work (38.9% of working residents), longer and tougher than most commutes in America.
Here most residents (36.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.5%) and 15.8% of residents also ride the bus 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.