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5516 8th Ave

5516 8th Ave

This Property At A Glance

5516 8th Ave is a building in BROOKLYN.

The typical wait time for a taxi at 5516 8th Ave is 20 minutes.

As for the demographics around 5516 8th Ave, the median age is 31, 61% of residents are married, and 56% of residents have at least one child. The median individual full-time income is about $25,266 and about 7% of adults here have a bachelor's degree or higher.

Regarding weather, the average summer temperature is 77.1°F, while the average winter temperature is 33.1°F. The average annual rainfall is 46.6 inches and the average annual snowfall is 22.7 inches.

Location Financial Transportation Demographics Weather

Financial

Value Estimate*

$650,000
$390,000
$910,000
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

20% lower than the national average

Housing costs

20% lower than the national average

Food & Beverage costs

16% lower than the national average

Transportation costs

21% lower than the national average

Apparel costs

18% lower than the national average

Entertainment costs

21% lower than the national average

Utility costs

14% lower than the national average

Healthcare costs

16% lower than the national average

Insurance costs

25% lower than the national average

Tobacco costs

10% lower than the national average

Income

The median household income in this area is
$37,586
Per year
The median full-time individual income in this area is
$25,266
Per year

Rent vs. Own

The percent of households occupied by renters is
78%
The percent of households occupied by owners is
21%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$4,161

Transportation

Taxi Stats

The typical wait time for a taxi is
20
minutes at 55th Street and 8th Avenue

Commute Stats

The common time to leave for work in this neighborhood is
10:00 AM to 10:59 AM
The most common way to commute in this neighborhood is
Subway
The percent of households with at least one car in this area is
37%

Your Commute Times

Demographics

Census at a Glance

The median age is
31
Years Old
The most common education level in this area is
Less than High School
Households with children are
56%
of all households in this area
The percent of people in this area who are married is
61%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
77°F
The average rainfall in this area is
47
inches annually
The average snow in this area is
23
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
mild
Risk of tornadoes
in this area is
low
Risk of hailstorms
in this area is
mild
Risk of windstorms
in this area is
high

Flood Zone Map

Flood Zones

Low Risk High Risk
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