Is Brooklyn rich or poor? Is Brooklyn cheap to live?

Excellent for families in Brooklyn
Families will find the walkable sidewalks, serene parks, a feeling of community, and family-friendly activities in Brooklyn, New York, ideal for family life. There are many family-friendly attractions in Brooklyn, including the Prospect Park Zoo and the Brooklyn Children’s Museum.

Brooklyn’s top-notch schools, expanding economy, and a strong sense of community continue to draw newcomers and families from all over. Here’s what you should know if you’re thinking about moving to Brooklyn to get the most out of the city.

Is Brooklyn rich or poor? Is Brooklyn cheap to live in?

In Brooklyn, one in five homes earns more than $100,000 annually on average—twice as much as a decades ago while one in five households receives food stamp benefits.

In New York City, Brooklyn has the most children who live in poverty overall. Brooklyn contains five of the ten census tracts in NYC that are the lowest.

Brooklyn used to be a haven from the exorbitant housing costs in Manhattan. It is currently the second most expensive place to live in the country. Even more expensive than the area across the East River are a few areas, like Brooklyn Heights and DUMBO.

In the nutshell, they are rich