42nd Ave / 108th St median real estate price is $876,344, which is more expensive than 65.7% of the neighborhoods in New York and 86.9% of the neighborhoods in the U.S.
The average rental price in 42nd Ave / 108th St is currently $2,873, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 55.3% of New York neighborhoods.
42nd Ave / 108th St is a densely urban neighborhood (based on population density) located in Queens, New York.
42nd Ave / 108th St 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 42nd Ave / 108th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In 42nd Ave / 108th St, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.9% of all neighborhoods in the U.S. This means that the housing supply in 42nd Ave / 108th St is very tight compared to the demand for property here.
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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 58.6% of the 42nd Ave / 108th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.8% of America's neighborhoods.
Also, in the 42nd Ave / 108th St neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 14.2% of residents here. This is a higher proportion of walking commuters than we found in 96.8% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the 42nd Ave / 108th St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 65.8% of the real estate here is made up of such dwellings, which is higher than 99.6% of all U.S. neighborhoods.
In addition, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 80,900 people per square mile, it is more densely populated than 99.4% of America's neighborhoods.
Furthermore, 84.6% of the real estate in the 42nd Ave / 108th St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
NeighborhoodScout's exclusive research identifies the 42nd Ave / 108th St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 53.9% of its working residents employed in such fields, which is a higher proportion than 99.5% of American neighborhoods.
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 42nd Ave / 108th St neighborhood have a highly unusual car ownership. 59.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.2% of U.S. neighborhoods.
Did you know that the 42nd Ave / 108th St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 37.2% of this neighborhood's residents have South American ancestry and 4.3% have Dominican ancestry.
42nd Ave / 108th St is also pretty special linguistically. Significantly, 77.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.3% of all U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the 42nd Ave / 108th St neighborhood has a greater percentage of residents born in another country (74.3%) than are found in 99.9% of all U.S. neighborhoods.
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 42nd Ave / 108th St neighborhood in Queens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.4% of U.S. neighborhoods. In addition, 4.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 65.0% of America'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 42nd Ave / 108th St neighborhood, 53.9% of the working population is employed in manufacturing and laborer 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 33.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.7%), and 3.2% in executive, management, and professional occupations.
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 42nd Ave / 108th St neighborhood is Spanish, spoken by 77.7% of households. Other important languages spoken here include English and Chinese.
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 42nd Ave / 108th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (37.2%). There are also a number of people of Mexican ancestry (36.0%), and residents who report Asian roots (19.2%), and some of the residents are also of Dominican ancestry (4.3%). In addition, 74.3% 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 42nd Ave / 108th St neighborhood spend between 45 minutes and one hour commuting one-way to work (40.2% of working residents), longer and tougher than most commutes in America.
Here most residents (58.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.3%) and 14.2% 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.