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Real Estate Prices & Overview

80th St / 45th Ave median real estate price is $892,487, which is more expensive than 65.9% of the neighborhoods in New York and 86.6% of the neighborhoods in the U.S.

The average rental price in 80th St / 45th Ave is currently $3,688, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.9% of the neighborhoods in New York.

80th St / 45th Ave is a densely urban neighborhood (based on population density) located in Queens, New York.

80th St / 45th Ave 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 80th St / 45th Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.9% in 80th St / 45th Ave. NeighborhoodScout analysis shows that this rate is lower than 43.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 61.2% of the 80th St / 45th Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.9% of America's neighborhoods.

Real Estate

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 117,735 people per square mile, it is more densely populated than 99.8% of America'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 80th St / 45th Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, the 80th St / 45th Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.8% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the 80th St / 45th Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.7% of all American neighborhoods.

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 80th St / 45th Ave neighborhood have a highly unusual car ownership. 64.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.4% of U.S. neighborhoods.

Migration / Stability

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. More residents of the 80th St / 45th Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.9% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the 80th St / 45th Ave neighborhood has a greater percentage of residents born in another country (73.8%) than are found in 99.9% of all U.S. neighborhoods.

Diversity

Did you know that the 80th St / 45th Ave neighborhood has more Asian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 51.5% of this neighborhood's residents have Asian ancestry and 5.3% have Dominican ancestry.

80th St / 45th Ave is also pretty special linguistically. Significantly, 16.8% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

The Neighbors

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 80th St / 45th Ave neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 46.1% of the neighborhoods in America. With 16.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.7% 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 80th St / 45th Ave neighborhood, 54.5% 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 manufacturing and laborer occupations, with 20.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.3%), and 6.5% in clerical, assistant, and tech support 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 80th St / 45th Ave neighborhood is Spanish, spoken by 36.9% of households. Other important languages spoken here include Chinese, English, Korean and Langs. of India.

Ethnicity / Ancestry

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 80th St / 45th Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (51.5%). There are also a number of people of Mexican ancestry (22.8%), and residents who report South American roots (6.7%), and some of the residents are also of Dominican ancestry (5.3%). In addition, 73.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 80th St / 45th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (45.9% of working residents), longer and tougher than most commutes in America.

Here most residents (61.2%) take the train to get to work. In addition, quite a number also ride the bus to get to work (9.9%) and 9.8% of residents also drive alone in a private automobile 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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