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Real Estate Prices & Overview

Richmond Hill Southwest median real estate price is $883,463, which is more expensive than 68.8% of the neighborhoods in New York and 87.7% of the neighborhoods in the U.S.

The average rental price in Richmond Hill Southwest is currently $3,375, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.9% of the neighborhoods in New York.

Richmond Hill Southwest is a densely urban neighborhood (based on population density) located in Queens, New York.

Richmond Hill Southwest real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Richmond Hill Southwest neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Richmond Hill Southwest are 5.5%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Richmond Hill Southwest 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.

Notable & Unique Neighborhood Characteristics

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 Queens, the Richmond Hill Southwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Richmond Hill Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,025 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation'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 Richmond Hill Southwest neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 Richmond Hill Southwest 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 48.3% of the real estate here is made up of such dwellings, which is higher than 98.2% of all U.S. neighborhoods.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 63.2% of the residential real estate in the Richmond Hill Southwest neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 23.6% of the Richmond Hill Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.6% of America's neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Richmond Hill Southwest neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Richmond Hill Southwest neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.7% of all neighborhoods in America.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Richmond Hill Southwest neighborhood buck this trend. 32.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.

People

One of the really interesting characteristics about the Richmond Hill Southwest neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.9% of college-friendly places to live in the state of New York.

Diversity

Did you know that the Richmond Hill Southwest neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.0% of this neighborhood's residents have South American ancestry and 10.7% have Dominican ancestry.

Richmond Hill Southwest is also pretty special linguistically. Significantly, 1.0% of its residents five years old and above primarily speak Native American languages at home. While this may seem like a small percentage, it is higher than 97.5% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Richmond Hill Southwest neighborhood. What is interesting to note, is that the Richmond Hill Southwest neighborhood has a greater percentage of residents born in another country (48.5%) than are found in 97.3% of all U.S. neighborhoods.

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 Richmond Hill Southwest neighborhood in Queens are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 66.8% of the neighborhoods in America. In addition, 9.4% 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 52.1% of America'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 Richmond Hill Southwest neighborhood, 34.0% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.3%), and 16.4% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Richmond Hill Southwest neighborhood is Spanish, spoken by 49.9% of households. Other important languages spoken here include English, Chinese, Langs. of India and Polish.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Richmond Hill Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (20.2%). There are also a number of people of South American ancestry (19.0%), and residents who report Puerto Rican roots (12.2%), and some of the residents are also of Dominican ancestry (10.7%), along with some Mexican ancestry residents (3.5%), among others. In addition, 48.5% 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 Richmond Hill Southwest neighborhood spend between 30 and 45 minutes commuting one-way to work (36.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (12.8%) who commute over an hour in each direction.

Here most residents (37.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (23.6%) and 17.3% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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