Ridgewood East median real estate price is $933,385, which is more expensive than 71.3% of the neighborhoods in New York and 89.2% of the neighborhoods in the U.S.
The average rental price in Ridgewood East is currently $3,967, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 73.8% of the neighborhoods in New York.
Ridgewood East is a densely urban neighborhood (based on population density) located in Queens, New York.
Ridgewood East 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 occupied by a mixture of owners and renters. Many of the residences in the Ridgewood East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Ridgewood East, the current vacancy rate is 0.9%, which is a lower rate of vacancies than 91.8% of all neighborhoods in the U.S. This means that the housing supply in Ridgewood East is very tight compared to the demand for property here.
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 Ridgewood East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In a nation where 1 out of every 4 children lives in poverty, the Ridgewood East neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
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 Ridgewood East 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 54.5% of the real estate here is made up of such dwellings, which is higher than 98.8% of all U.S. neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Ridgewood East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.7% of neighborhoods in the U.S., with 28,742 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Ridgewood East neighborhood is among the top 5% of American neighborhoods in terms of walkability.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 23.0% of the Ridgewood East neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.5% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 96.5% of U.S. neighborhoods.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Ridgewood East neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.4% 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 96.8% of all neighborhoods in America.
Did you know that the Ridgewood East neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.3% of this neighborhood's residents have Dominican ancestry and 18.6% have South American ancestry.
Ridgewood East is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.1% of the neighborhoods in America.
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 Ridgewood East 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 83.3% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Ridgewood East neighborhood, 33.5% of the working population is employed in executive, management, and professional 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 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.8%), and 19.8% in clerical, assistant, and tech support 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 Ridgewood East neighborhood is English, spoken by 51.1% of households. Other important languages spoken here include Spanish, Italian, Polish 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 Ridgewood East neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (18.6%). There are also a number of people of Dominican ancestry (17.3%), and residents who report Irish roots (12.2%), and some of the residents are also of Polish ancestry (8.0%), along with some Arab ancestry residents (6.6%), among others. In addition, 35.3% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ridgewood East neighborhood spend between 45 minutes and one hour commuting one-way to work (41.6% of working residents), longer and tougher than most commutes in America.
Here most residents (39.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (23.0%) and 13.0% 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.