108th St / 53rd Ave median real estate price is $898,166, which is more expensive than 66.3% of the neighborhoods in New York and 87.1% of the neighborhoods in the U.S.
The average rental price in 108th St / 53rd Ave is currently $3,974, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.0% of the neighborhoods in New York.
108th St / 53rd Ave is a densely urban neighborhood (based on population density) located in Queens, New York.
108th St / 53rd Ave 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 108th St / 53rd Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Real estate vacancies in 108th St / 53rd Ave are 3.1%, which is lower than one will find in 77.3% of American neighborhoods. Demand for real estate in 108th St / 53rd Ave 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.
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 108th St / 53rd Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 108th St / 53rd Ave 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 70.3% of the real estate here is made up of such dwellings, which is higher than 99.7% 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 77,519 people per square mile, it is more densely populated than 99.3% of America's neighborhoods. 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 108th St / 53rd Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, renter-occupied real estate is dominant in the 108th St / 53rd Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.1%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
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 108th St / 53rd Ave neighborhood have a highly unusual car ownership. 61.1% 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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 37.1% of the 108th St / 53rd Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.9% of America's neighborhoods.
Also, our research revealed that more commuters here take the bus to work (19.5% ride the bus) than 98.8% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Finally, more people in 108th St / 53rd Ave choose to walk to work each day (18.2%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
NeighborhoodScout's exclusive research identifies the 108th St / 53rd Ave 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 48.4% of its working residents employed in such fields, which is a higher proportion than 98.7% of American 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 108th St / 53rd Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 14.5% 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 98.5% of all neighborhoods in America.
The 108th St / 53rd Ave neighborhood is unique for having just 5.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 97.3% of America's neighborhoods.
In addition, single parenting is hard. But you don't have to tell the 108th St / 53rd Ave neighborhood about it; they already know. 19.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 96.6% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Did you know that the 108th St / 53rd Ave neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.8% of this neighborhood's residents have South American ancestry and 13.2% have Dominican ancestry.
108th St / 53rd Ave is also pretty special linguistically. Significantly, 86.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.3% of all U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the 108th St / 53rd Ave neighborhood has a greater percentage of residents born in another country (50.8%) than are found in 97.6% of all U.S. neighborhoods.
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 108th St / 53rd Ave neighborhood in Queens are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 60.8% of U.S. neighborhoods. With 30.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.2% 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 108th St / 53rd Ave neighborhood, 48.4% 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 30.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (10.9%), and 10.1% 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 108th St / 53rd Ave neighborhood is Spanish, spoken by 86.8% of households. Other important languages spoken here include English and Chinese.
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 108th St / 53rd Ave neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Mexican (35.4%). There are also a number of people of South American ancestry (29.8%), and residents who report Dominican roots (13.2%), and some of the residents are also of Asian ancestry (5.0%), along with some Italian ancestry residents (2.3%), among others. In addition, 50.8% 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 108th St / 53rd Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (25.5% 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 (14.5%) who commute over an hour in each direction.
Here most residents (37.1%) take the train to get to work. In addition, quite a number also ride the bus to get to work (19.5%) and 18.2% 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.