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, 84.1% of the real estate in the 108th St / 53rd Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
American households most often have a car, and regularly they have two or three. But households in the 108th St / 53rd Ave neighborhood buck this trend. 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.
In the 108th St / 53rd Ave neighborhood, 37.1% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 98.9% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 98.8% of U.S. neighborhoods.
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.
More people work in manufacturing and as laborers here in the 108th St / 53rd Ave neighborhood than in 98.7% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
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.
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 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.
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 108th St / 53rd Ave neighborhood is Spanish, spoken by 86.8% of households. Other important languages spoken here include English and Chinese.
Ethnicity / Ancestry
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 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.
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 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.
