108th St / 67th Dr median real estate price is $372,613, which is less expensive than 69.4% of New York neighborhoods and 50.8% of all U.S. neighborhoods.
The average rental price in 108th St / 67th Dr is currently $3,909, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.9% of the neighborhoods in New York.
108th St / 67th Dr is a densely urban neighborhood (based on population density) located in Queens, New York.
108th St / 67th Dr 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 single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the 108th St / 67th Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In 108th St / 67th Dr, the current vacancy rate is 2.4%, which is a lower rate of vacancies than 82.8% of all neighborhoods in the U.S. This means that the housing supply in 108th St / 67th Dr 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 108th St / 67th Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the 108th St / 67th Dr neighborhood, 46.6% 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 99.4% of the neighborhoods in America.
Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the 108th St / 67th Dr neighborhood, is that an incredible 81.4% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In addition, the 108th St / 67th Dr neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 47,589 persons per square mile in the neighborhood, it is more packed with people than 98.3% of the nation's neighborhoods.
Furthermore, one of the really unique and interesting things about the look and setting of the 108th St / 67th Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.2% of all neighborhoods in America.
Also of note, the 108th St / 67th Dr 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 82.6% 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.
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 / 67th Dr neighborhood have a highly unusual car ownership. 39.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.0% of U.S. neighborhoods.
The 108th St / 67th Dr neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.2% of the neighborhoods in America. In fact, 72.6% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
One of the most interesting things about the 108th St / 67th Dr neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.4% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.5% of the neighborhoods in America.
Did you know that the 108th St / 67th Dr neighborhood has more Lebanese and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.4% of this neighborhood's residents have Lebanese ancestry and 2.8% have Romanian ancestry.
108th St / 67th Dr is also pretty special linguistically. Significantly, 10.9% 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 99.9% 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 108th St / 67th Dr 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 69.1% of the neighborhoods in America. In addition, 1.8% 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 75.2% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the 108th St / 67th Dr neighborhood, 72.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 16.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (7.7%), and 7.0% in government jobs, whether they are in local, state, or federal positions.
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 / 67th Dr neighborhood is English, spoken by 49.7% of households. Other important languages spoken here include Spanish, Russian, Chinese and Polish.
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 108th St / 67th Dr neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (23.9%). There are also a number of people of Puerto Rican ancestry (9.7%), and residents who report South American roots (7.8%), and some of the residents are also of Spanish ancestry (6.8%), along with some Arab ancestry residents (6.4%), among others. In addition, 37.5% 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 / 67th Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (52.0% of working residents), longer and tougher than most commutes in America.
Here most residents (46.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (16.9%) and 5.7% of residents also ride the bus 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.
