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Real Estate Prices & Overview

129th Ave / 174th Pl median real estate price is $828,056, which is more expensive than 62.8% of the neighborhoods in New York and 85.3% of the neighborhoods in the U.S.

The average rental price in 129th Ave / 174th Pl is currently $3,042, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 53.3% of New York neighborhoods.

129th Ave / 174th Pl is a densely urban neighborhood (based on population density) located in Queens, New York.

129th Ave / 174th Pl real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 129th Ave / 174th Pl neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In 129th Ave / 174th Pl, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in 129th Ave / 174th Pl is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

With a real estate vacancy rate of only 0.0%, the 129th Ave / 174th Pl neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 129th Ave / 174th Pl neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 38.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.9% 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 129th Ave / 174th Pl 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 129th Ave / 174th Pl neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.2% 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 99.6% of all neighborhoods in America.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the 129th Ave / 174th Pl neighborhood has more single mother households than 98.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 21.8% of the 129th Ave / 174th Pl neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 97.3% of U.S. neighborhoods.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 129th Ave / 174th Pl neighborhood has a highly unusual pattern of car ownership. 20.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

Diversity

Did you know that the 129th Ave / 174th Pl neighborhood has more Jamaican and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.8% of this neighborhood's residents have Jamaican ancestry and 9.6% have Haitian ancestry.

129th Ave / 174th Pl is also pretty special linguistically. Significantly, 7.8% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.7% of the neighborhoods in America.

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 129th Ave / 174th Pl 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 67.3% of U.S. neighborhoods. With 28.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.6% 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 129th Ave / 174th Pl neighborhood, 37.6% 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 27.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.9%), and 13.0% in manufacturing and laborer 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 129th Ave / 174th Pl neighborhood is English, spoken by 86.6% of households. Other important languages spoken here include French, Spanish and Langs. of India.

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 129th Ave / 174th Pl neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (30.8%). There are also a number of people of Puerto Rican ancestry (9.9%), and residents who report Haitian roots (9.6%), and some of the residents are also of Dominican ancestry (3.8%), along with some Asian ancestry residents (1.5%), among others. In addition, 42.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 129th Ave / 174th Pl neighborhood spend between 30 and 45 minutes commuting one-way to work (33.6% 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 (20.2%) who commute over an hour in each direction.

Here most residents (40.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (21.8%) and 13.9% 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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