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Real Estate Prices & Overview

48th Ave / 91st Pl median real estate price is $1,063,104, which is more expensive than 76.5% of the neighborhoods in New York and 91.7% of the neighborhoods in the U.S.

The average rental price in 48th Ave / 91st Pl is currently $4,146, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 77.0% of the neighborhoods in New York.

48th Ave / 91st Pl is a densely urban neighborhood (based on population density) located in Queens, New York.

48th Ave / 91st Pl real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the 48th Ave / 91st Pl neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

48th Ave / 91st Pl has a 12.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

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 48th Ave / 91st Pl 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 76.5% of the real estate here is made up of such dwellings, which is higher than 99.9% 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 66,641 people per square mile, it is more densely populated than 99.1% of America's neighborhoods.

Modes of Transportation

In the 48th Ave / 91st Pl neighborhood, 46.8% 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 99.2% of the neighborhoods in America.

Also, more people in 48th Ave / 91st Pl choose to walk to work each day (16.2%) 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.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the 48th Ave / 91st Pl neighborhood buck this trend. 55.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.

People

48th Ave / 91st Pl has the amazing distinction of housing more same sex couples living together than 98.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the 48th Ave / 91st Pl neighborhood. What is interesting to note, is that the 48th Ave / 91st Pl neighborhood has a greater percentage of residents born in another country (67.8%) than are found in 99.7% of all U.S. neighborhoods.

Diversity

Did you know that the 48th Ave / 91st Pl neighborhood has more South American and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.5% of this neighborhood's residents have South American ancestry and 35.6% have Asian ancestry.

48th Ave / 91st Pl is also pretty special linguistically. Significantly, 18.7% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the 48th Ave / 91st Pl neighborhood in Queens are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.0% of the neighborhoods in America. With 20.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 69.4% 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 48th Ave / 91st Pl neighborhood, 35.6% 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 33.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.5%), and 8.1% 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 48th Ave / 91st Pl neighborhood is Spanish, spoken by 52.5% of households. Other important languages spoken here include Chinese, English and Tagalog (the first language of the Philippine region).

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 48th Ave / 91st Pl neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (35.6%). There are also a number of people of South American ancestry (25.5%), and residents who report Mexican roots (22.7%), and some of the residents are also of English ancestry (1.5%), along with some Puerto Rican ancestry residents (1.2%), among others. In addition, 67.8% of the residents of this neighborhood were born in another country.

Getting to Work

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 48th Ave / 91st Pl neighborhood spend between 30 and 45 minutes commuting one-way to work (34.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (46.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (20.8%) and 16.2% 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.


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