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Real Estate Prices & Overview

Booth Memorial Ave / 138th St median real estate price is $1,478,368, which is more expensive than 87.0% of the neighborhoods in New York and 95.8% of the neighborhoods in the U.S.

The average rental price in Booth Memorial Ave / 138th St is currently $4,009, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.0% of the neighborhoods in New York.

Booth Memorial Ave / 138th St is a densely urban neighborhood (based on population density) located in Queens, New York.

Booth Memorial Ave / 138th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Booth Memorial Ave / 138th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 8.7% in Booth Memorial Ave / 138th St. NeighborhoodScout analysis shows that this rate is lower than 41.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Booth Memorial Ave / 138th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Booth Memorial Ave / 138th St 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, 46.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.1% of America's neighborhoods.

In addition, the Booth Memorial Ave / 138th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 34,920 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Booth Memorial Ave / 138th St neighborhood is one of the most walkable neighborhoods in America.

People

The Booth Memorial Ave / 138th St neighborhood has a greater percentage of children living in poverty (64.0%) than found in 97.7% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, with a nice mix of college students, safety from crime, and decent walkability, the Booth Memorial Ave / 138th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.8% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Booth Memorial Ave / 138th St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.4% of all American neighborhoods.

Modes of Transportation

More people in Booth Memorial Ave / 138th St choose to walk to work each day (14.6%) 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.

Also, in the Booth Memorial Ave / 138th St neighborhood, 10.2% 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 95.8% of the neighborhoods in America.

Diversity

Did you know that the Booth Memorial Ave / 138th St neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 62.9% of this neighborhood's residents have Asian ancestry and 17.7% have South American ancestry.

Booth Memorial Ave / 138th St is also pretty special linguistically. Significantly, 51.5% of its residents five years old and above primarily speak Chinese at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

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 Booth Memorial Ave / 138th St neighborhood. What is interesting to note, is that the Booth Memorial Ave / 138th St neighborhood has a greater percentage of residents born in another country (65.0%) than are found in 99.5% of all U.S. neighborhoods.

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 Booth Memorial Ave / 138th St neighborhood in Queens are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.5% of U.S. neighborhoods. With 64.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Booth Memorial Ave / 138th St neighborhood, 40.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 21.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.5%), and 16.1% 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 Booth Memorial Ave / 138th St neighborhood is Chinese, spoken by 51.5% of households. Other important languages spoken here include English, Spanish and Tagalog (the first language of the Philippine region).

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 Booth Memorial Ave / 138th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (62.9%). There are also a number of people of South American ancestry (17.7%), and residents who report German roots (3.1%), and some of the residents are also of Polish ancestry (2.6%), along with some Greek ancestry residents (2.3%), among others. In addition, 65.0% 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 Booth Memorial Ave / 138th St neighborhood spend between 45 minutes and one hour commuting one-way to work (40.0% of working residents), longer and tougher than most commutes in America.

Here most residents (27.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.2%) and 14.6% of residents also hop out the door and walk to work 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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