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Real Estate Prices & Overview

Glen Oaks median real estate price is $638,056, which is more expensive than 49.3% of the neighborhoods in New York and 69.5% of the neighborhoods in the U.S.

The average rental price in Glen Oaks is currently $4,073, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.4% of the neighborhoods in New York.

Glen Oaks is a densely urban neighborhood (based on population density) located in Queens, New York.

Glen Oaks 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 occupied by a mixture of owners and renters. Many of the residences in the Glen Oaks neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Glen Oaks has a 12.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.3% 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

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 Glen Oaks neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Glen Oaks neighborhood, is that an incredible 85.3% 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, 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 Glen Oaks 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, 49.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.4% of America's neighborhoods.

Occupations

The Glen Oaks neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.9% of the neighborhoods in America. In fact, 74.2% 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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.1% of U.S. neighborhoods.

Diversity

Did you know that the Glen Oaks neighborhood has more Eastern European and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.9% of this neighborhood's residents have Eastern European ancestry and 2.0% have Austrian ancestry.

Glen Oaks is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.6% 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 Glen Oaks 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 62.4% of the neighborhoods in America. With 11.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 54.5% 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 Glen Oaks neighborhood, 74.2% 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 16.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (5.3%), and 4.8% 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 Glen Oaks neighborhood is English, spoken by 58.2% of households. Other important languages spoken here include Langs. of India, Spanish and Chinese.

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 Glen Oaks neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (44.1%). There are also a number of people of Italian ancestry (10.8%), and residents who report Puerto Rican roots (7.7%), and some of the residents are also of Irish ancestry (6.0%), along with some Eastern European ancestry residents (3.9%), among others. In addition, 35.4% 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 Glen Oaks neighborhood spend between 15 and 30 minutes commuting one-way to work (56.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (52.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (11.2%) and 7.5% 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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