Jackson Heights median real estate price is $629,808, which is more expensive than 47.9% of the neighborhoods in New York and 73.0% of the neighborhoods in the U.S.
The average rental price in Jackson Heights is currently $3,756, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.7% of the neighborhoods in New York.
Jackson Heights is a densely urban neighborhood (based on population density) located in Queens, New York.
Jackson Heights 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Jackson Heights neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Jackson Heights are 3.9%, which is lower than one will find in 72.3% of American neighborhoods. Demand for real estate in Jackson Heights is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
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 88,951 people per square mile, it is more densely populated than 99.5% of America's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Jackson Heights neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, one of the really unique and interesting things about the look and setting of the Jackson Heights neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 83.7% 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 97.2% of all neighborhoods in America.
Furthermore, the Jackson Heights 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 82.4% 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.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 42.0% of the Jackson Heights neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.2% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the Jackson Heights neighborhood buck this trend. 37.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.9% of U.S. neighborhoods.
Jackson Heights is ranked among the top 9.4% of neighborhoods for first-time home buyers to consider in the state of New York according to NeighborhoodScout's exclusive analysis. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Jackson Heights neighborhood is not only an accessible option but an investment opportunity for many first-time home buyers.
Did you know that the Jackson Heights neighborhood has more South American and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 46.4% of this neighborhood's residents have South American ancestry and 1.5% have Romanian ancestry.
Jackson Heights is also pretty special linguistically. Significantly, 2.2% 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 98.8% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Jackson Heights neighborhood has a greater percentage of residents born in another country (48.8%) than are found in 97.1% of all U.S. neighborhoods.
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 Jackson Heights 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 60.2% of the neighborhoods in America. In addition, 7.1% 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 57.1% 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 Jackson Heights neighborhood, 51.7% of the working population is employed in executive, management, and professional 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 25.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.1%), and 8.0% in clerical, assistant, and tech support occupations.
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 Jackson Heights neighborhood is Spanish, spoken by 52.9% of households. Other important languages spoken here include English, Russian and Korean.
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 Jackson Heights neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (46.4%). There are also a number of people of Italian ancestry (6.2%), and residents who report Irish roots (6.1%), and some of the residents are also of Asian ancestry (5.7%), along with some Mexican ancestry residents (5.3%), among others. In addition, 48.8% 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 Jackson Heights neighborhood spend between 30 and 45 minutes commuting one-way to work (41.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (42.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.6%) and 8.9% of residents also carpool with coworkers, friends, or neighbors 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.