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Real Estate Prices & Overview

Jackson Heights Southwest median real estate price is $821,887, which is more expensive than 62.3% of the neighborhoods in New York and 84.8% of the neighborhoods in the U.S.

The average rental price in Jackson Heights Southwest is currently $3,242, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.6% of New York neighborhoods.

Jackson Heights Southwest is a densely urban neighborhood (based on population density) located in Queens, New York.

Jackson Heights Southwest 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 renter occupied. Many of the residences in the Jackson Heights Southwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Jackson Heights Southwest, 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 Jackson Heights Southwest is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

Real Estate

This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Jackson Heights Southwest neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

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 78,051 people per square mile, it is more densely populated than 99.3% of America'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 Jackson Heights Southwest neighborhood is one of the most walkable neighborhoods in America.

Furthermore, the real estate in the Jackson Heights Southwest neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 87.9% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.9% of American neighborhoods.

Also of note, the Jackson Heights Southwest 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 90.5% 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.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 39.7% of the Jackson Heights Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 99.0% of America's neighborhoods.

Also, a unique way of commuting is simply not to. And in the Jackson Heights Southwest neighborhood, analysis shows that 40.5% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 98.3% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Jackson Heights Southwest neighborhood buck this trend. 42.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.2% of U.S. neighborhoods.

Diversity

Did you know that the Jackson Heights Southwest neighborhood has more Romanian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Romanian ancestry and 12.1% have South American ancestry.

Jackson Heights Southwest is also pretty special linguistically. Significantly, 3.1% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 97.7% of the neighborhoods in America.

Migration / Stability

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 Southwest neighborhood has a greater percentage of residents born in another country (56.5%) than are found in 98.7% 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 Jackson Heights Southwest 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 57.2% of the neighborhoods in America. With 10.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 51.5% 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 Jackson Heights Southwest neighborhood, 65.8% 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 14.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.9%), and 9.1% 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 Jackson Heights Southwest neighborhood is English, spoken by 28.3% of households. Other important languages spoken here include Spanish, Polish, Chinese and Korean.

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 Jackson Heights Southwest neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (27.2%). There are also a number of people of South American ancestry (12.1%), and residents who report Polish roots (5.0%), and some of the residents are also of Irish ancestry (4.2%), along with some Dominican ancestry residents (4.1%), among others. In addition, 56.5% 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 Jackson Heights Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (40.5% of working residents), longer and tougher than most commutes in America.

Here most residents (39.7%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (9.1%) . 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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