Long Island City Southeast median real estate price is $1,396,280, which is more expensive than 87.0% of the neighborhoods in New York and 95.9% of the neighborhoods in the U.S.
The average rental price in Long Island City Southeast is currently $5,326, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.7% of the neighborhoods in New York.
Long Island City Southeast is a suburban neighborhood (based on population density) located in Queens, New York.
Long Island City Southeast real estate is primarily made up of small (studio to two bedroom) single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Long Island City Southeast 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 2000 and the present.
In Long Island City Southeast, 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 Long Island City Southeast is very tight compared to the demand for property here.
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
Renter-occupied real estate is dominant in the Long Island City Southeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.3% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. With a real estate vacancy rate of only 0.0%, the Long Island City Southeast neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, the Long Island City Southeast 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 100.0% 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.
Furthermore, the Long Island City Southeast neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 100.0% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 98.7% of all neighborhoods in America.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 100.0% of the residential real estate in the Long Island City Southeast neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 100.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
People
In a nation where 1 out of every 4 children lives in poverty, the Long Island City Southeast neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Modes of Transportation
In the Long Island City Southeast neighborhood, 100.0% 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 100.0% of the neighborhoods in America.
Occupations
More people work in manufacturing and as laborers here in the Long Island City Southeast neighborhood than in 100.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
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. In the Long Island City Southeast neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 100.0% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Diversity
Did you know that the Long Island City Southeast neighborhood has more Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.3% of this neighborhood's residents have Polish ancestry.
Long Island City Southeast is also pretty special linguistically. Significantly, 1.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.4% of the neighborhoods in America.
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 Long Island City Southeast 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 100.0% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Long Island City Southeast neighborhood, 70.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.2% of the residents employed.
Languages
The most common language spoken in the Long Island City Southeast neighborhood is English, spoken by 100.0% of households. Some people also speak Polish (3.5%).
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 Long Island City Southeast neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Polish (12.3%). There are also a number of people of Italian ancestry (12.3%).
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 Long Island City Southeast neighborhood spend between 30 and 45 minutes commuting one-way to work (100.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (100.0%) take the train to get to work. 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.
