42nd Ave / 108th St median real estate price is $1,064,909, which is more expensive than 73.0% of the neighborhoods in New York and 90.1% of the neighborhoods in the U.S.
The average rental price in 42nd Ave / 108th St is currently $3,236, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.2% of New York neighborhoods.
42nd Ave / 108th St is a densely urban neighborhood (based on population density) located in Queens, New York.
42nd Ave / 108th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the 42nd Ave / 108th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in 42nd Ave / 108th St are 2.9%, which is lower than one will find in 79.6% of American neighborhoods. Demand for real estate in 42nd Ave / 108th St 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.
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 42nd Ave / 108th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
In the 42nd Ave / 108th St neighborhood, 58.9% 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 99.9% of the neighborhoods in America.
Also, more people ride the bus in this neighborhood each day to get to work than 97.9% of U.S. neighborhoods.
Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the 42nd Ave / 108th St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 72.9% of the real estate here is made up of such dwellings, which is higher than 99.8% of all U.S. neighborhoods.
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 80,900 people per square mile, it is more densely populated than 99.4% of America's neighborhoods.
Furthermore, renter-occupied real estate is dominant in the 42nd Ave / 108th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.9%, which is higher than 96.2% 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.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the 42nd Ave / 108th St neighborhood has a highly unusual pattern of car ownership. 66.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.5% of U.S. neighborhoods.
More people work in manufacturing and as laborers here in the 42nd Ave / 108th St neighborhood than in 98.0% 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.
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. More residents of the 42nd Ave / 108th St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 97.7% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the 42nd Ave / 108th St neighborhood has a greater percentage of residents born in another country (68.5%) than are found in 99.7% of all U.S. neighborhoods.
Did you know that the 42nd Ave / 108th St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.7% of this neighborhood's residents have South American ancestry and 6.6% have Dominican ancestry.
42nd Ave / 108th St is also pretty special linguistically. Significantly, 68.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.3% of all U.S. neighborhoods.
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 42nd Ave / 108th 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 94.1% of U.S. neighborhoods. With 15.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.8% 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 42nd Ave / 108th St neighborhood, 46.7% of the working population is employed in manufacturing and laborer 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 36.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.8%), and 8.1% in executive, management, and professional 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 42nd Ave / 108th St neighborhood is Spanish, spoken by 68.7% of households. Other important languages spoken here include Chinese, English and Tagalog (the first language of the Philippine region).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the 42nd Ave / 108th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Mexican (33.1%). There are also a number of people of Asian ancestry (30.0%), and residents who report South American roots (21.7%), and some of the residents are also of Dominican ancestry (6.6%). In addition, 68.5% of the residents of this neighborhood were born in another country.
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 42nd Ave / 108th St neighborhood spend between 45 minutes and one hour commuting one-way to work (57.1% of working residents), longer and tougher than most commutes in America.
Here most residents (58.9%) take the train to get to work. In addition, quite a number also ride the bus to get to work (16.3%) and 10.3% of residents also drive alone in a private automobile 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.
