38th Ave / 147th St median real estate price is $534,546, which is more expensive than 42.9% of the neighborhoods in New York and 69.0% of the neighborhoods in the U.S.
The average rental price in 38th Ave / 147th St is currently $2,567, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.6% of New York neighborhoods.
38th Ave / 147th St is a densely urban neighborhood (based on population density) located in Queens, New York.
38th Ave / 147th St 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 38th Ave / 147th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In 38th Ave / 147th St, the current vacancy rate is 0.7%, which is a lower rate of vacancies than 92.3% of all neighborhoods in the U.S. This means that the housing supply in 38th Ave / 147th St 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
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 75,915 people per square mile, it is more densely populated than 99.3% of America's neighborhoods.
In addition, one of the really unique and interesting things about the look and setting of the 38th Ave / 147th St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 84.7% 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 97.4% of all neighborhoods in America.
Furthermore, the 38th Ave / 147th St 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 86.6% 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 38.2% of the 38th Ave / 147th St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.7% of America's neighborhoods.
Also, more people in 38th Ave / 147th St choose to walk to work each day (11.8%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 38th Ave / 147th St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the 38th Ave / 147th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.8% of all neighborhoods in America.
People
Of note, 62.3% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the 38th Ave / 147th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.0% of the neighborhoods in NY. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the 38th Ave / 147th St neighborhood buck this trend. 31.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.
Diversity
Did you know that the 38th Ave / 147th St neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 65.2% of this neighborhood's residents have Asian ancestry and 10.9% have South American ancestry.
38th Ave / 147th St is also pretty special linguistically. Significantly, 37.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the 38th Ave / 147th St neighborhood has a greater percentage of residents born in another country (64.3%) than are found in 99.5% 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 38th Ave / 147th St 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 40.2% of the neighborhoods in America. With 62.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.3% 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 38th Ave / 147th St neighborhood, 33.9% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 23.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.1%), and 19.8% 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 38th Ave / 147th St neighborhood is Chinese, spoken by 37.6% of households. Other important languages spoken here include Spanish, English, Korean and Langs. of India.
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 38th Ave / 147th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (65.2%). There are also a number of people of South American ancestry (10.9%), and residents who report Dominican roots (3.2%), and some of the residents are also of Arab ancestry (2.3%), along with some Polish ancestry residents (1.4%), among others. In addition, 64.3% 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 38th Ave / 147th St neighborhood spend between 15 and 30 minutes commuting one-way to work (34.3% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (13.1%) who commute over an hour in each direction.
Here most residents (38.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (28.2%) and 11.8% of residents also hop out the door and walk to work 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.
