43rd Ave / 102nd St median real estate price is $894,658, which is more expensive than 67.3% of the neighborhoods in New York and 87.8% of the neighborhoods in the U.S.
The average rental price in 43rd Ave / 102nd St is currently $3,429, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 64.9% of the neighborhoods in New York.
43rd Ave / 102nd St is a densely urban neighborhood (based on population density) located in Queens, New York.
43rd Ave / 102nd 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 43rd Ave / 102nd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In 43rd Ave / 102nd St, 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 43rd Ave / 102nd St is very tight compared to the demand for property here.
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 43rd Ave / 102nd St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Renter-occupied real estate is dominant in the 43rd Ave / 102nd St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 90.5%, which is higher than 97.0% 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 43rd Ave / 102nd St 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, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The 43rd Ave / 102nd St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 49.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.4% of America's neighborhoods.
Furthermore, the 43rd Ave / 102nd St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 42,879 persons per square mile in the neighborhood, it is more packed with people than 98.1% of the nation's neighborhoods.
Of note is NeighborhoodScout's research finding that the 43rd Ave / 102nd St neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the 43rd Ave / 102nd St community truly stands out from the rest in this regard.
In addition, one of the really interesting characteristics about the 43rd Ave / 102nd St neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of New York.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the 43rd Ave / 102nd St neighborhood have a highly unusual car ownership. 80.2% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.9% of U.S. neighborhoods.
In the 43rd Ave / 102nd St neighborhood, 51.2% 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 99.6% of the neighborhoods in America.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 8.3% of residents in the 43rd Ave / 102nd St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
There are more people living in the 43rd Ave / 102nd St neighborhood employed as sales and service workers (51.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The 43rd Ave / 102nd 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 43rd Ave / 102nd St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 12.5% 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 97.6% of all neighborhoods in America.
Did you know that the 43rd Ave / 102nd St neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.2% of this neighborhood's residents have South American ancestry and 12.7% have Dominican ancestry.
43rd Ave / 102nd St is also pretty special linguistically. Significantly, 82.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.
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 43rd Ave / 102nd St neighborhood has a greater percentage of residents born in another country (70.2%) than are found in 99.7% 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 43rd Ave / 102nd St 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 73.8% of the neighborhoods in America. 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 43rd Ave / 102nd St neighborhood, 48.7% 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 manufacturing and laborer occupations, with 28.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.1%), and 10.8% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the 43rd Ave / 102nd St neighborhood is Spanish, spoken by 82.0% of households. Some people also speak English (13.6%).
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 43rd Ave / 102nd St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (41.2%). There are also a number of people of Mexican ancestry (35.2%), and residents who report Dominican roots (12.7%), and some of the residents are also of Asian ancestry (6.0%), along with some German ancestry residents (1.1%), among others. In addition, 70.2% 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 43rd Ave / 102nd St neighborhood spend between 45 minutes and one hour commuting one-way to work (55.1% of working residents), longer and tougher than most commutes in America.
Here most residents (51.2%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (15.5%) and 9.4% 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.
