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Real Estate Prices & Overview

Glen Oaks median real estate price is $588,885, which is more expensive than 47.7% of the neighborhoods in New York and 70.9% of the neighborhoods in the U.S.

The average rental price in Glen Oaks is currently $4,501, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.2% of the neighborhoods in New York.

Glen Oaks is a densely urban neighborhood (based on population density) located in Queens, New York.

Glen Oaks real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Glen Oaks neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Glen Oaks has a 12.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 71.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

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 Glen Oaks neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the Glen Oaks neighborhood, is that an incredible 93.0% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.

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 Glen Oaks 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, 41.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.3% of America's neighborhoods.

Modes of Transportation

In the Glen Oaks neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 13.7% of residents here. This is a higher proportion of walking commuters than we found in 96.7% of American neighborhoods. Get ready to put on your walking shoes if you move here!

People

If you're planning where to retire, the Glen Oaks neighborhood in Queens is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in NY, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 87.6% of the neighborhoods in New York. If you are considering retiring to New York, this is a good neighborhood to look at. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Glen Oaks neighborhood has more Eastern European and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.3% of this neighborhood's residents have Eastern European ancestry and 45.5% have Asian ancestry.

Glen Oaks is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.6% 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 Glen Oaks neighborhood has a greater percentage of residents born in another country (42.6%) than are found in 95.2% 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 Glen Oaks neighborhood in Queens are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.5% of the neighborhoods in America. In addition, 6.9% 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 58.8% of America'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 Glen Oaks neighborhood, 60.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 17.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.2%), and 5.9% 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 Glen Oaks neighborhood is English, spoken by 47.1% of households. Other important languages spoken here include Spanish, Langs. of India and Chinese.

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 Glen Oaks neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Asian (45.5%). There are also a number of people of Italian ancestry (8.5%), and residents who report Irish roots (5.3%), and some of the residents are also of Puerto Rican ancestry (5.1%), along with some Eastern European ancestry residents (3.3%), among others. In addition, 42.6% of the residents of this neighborhood were born in another country.

Getting to Work

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 Glen Oaks neighborhood spend between 15 and 30 minutes commuting one-way to work (45.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (13.7%) and 7.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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