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Real Estate Prices & Overview

Marsden St / 166th St median real estate price is $532,810, which is more expensive than 38.7% of the neighborhoods in New York and 51.2% of the neighborhoods in the U.S.

The average rental price in Marsden St / 166th St is currently $2,169, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.0% of New York neighborhoods.

Marsden St / 166th St is a densely urban neighborhood (based on population density) located in Queens, New York.

Marsden St / 166th 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Marsden St / 166th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In Marsden St / 166th St, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 80.9% of all neighborhoods in the U.S. This means that the housing supply in Marsden St / 166th St is very tight compared to the demand for property here.

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 Marsden St / 166th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Marsden St / 166th 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 Marsden St / 166th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 19.0% 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 99.4% of all neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (20.4% ride the bus) than 98.8% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, in the Marsden St / 166th St neighborhood, 26.3% 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 98.0% of the neighborhoods in America.

Real Estate

The Marsden St / 166th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 37,348 persons per square mile in the neighborhood, it is more packed with people than 97.7% of the nation's neighborhoods.

Car Ownership

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 Marsden St / 166th St neighborhood have a highly unusual car ownership. 34.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.

Diversity

Did you know that the Marsden St / 166th St neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.9% of this neighborhood's residents have Jamaican ancestry and 9.2% have Dominican ancestry.

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. More residents of the Marsden St / 166th St neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.4% 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.

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 Marsden St / 166th St neighborhood in Queens are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.3% of U.S. neighborhoods. With 50.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.4% 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 Marsden St / 166th St neighborhood, 29.2% 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 28.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (27.0%), and 15.2% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Marsden St / 166th St neighborhood is English, spoken by 83.3% of households. Some people also speak Spanish (14.7%).

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 Marsden St / 166th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as Jamaican (27.9%). There are also a number of people of Dominican ancestry (9.2%), and residents who report Puerto Rican roots (8.7%), and some of the residents are also of Haitian ancestry (4.8%), along with some Native American ancestry residents (2.3%), among others. In addition, 22.1% 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 Marsden St / 166th St neighborhood spend between 45 minutes and one hour commuting one-way to work (40.6% of working residents), longer and tougher than most commutes in America.

Here most residents (41.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.3%) and 20.4% of residents also ride the bus 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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