43rd Ave / 108th St median real estate price is $986,950, which is more expensive than 75.1% of the neighborhoods in New York and 90.8% of the neighborhoods in the U.S.
The average rental price in 43rd Ave / 108th St is currently $3,183, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.9% of New York neighborhoods.
43rd Ave / 108th St is a densely urban neighborhood (based on population density) located in Queens, New York.
43rd 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the 43rd Ave / 108th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In 43rd Ave / 108th St, the current vacancy rate is 1.2%, which is a lower rate of vacancies than 90.9% of all neighborhoods in the U.S. This means that the housing supply in 43rd Ave / 108th 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.
Modes of Transportation
In the 43rd Ave / 108th St neighborhood, 58.6% 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 99.8% of the neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work (10.7% ride the bus) than 95.2% 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.
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 83,843 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The 43rd Ave / 108th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 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 43rd 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 57.5% of the real estate here is made up of such dwellings, which is higher than 99.0% of all U.S. neighborhoods.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the 43rd Ave / 108th St neighborhood buck this trend. 58.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.1% of U.S. neighborhoods.
People
One of the really interesting characteristics about the 43rd Ave / 108th 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 1.9% of college-friendly places to live in the state of New York.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the 43rd Ave / 108th St neighborhood. What is interesting to note, is that the 43rd Ave / 108th St neighborhood has a greater percentage of residents born in another country (78.4%) than are found in 99.9% of all U.S. neighborhoods.
Diversity
Did you know that the 43rd 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, 34.4% of this neighborhood's residents have South American ancestry and 19.0% have Dominican ancestry.
43rd Ave / 108th St is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
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 43rd Ave / 108th 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 68.2% of U.S. neighborhoods. With 28.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.3% 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 43rd Ave / 108th St neighborhood, 38.6% 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 37.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.7%), and 9.5% in clerical, assistant, and tech support 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 43rd Ave / 108th St neighborhood is Spanish, spoken by 73.4% of households. Other important languages spoken here include Chinese, English and Urdu (the national language of Pakistan).
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 43rd Ave / 108th St neighborhood in Queens, NY, residents most commonly identify their ethnicity or ancestry as South American (34.4%). There are also a number of people of Mexican ancestry (20.3%), and residents who report Dominican roots (19.0%), and some of the residents are also of Asian ancestry (16.0%), along with some Puerto Rican ancestry residents (2.8%), among others. In addition, 78.4% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in 43rd Ave / 108th St neighborhood spend between 45 minutes and one hour commuting one-way to work (45.9% of working residents), longer and tougher than most commutes in America.
Here most residents (58.6%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (10.8%) and 10.7% of residents also ride the bus 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.
